3 min read

News

Sam Bankman-Fried’s Candid Confessions: A Study of Apology and Accountability

April 13, 2022

Explore Sam Bankman-Fried’s candid confessions and apologies at the DealBook Summit. What this means for accountability in the crypto world.

Tagged Alameda Research, Andrew Sorkin, apologies, blockchain security, blockchain transparency, corporate governance, crypto community, cryptocurrency, DealBook Summit, financial accountability, financial responsibility, FTX, interviews, legal consequences, public relations, Sam Bankman-Fried

Leave a Comment

2 min read

News

Randall Crater Sentenced: A Cautionary Tale in Cryptocurrency Fraud

March 3, 2022

ilago

0 comments

Randall Crater, founder of My Big Coin, sentenced to 100 months for orchestrating a $7.6 million cryptocurrency fraud.

Tagged Anti Money Laundering, Class Dojo, crypto investing, cryptocurrency fraud, FBI, financial crime, fraud victims, investment scams, legal consequences, My Big Coin, Randall Crater, U.S. Attorney, wire fraud

Leave a Comment

2 min read

News

Tom Brady and Stephen Curry Under Fire: Celebrity Endorsements in the FTX Fallout

January 2, 2022

ilago

0 comments

Tom Brady and Stephen Curry face scrutiny over FTX endorsements as Texas regulators probe celebrity involvement in the crypto exchange’s collapse.

Tagged celebrity endorsements, class action lawsuit, Coinbase, conflict of interest, cryptocurrency, digital assets, financial regulations, FTX, influencer marketing, investment risks, Kim Kardashian, legal consequences, Stephen Curry, Texas State Securities Board, Tom Brady

Leave a Comment

3 min read

News

Eight-Year Sentence for Sohrab Sharma: A Cautionary Tale from the Crypto Crash

March 5, 2021

ilago

0 comments

Sohrab Sharma of Centra Tech sentenced to 8 years for defrauding investors. A tale of deception, celebrities, and the consequences of crypto schemes.

Tagged Centra Tech, cryptocurrency fraud, cryptocurrency regulation, DJ Khaled, financial crime, Floyd Mayweather, ICO scam, investor protection, justice system, legal consequences, Sohrab Sharma

Leave a Comment

3 min read

News

Coinbit Scandal: The Dramatic Fall of a South Korean Crypto Giant

December 9, 2020

ilago

0 comments

Executives from Coinbit face charges of market manipulation amid a scandal involving $84 million in fraud. Learn about the allegations and consequences.

Tagged #bitcoinnews, #blockchain, 2017 Cryptocurrency Market, 2023 financial crime, account fraud, Choi Mo, Coinbit, crypto exchange regulations, crypto investments, crypto market manipulation, ghost accounts, legal consequences, Seoul Metropolitan Police Agency, South Korea, wash trading

Leave a Comment

2 min read

News

Johor Authorities Crack Down on Illegal Crypto Mining Operations Stealing Electricity

September 1, 2020

ilago

0 comments

Johor officials uncover illegal crypto mining operations stealing $600,000 in electricity, risking hefty fines and prison time for offenders.

Tagged #bitcoinnews, advertising fines, Bank Negara Malaysia, crypto mining, cyber law enforcement, electricity theft, energy commission, global crypto operations, illegal wiring, Iskandar Puteri, jail time, Johor, legal consequences, power utility, TNB

Leave a Comment

3 min read

News

Cryptocurrency Scandal: Sohrab Sharma Set to Plead Guilty in Centra Tech ICO Fraud

July 14, 2020

ilago

0 comments

Sohrab Sharma, co-founder of Centra Tech, plans to plead guilty amid ongoing fraud charges from the $25M ICO scandal. What’s next for the involved celebrities?