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Ryan Salame’s Legal Woes Escalate as Guilty Plea is Reversed.
Ryan Salame, the former co-CEO of FTX Digital Markets, made a reappearance in U.S. District Court on September 12, as Judge Lewis A. Kaplan addressed his previously withdrawn guilty plea. This court appearance follows the collapse of Salame’s original plea agreement with U.S. authorities, sparking renewed scrutiny over his alleged involvement in criminal activities. Ryan…
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Businessman Linked to Bannon Found Guilty in Fraudulent Scheme
The Rise and Fall of a Business Empire: Unpacking the Conviction of a Billionaire In a tale that seems ripped from a high-octane financial thriller, a billionaire with deep ties to global politics and an expansive media empire finds himself on the wrong side of the law. In a recent landmark trial in New York,…
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Crypto Adviser Found Guilty for Illegally Promoting BitConnect without License
The Downfall of a crypto Kingpin: A Tale of Unlicensed Advice The digital currency world can often feel like the Wild West, with pioneers and outlaws vying for their piece of digital gold. However, the lawmen of this frontier, like the Australian Securities and Investments Commission (ASIC), ensure that order is maintained. Their latest crackdown…
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BitMEX Rejects Guilty Plea in Money-Laundering Case as ‘Past Issues’
The Bold Path Forward for Cryptocurrency Platforms: A Lesson From Recent Events Recently, the cryptocurrency world received a sharp reminder about the importance of compliance and operational integrity. A well-known cryptocurrency exchange found itself under the magnifying glass of the U.S. Justice Department for failing to adhere to the Bank Secrecy Act (BSA) between the…