US Prosecutors Accuse Engineer of Stealing Millions of Dollars in Crypto on DeFi Platform

(Bloomberg) -- US prosecutors charged a New York man with stealing millions of dollars in crypto after exploiting vulnerabilities on a decentralized finance or “DeFi” platform — the latest sign of increased willingness by authorities to wade into this corner of the digital-asset market to thwart alleged wrongdoing. Most Read from BloombergTurkey Agrees to Back Sweden’s NATO Bid in Boost to AlliancePoisoned Cough Syrup Killed Kids. Authorities Cut the Investigation ShortMicrosoft Cleared to Buy A

• 2023-07-12
• Bloomberg decentralized finance Shakeeb Ahmed Damian Williams smart contracts digital fingerprints Southern District of New York New York

OpenSea Ex-Head of Product Convicted in NFT Insider Trading Case

It's the first criminal case of an insider trading scheme involving digital assets, says the DOJ.

• 2023-05-04
• OpenSea Nathaniel Chastain digital assets money laundering Damian Williams insider trading Chastain

First-Ever NFT Insider-Trading Case Heads to Trial

A former OpenSea employee is accused of using confidential information to buy digital tokens before they were featured by the company.

• 2023-04-24
• Nathaniel Chastain OpenSea federal prosecutors confidential information insider trading Damian Williams Chastain Justice Department digital tokens

AirBit Club execs have pleaded guilty to fraud in $100 million crypto ‘Ponzi scheme’: DOJ

Seven executives of AirBit Club pleaded guilty to fraud in their roles in a multiyear venture the Department of Justice claims was a crypto 'Ponzi scheme.'

• 2023-03-09
• AirBit Club the Department of Justice CRYPTO guilty pleas Ponzi scheme Damian Williams Pablo Renato Rodriguez trading platform Scott Hughes unsuspecting victims

Airbit Club executives pleaded guilty to fraud in $100 million crypto ‘Ponzi’ scheme: DOJ

Seven executives of AirBit Club pleaded guilty to fraud in their roles in a multiyear venture the Department of Justice claims was a crypto 'Ponzi scheme.'

• 2023-03-09
• Airbit Club the Department of Justice guilty pleas Ponzi scheme Damian Williams Pablo Renato Rodriguez trading platform Scott Hughes unsuspecting victims crypto trading

SBF Wants to Watch Netflix and Read Crypto News While Awaiting Trial

The U.S. Attorney submitted a new request to adjust Sam Bankman-Fried's internet access.

• 2023-03-06
• Judge Lewis Kaplan Damian Williams SBF Amazon federal court Apple laptop government websites

Head of crypto, FX trading platform EminiFX pleads guilty to US$248 million fraud charges

Mastermind of the EminiFX fraud has pleaded guilty to soliciting investments worth more than US$248 million from tens of thousands of investors, says US DOJ.

• 2023-02-13
• US Department of Justice fraud investigation Damian Williams cryptocurrency Eddy Alexandre