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FTX Recovery Trust Sues Bitcoin Miner Genesis Digital Assets for $1.15 Billion
Yahoo Finance· 2025-09-23 21:24
The FTX Recovery Trust is suing Bitcoin mining company Genesis Digital Assets and its co-founders in an attempt to retrieve $1.15 billion it claims was mismanaged by disgraced ex-FTX CEO Sam Bankman-Fried.  In a lawsuit filed Monday, the collapsed crypto exchange's new management said that the Bankman-Fried bought shares of the Bitcoin miner with commingled customer funds at "outrageously inflated prices." The FTX exchange  collapsed in November 2022 due to Bankman-Fried's criminal mismanagement of the co ...
X @Decrypt
Decrypt· 2025-09-01 09:48
Former Cred Execs Sentenced to Federal Prison For $150M Crypto Fraud► https://t.co/P4GyqnLQtz https://t.co/P4GyqnLQtz ...
X @Cointelegraph
Cointelegraph· 2025-08-18 21:45
🚨 ALERT: FBI logged $5.8B in crypto fraud losses for 2024, but experts say the real figure is more than double since most cases go unreported. https://t.co/HYxn3dDbhH ...
X @Decrypt
Decrypt· 2025-08-06 04:53
India Freezes Assets Linked to Man Jailed in US Over $20M Crypto Fraud► https://t.co/GPTra6uOJk https://t.co/GPTra6uOJk ...
Beware of Scams: A Shocking Crypto Fraud Case
Digital Asset News· 2025-07-24 02:19
Listen to this trash. The pastor claimed that God told him to shill index coin which caused financial losses to 300 investors. That's not what happened.He didn't just shill it. He had a coin. I think he was part of it or he's part of the creation.He told people to buy it and he essentially didn't do anything with it and just took their money. They spent at least $1.3% million on personal expenditures, including a home renovation, that they claimed the Lord told them to do, while only a small amount of the p ...