itnewsbot, 5 months ago to Software

No Oversight: Inside a Boom-Time Start-Up Fraud and Its Unraveling - False claims and risky trades at the Silicon Valley start-up HeadSpin were part of a patt... - https://www.nytimes.com/2023/12/22/technology/headspin-silicon-valley-startups.html #securitiesandcommoditiesviolations #hkftxtradingltd(futuresexchange) #accountingandaccountants #computersandtheinternet #fraudsandswindling #venturecapital #stocksandbonds #manishlachwani #headspininc #theranosinc #start-ups #software #iconiq

itnewsbot, 5 months ago to food

N.J. Deli Scheme Leads to Guilty Plea to Securities Fraud - James T. Patten admitted to orchestrating misleading trades involving the deli’s parent c... - https://www.nytimes.com/2023/12/20/technology/new-jersey-deli-securities-fraud.html #securitiesandcommoditiesviolations #yourhometowndeli(paulsboronj) #fraudsandswindling #districtattorneys #stocksandbonds #food

itnewsbot, 5 months ago to random

E.V. Start-up Founder Could Get Prison Term in Fraud Case - Trevor Milton, who founded the truck company Nikola, will be sentenced on Monday in a fra... - https://www.nytimes.com/2023/12/18/business/ev-startups-trevor-milton-nikola.html #securitiesandcommoditiesviolations #electricandhybridvehicles #decisionsandverdicts #miltontrevor(1981-) #lordstownmotorscorp #fraudsandswindling #hindenburgresearch #trucksandtrucking #faraday&futureinc #fiskerautomotive #entrepreneurship #stocksandbonds

itnewsbot, 7 months ago to random

Federal Investigators Widen Tesla Inquiry, Company Says - The Department of Justice has sought documents related to vehicle range and “personal ben... - https://www.nytimes.com/2023/10/23/business/tesla-justice-department-investigations.html #driverlessandsemiautonomousvehicles #securitiesandcommoditiesviolations #securitiesandexchangecommission #ethicsandofficialmisconduct #electricandhybridvehicles #trafficaccidentsandsafety #justicedepartment #companyreports #stocksandbonds

itnewsbot, 7 months ago to random

New York Attorney General Sues Crypto Firms in $1 Billion Fraud Case - Letitia James has accused Gemini Trust, Genesis Global Capital and Digital Currency Group... - https://www.nytimes.com/2023/10/19/business/cryptocurrency-lawsuit-new-york-winklevoss.html #securitiesandcommoditiesviolations #suitsandlitigation(civil) #digitalcurrencygroupinc #genesisglobalcapital #fraudsandswindling #winklevosscameron #bankman-friedsam #virtualcurrency #winklevosstyler

itnewsbot, 7 months ago to internet

S.E.C. Sues Elon Musk to Compel Him to Testify on Twitter Purchase - The agency said Mr. Musk was subpoenaed to testify last month about his purchases of Twit... - https://www.nytimes.com/2023/10/05/technology/sec-elon-musk-twitter.html #mergersacquisitionsanddivestitures #securitiesandcommoditiesviolations #securitiesandexchangecommission #computersandtheinternet #advertisingandmarketing #corporations #socialmedia #muskelon #twitter

itnewsbot, 7 months ago to random

What to Know About Sam Bankman-Fried’s Fraud Trial - Mr. Bankman-Fried is accused of orchestrating a vast scheme to siphon billions of dollars... - https://www.nytimes.com/2023/10/03/business/sam-bankman-fried-trial-ftx.html #securitiesandcommoditiesviolations #hkftxtradingltd(futuresexchange) #accountingandaccountants #ellisoncaroline(1994-) #alamedaresearchllc #bankman-friedsam #virtualcurrency #moneylaundering #bankruptcies

itnewsbot, 8 months ago to random

Fourth Top FTX Executive to Plead Guilty Ahead of Sam Bankman-Fried Trial - Ryan Salame, a former FTX executive, is set to plead guilty to charges linked to the swee... - https://www.nytimes.com/2023/09/07/technology/ftx-guilty-plea.html #securitiesandcommoditiesviolations #hkftxtradingltd(futuresexchange) #computersandtheinternet #lobbyingandlobbyists #alamedaresearchllc #bankman-friedsam #campaignfinance #virtualcurrency #salameryan

itnewsbot, 9 months ago to random

Campaign Finance Charge Against Sam Bankman-Fried Is Dropped - The removal of the campaign finance charge is a victory for Mr. Bankman-Fried’s legal tea... - https://www.nytimes.com/2023/07/27/business/sam-bankman-fried-campaign-finance-charge.html #securitiesandcommoditiesviolations #hkftxtradingltd(futuresexchange) #unitedstatesattorneys #bankman-friedsam #campaignfinance #virtualcurrency #extradition

itnewsbot, 10 months ago to random

Founder of Bankrupt Crypto Firm Celsius Arrested on Fraud Charges - Alex Mashinsky was arrested at his home in New York on Thursday morning. He and his forme... - https://www.nytimes.com/2023/07/13/business/celsius-cryptocurrency-founder-arrested.html #regulationandderegulationofindustry #securitiesandcommoditiesviolations #commodityfuturestradingcommission #securitiesandexchangecommission #suitsandlitigation(civil) #federaltradecommission #celsiusnetworkllc #virtualcurrency

itnewsbot, 10 months ago to random

F.B.I. Searched the Home of Kraken’s Jesse Powell - Federal agents were investigating Jesse Powell, the founder of the crypto exchange Kraken... - https://www.nytimes.com/2023/07/06/technology/jesse-powell-kraken-crypto-fbi.html #u.s.attorneysofficeforthenortherndistrictofcalifornia #powelljesse(cryptocurrencyexecutive) #securitiesandcommoditiesviolations #securitiesandexchangecommission #federalbureauofinvestigation #computersandtheinternet #cyberattacksandhackers #nonprofitorganizations

itnewsbot, 11 months ago to random

SEC Accuses Binance of Mishandling Funds and Lying to Regulators - The S.E.C. said the world’s largest cryptocurrency exchange mixed billions of dollars in ... - https://www.nytimes.com/2023/06/05/business/sec-binance-charges.html #regulationandderegulationofindustry #securitiesandcommoditiesviolations #securitiesandexchangecommission #fraudsandswindling #virtualcurrency #zhaochangpeng #meritpeakltd #binance

itnewsbot, 1 year ago to random

Sam Bankman-Fried, in First Detailed Defense, Seeks to Dismiss Charges - The FTX founder, who has been charged with fraud, said the crypto exchange and its law fi... - https://www.nytimes.com/2023/05/08/technology/sam-bankman-fried-defense.html #securitiesandcommoditiesviolations #hkftxtradingltd(futuresexchange) #computersandtheinternet #conflictsofinterest #fraudsandswindling #lawandlegislation #sullivan&cromwell #bankman-friedsam #virtualcurrency #bankruptcies

itnewsbot, 1 year ago to random

Elizabeth Holmes Opens Up About Her Theranos Trial and What Comes Next - The black turtlenecks are gone. So is the voice. As the convicted Theranos founder awaits... - https://www.nytimes.com/2023/05/07/business/elizabeth-holmes-theranos-interview.html #securitiesandcommoditiesviolations #contenttype:personalprofile #suitsandlitigation(civil) #holmeselizabeth(1984-) #fraudsandswindling #evanswilliambilly #entrepreneurship #balwaniramesh #womenandgirls #theranosinc

itnewsbot, 1 year ago to random

F.B.I. Searches Home of Top FTX Executive - Ryan Salame, a former top FTX executive and a prolific Republican donor, faces mounting l... - https://www.nytimes.com/2023/04/27/technology/ftx-ryan-salame-sam-bankman-fried.html #securitiesandcommoditiesviolations #hkftxtradingltd(futuresexchange) #executivecompensation #alamedaresearchllc #fraudsandswindling #bankman-friedsam #campaignfinance #bahamaislands #salameryan

itnewsbot, 1 year ago to random

The Crypto Detectives Are Cleaning Up - Early adopters thought cryptocurrencies would be free from prying eyes. But tracking the ... - https://www.nytimes.com/2023/04/22/business/crypto-blockchain-tracking-chainalysis.html #securitiesandcommoditiesviolations #governmentcontractsandprocurement #commodityfuturestradingcommission #hkftxtradingltd(futuresexchange) #levinjonathan(techexecutive) #suitsandlitigation(civil) #computersandtheinternet #blockchain(technology) #fraudsandswindling