SDNY

The defendants are said to have committed hundreds of acts of wire fraud, "causing harm to Google and at least approximately 100,000 Google users."

By Jamie Crawley

Apr 4, 2024 at 12:07 p.m. UTC

Apr 4, 2024

GoogleFraudCourt CasesScammersUSSDNY

CEO Brian Armstrong's Coinbase had a day in court today against Chair Gary Gensler's Securities and Exchange Commission as the company asked a judge to dismiss the SEC's action. (CoinDesk)

Policy

Regulations

Coinbase and SEC Dig in With U.S. Judge on Whether Securities Law Applies to Listings

The federal judge must now weigh what a Coinbase lawyer characterized as "a pure question of law," and her answer could have big consequences on the crypto sector.

By Jesse Hamilton Elizabeth Napolitano

Jan 17, 2024 at 9:38 p.m. UTC

Jan 17, 2024

RegulationsCoinbaseSecurities and Exchange CommissionSDNYEnforcement

Coinbase is getting set to tell a judge why the U.S. Securities and Exchange Commission, under Chair Gary Gensler, has improperly picked a legal fight with the exchange. (Jesse Hamilton/CoinDesk)

Policy

Regulations

Coinbase's SEC Clash Faces First Major Test as Judge Weighs Longshot Dismissal

A federal U.S. judge will hear arguments about whether or not to toss the case based on legal arguments that the regulator was in the wrong when it sued the exchange.

By Jesse Hamilton

Jan 16, 2024 at 8:25 p.m. UTC

Jan 16, 2024

RegulationsSDNYLegalCoinbaseSecurities and Exchange Commission

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)

Policy

Regulation

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.

By Elizabeth Napolitano

Nov 16, 2023 at 6:43 p.m. UTC

Nov 16, 2023

RegulationBank FraudFederal bureau of investigationSDNYCriminalNew York

Policy

Sdny

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.

By Danny Nelson

Nov 3, 2023 at 10:18 p.m. UTC

Nov 3, 2023

SDNYMango MarketsTrials

Markets

Ripple

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.

By Sage D. Young

Jul 13, 2023 at 4:44 p.m. UTC

Jul 13, 2023

RippleXRPSDNYSECRegulation

Finance

Twitter hack 2020

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.

By Sam Reynolds

May 10, 2023 at 1:30 a.m. UTC

May 10, 2023

Twitter Hack 2020TwitterSDNY

CoinDesk

Ftx collapse

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.

By Fran Velasquez

Dec 27, 2022 at 6:40 p.m. UTC

Dec 27, 2022

FTX CollapseSDNYAkin gump strauss hauer and feldCoinDesk TVAlameda Research

Sam Bankman-Fried exits federal court in New York City (David Dee Delgado/Getty Images)

Policy

Regulations

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...

By Elizabeth Napolitano Jesse Hamilton

Dec 22, 2022 at 6:47 p.m. UTC

Dec 22, 2022

RegulationsSDNYCourt CasesFTX CollapseFTXAlameda ResearchCriminal Justice