cryptocurrency
Alexander Mashinsky has been charged with securities, commodities and wire fraud.
The pop star reportedly passed on a $100 million deal with the failed crypto company.
The SEC also accused Lil Yachty, Ne-Yo, Kendra Lust, Soulja Boy, Austin Mahone and Akon of promoting cryptocurrencies without disclosing they were paid for it.
The Biden administration has soured on crypto after several high-profile industry failures.
WHAT'S HAPPENING
WHAT'S HAPPENING
Prosecutors say Anatoly Legkodymov’s cryptocurrency exchange, Bitzlato, was “a safe haven for criminals.”
The cryptocurrency entrepreneur is accused of defrauding investors and looting customer deposits on his trading platform.
Two associates of Sam Bankman-Fried pleaded guilty to charges including wire fraud, securities fraud and commodities fraud in return for leniency at sentencing.
The former president said in 2021 that he "was never a big fan" of the blockchain-based tech. What a difference a year makes.
The "Late Night" host thinks there's a major hole in the theory.
The U.S. Securities and Exchange Commission has charged the former CEO of failed cryptocurrency firm FTX with orchestrating a scheme to defraud investors.