SDNY

Virgil Griffith Should Return to Jail Pending Trial, Prosecutors Tell Judge

Virgil Griffith, the Ethereum developer charged with violating U.S. sanctions law in North Korea, has violated his bail conditions and should be returned to jail, U.S. prosecutors wrote to the judge presiding over the case.

News  ·  10 July 2021

BitMEX CEO Arthur Hayes May Surrender to US Law Enforcement Next Month

Hayes would be allowed to continue living in Singapore under the agreement his counsel is currently negotiating with federal prosecutors.

News  ·  3 March 2021
SDNY

Judge Rejects Virgil Griffith’s Motion to Dismiss Charges of Aiding North Korea

U.S. Judge Kevin Castel also denied the Ethereum developer’s request for more details about what he’s being charged with.

News  ·  30 January 2021
CoinFlash

Silk Road Programmer Pleads Guilty to Making False Statements

Michael Weigand faces a five-year maximum sentence for hiding his role with Silk Road from investigators.

News  ·  21 September 2020
Regulation

New York US Attorney Geoffrey Berman Steps Down, President Trump Nominates SEC Chair Jay Clayton to Post [Updated]

SEC Chairman Jay Clayton has been nominated to become the U.S. Attorney for the Southern District of New York, replacing U.S. Attorney Geoffrey Berman, who said he had not resigned.

News  ·  20 June 2020
Drugs

Drug Dealer Just Sentenced to 25 Years Hoped to Build a Better Bitcoin Miner

Paul Calder LeRoux, an admitted drug dealer with a background in encryption, planned to build a bitcoin miner had he beaten the rap.

News  ·  12 June 2020
SEC

US Authorities Charge Crypto ‘Trading Club’ Operators With Defrauding 150 Investors

Michael Ackerman and unnamed business partners allegedly defrauded investors of $33M in a crypto-trading scheme targeting doctors.

News  ·  11 February 2020
Fraud

US Prosecutors Charge Founder of ‘IGOBIT’ Token With Fraud

Prosecutors allege that Asa Saint Clair lured investors to invest in the "World Sports Alliance" using his IGOBIT digital currency.

Markets  ·  6 November 2019