But will customers who lost billion of dollars in deposits get their money back?

Aren't we glad we have 3 branches of government now? Separation of power ftw!

Money Laundering and Crypto Scams are a match made in hell.

Securities Fraud are the most common criminal charge for crypto scam.

Commodities fraud refer to possible price manipulation of digital assets.

As John Ray said, it's just plain old embezzlement, and not the sophisticated type.

The defendant, willfully and knowingly did combine, conspire, confederate, and agree together and with each other to commit wire fraud.

SEC v. Ellison and Wang is part of HackerNoon’s Legalpdf Series. This is part 2 of 11- VIOLATIONS.

SEC v. Ellison and Wang is part of HackerNoon’s Legalpdf Series. This is the table of links.

SEC v. Ellison and Wang is part of HackerNoon’s Legalpdf Series. This is part 5 of 12- Defendants.

SEC v. Ellison and Wang is part of HackerNoon’s Legalpdf Series. This is part 3 of 12- Nature of the Proceeding and Relief sought.

Alameda was allowed to have negative balance, limitless line of credit, 0 interest loans, and its USD 8 billion liability hidden via a FTX's internal account.

Daniel Roberts | The Biggest Crypto Rivalry Just Blew Up – But Don't Let It Scare You

Sam Bankman-Fried, Elizabeth Holmes, and Charlie Javice share a few things in common. They all seem to have committed fraud; tho a court of law convicted only Homes at the time of writing. The three are also Forbes ’30 Under 30′ Alumni.

The stock and cryptocurrency markets are far more interconnected than you might think. 

It’s not that we don’t have a need for kings; we have a need to not have one at all!

Cryptocurrency mogul faces trial; accusations of witness tampering and fraud surface.

The Government may only prosecute Mr. Bankman-Fried for Counts 9, 10 and 13 if it follows the procedure for obtaining the Bahamas’s consent.

The approach SBF’s legal team are taking toward sentence mitigation makes one thing clear: the former FTX CEO has not yet accepted what he did was wrong.

The path forward after FTX will likely be marked by greater regulation, increased transparency, and more cautious investment strategies.