securities fraud

Ex-Congressman Collins Gets 26 Months for Insider Trading

Ex-Congressman Collins Gets 26 Months for Insider Trading

The sentence caps a bizarre political downfall for the first congressman to endorse Donald Trump for president. Collins went on to become the first sitting member of the U.S. House of Representatives

SEC Charges ICO Operator Who Used Alias After Past Conviction

The SEC has charged Blockchain Terminal founder Boaz Manor with securities fraud for a $30 million ICO conducted in 2017 and 2018.

SEC Warns Crypto Investors of Initial Exchange Offerings in New Note

The SEC warned investors that initial exchange offerings, while claiming to be different from initial coin offerings, may still violate federal securities law.
Ex-Congressman Should Get Almost Five Years in Prison, U.S. Says

Ex-Congressman Should Get Almost Five Years in Prison, U.S. Says

Former New York Republican congressman Christopher Collins should serve almost five years in federal prison after admitting to funneling confidential stock tips to his son, prosecutors said.
Russian national confesses to biggest bank hack in US history

Russian national confesses to biggest bank hack in US history

In all, defendant stole more than 100 million records, prosecutors say.

SEC Charges Token Sale Platform ICOBox With Securities Violations

The SEC has charged ICOBox and its founder with violating securities and registration requirements with its token sale and operations.

SEC Settles Charges With Crypto Token Issuers Accused of Fraud

The SEC settled charges with two individuals accused of selling unregistered securities with the Bitqy and BitqyM token sales.
The FBI thinks Long Island Iced Tea’s infamous pivot to blockchain was sweetened by insider trading

The FBI thinks Long Island Iced Tea’s infamous pivot to blockchain was sweetened by insider trading

It’s been two years since Long Blockchain Corp.’s eyebrow-raising pivot, and the FBI still has lots of questions.

Jeffrey Epstein Borrowed ‘Tainted Money’ From Deutsche Bank, Says Former Mentor

The origins of Jeffrey Epstein's financial empire remains a mystery, even to billionaires.
India-born former McKinsey chief says the jury that convicted him was “suspicious of immigrants”

India-born former McKinsey chief says the jury that convicted him was “suspicious of immigrants”

Gupta maintains his innocence well after his 2016 release following his two-year incarceration.
Elon Musk’s latest defense: Tesla says my tweets were kosher

Elon Musk’s latest defense: Tesla says my tweets were kosher

The SEC says Musk broke a settlement deal by tweeting without lawyers' approval.
Indicted For Securities Fraud? Get Your Wife To Legislate It Away!

Indicted For Securities Fraud? Get Your Wife To Legislate It Away!

Okay, here’s the background: Texas Attorney General Ken Paxton has been an indicted felon for 5 years now. He was indicted in 2015 for securities fraud. He has not gone to trial because he keeps
Elon Musk Mocks SEC on Twitter: ‘Shortseller Enrichment Commission’

Elon Musk Mocks SEC on Twitter: ‘Shortseller Enrichment Commission’

Right on cue, Tesla's stock drops 3% on Musk's latest controversial tweet.
SEC lawsuit seeks to force Musk out as Tesla CEO and board member

SEC lawsuit seeks to force Musk out as Tesla CEO and board member

Musk tweeted he had "funding secured" for a buyout. The SEC says that was false.
Report: Tesla facing criminal probe over “funding secured” tweet

Report: Tesla facing criminal probe over “funding secured” tweet

Musk tweeted he had "funding secured" for a buyout—but the proposal fell apart.
Short seller sues Tesla, Elon Musk, claiming buyout tweets were fraudulent

Short seller sues Tesla, Elon Musk, claiming buyout tweets were fraudulent

Expect more lawsuits if Musk can't prove he has funding lined up.

Crypto Stock Exchange Operator Pleads Guilty to Fraud

Jon Montroll, who ran the now-defunct bitcoin investment platform BitFunder, has pled guilty to securities fraud and obstruction of justice charges.
White-Collar Prosecutions Fall to 20-Year Low Under Trump

White-Collar Prosecutions Fall to 20-Year Low Under Trump

The number of white-collar prosecutions is on track to hit a 20-year low under President Donald Trump, after reaching a high in 2011 during the Barack Obama administration, according to a nonprofit
D.C. Consultant Found Guilty of Stealing Medicare Secrets

D.C. Consultant Found Guilty of Stealing Medicare Secrets

A Manhattan jury convicted a Washington consultant of stealing government secrets as part of a scheme to pass insider tips to hedge funds.
Michael Cohen's Fate Hinges on 32-Year-Old Corruption Fighter

Michael Cohen's Fate Hinges on 32-Year-Old Corruption Fighter

The high-wattage cases that go through the Manhattan U.S. attorney’s office have catapulted legal careers. Some lawyers have become household names after starting their careers there targeting drug