SDNY

The U.S. Federal Bureau of Investigation arrested three men accused in a complicated scheme to steal $10 million from banks and swap it for crypto. (Jesse Hamilton/CoinDesk)
FBI Arrests Trio Accused of Bilking Banks Out of $10M, Converting Funds to Crypto
Three men allegedly used foreign crypto exchanges to launder the proceeds of a scheme that targeted nearly a dozen financial institutions in the New York metro area.
The U.S. Federal Bureau of Investigation arrested three men accused in a complicated scheme to steal $10 million from banks and swap it for crypto. (Jesse Hamilton/CoinDesk)

SDNY courthouse (Spencer Platt/Getty Images)
Crypto Trader Avi Eisenberg's $110M Fraud Trial Delayed Until April 2024
The alleged Mango Markets exploiter said he needs more time to prepare for trial.
SDNY courthouse (Spencer Platt/Getty Images)

XRP 24-hour chart (CoinDesk Indices)
Ripple’s XRP Token Surges 96% After Partial Victory in SEC Lawsuit
XRP climbed as high as 93 cents at one point, its highest level since March 2022.
XRP 24-hour chart (CoinDesk Indices)

(Twitter.com)
U.S. Authorities Extradite UK Citizen Behind 2020 Twitter Hack, SIM Swap Crypto Theft
Joseph O’Connor, known by his handle PlugWalkJoe, was arrested in Spain in 2021.
(Twitter.com)

Ian McGinley, a partner at Akin Gump, said the outlook is grim for former FTX CEO Sam Bankman-Fried. (CoinDesk)
Ellison and Wang Will Be ‘Game Changers' in Bankman-Fried's Trial, Lawyer Says
The testimony of the two FTX insiders could be damning for Bankman-Fried as he fights criminal charges, according to Ian McGinley, a partner at Akin Group.
Ian McGinley, a partner at Akin Gump, said the outlook is grim for former FTX CEO Sam Bankman-Fried. (CoinDesk)

NEW YORK, NY - DECEMBER 22: FTX founder Sam Bankman-Fried leaves Manhattan Federal Court after his arraignment and bail hearings on December 22, 2022 in New York City. Bankman-Fried, who was indicted on December 9th and arrested 3 days later by Bahamas law enforcement at the request of U.S. prosecutors, consented to extradition to the U.S. where he is facing eight criminal counts of fraud, conspiracy and money-laundering offenses which includes making illegal political contributions. He is potentially facing life in prison if convicted.  He was released on $250 million bond with the bail package requiring him to stay with his parents in California. (Photo by David Dee Delgado/Getty Images)
Sam Bankman-Fried Released on $250M Bail Secured by Parents
In his first court appearance since being extradited from the Bahamas, the former CEO was told he can live with his parents on $250 million bail secured by their Palo Alto hou...
NEW YORK, NY - DECEMBER 22: FTX founder Sam Bankman-Fried leaves Manhattan Federal Court after his arraignment and bail hearings on December 22, 2022 in New York City. Bankman-Fried, who was indicted on December 9th and arrested 3 days later by Bahamas law enforcement at the request of U.S. prosecutors, consented to extradition to the U.S. where he is facing eight criminal counts of fraud, conspiracy and money-laundering offenses which includes making illegal political contributions. He is potentially facing life in prison if convicted.  He was released on $250 million bond with the bail package requiring him to stay with his parents in California. (Photo by David Dee Delgado/Getty Images)

Caroline Ellison, former CEO of Alameda Research (Twitter/@carolinecapital)
Caroline Ellison Plea Agreement: $250,000 Bail, Surrender of Travel Documents, Forfeiture of Assets
The plea agreement would waive Ellison of any charges except criminal tax violations, provided she fully cooperates with U.S. Attorney's office.
Caroline Ellison, former CEO of Alameda Research (Twitter/@carolinecapital)

(Shutterstock)
Manhattan US Attorney's Office Opens Probe Into FTX Collapse: Reuters
The investigation is one of several probes into the now-bankrupt company's operations.
(Shutterstock)

Tether Chief Technology Officer Paolo Ardoino at Paris Blockchain Week on April 14, 2022. (Bitfinex)
US Tether Bank Fraud Investigation Changes Hands Within the DOJ: Report
The U.S. Attorney’s Office for the Southern District of New York will now be handling the investigation, Bloomberg reported Monday.
Tether Chief Technology Officer Paolo Ardoino at Paris Blockchain Week on April 14, 2022. (Bitfinex)

The Southern District of New York's courthouse (elbud / Shutterstock)
How the Feds Are Prosecuting NFT Insider Trading Scheme as Wire Fraud – and Why That Matters
The Justice Department could use the case as a model to police market manipulation for other assets. Regulators are watching.
The Southern District of New York's courthouse (elbud / Shutterstock)