US Attorney behind Sam Bankman-Fried case will resign on Dec. 13

Deputy US Attorney Edward Y. Kim will serve as the acting head for the Southern District of New York until the Senate confirms one of Donald Trumps nominees.

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Founder of crypto Ponzi scheme IcomTech sentenced to 10 years in prison

David Carmona was the mastermind behind IcomTechs Ponzi scheme," which netted an estimated $8.4 million from victims.

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Ex-NFL team owner Reggie Fowler gets 6 years for crypto ‘shadow banking’

Reginald Fowler, a former NFL team owner, has been sentenced to six years of prison for operating as a “shadow bank” to the crypto sector, which involved over $700 million in unregulated transactions over a 10-month timespan in 2018. The 63-year-old, who was a co-owner of the Minnesota Vikings, was sentenced to a total of [...]

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