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Tag: Securities Fraud

New York mayor charged in corruption case

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New York mayor charged in corruption case

A federal indictment against New York Mayor Eric Adams for a decade-long campaign donation scheme, bribery and other crimes was filed Thursday morning, just hours after the FBI raided his Gracie Mansion residence and seized his phone. The 57-page indictment accuses Adams of five felony counts related to soliciting illegal donations for his 2021 mayoral […]

Bankman-Fried accomplice Caroline Ellison convicted of FTX fraud

Posted on | Posted on angela | Leave a Comment on Bankman-Fried accomplice Caroline Ellison convicted of FTX fraud
Bankman-Fried accomplice Caroline Ellison convicted of FTX fraud

Caroline Ellison, the key witness in the trial of her ex-boyfriend, FTX founder Sam Bankman-Fried, was sentenced by a New York federal court on Tuesday to two years in prison and an $11 billion fine for her role in the massive fraud and conspiracy that brought down the once $32 billion cryptocurrency exchange. The prison […]