US prosecutors

UK court

2026-08-26 17:45:25

UK court rejects Saitama CEO extradition appeal, clears transfer to US

A UK High Court judge has rejected an extradition appeal filed by the chief executive of crypto project Saitama, clearing the way for the executive to be transferred to the United States for trial. Judge Samuel Goozee issued the ruling on Aug. 19, according to the report cited by Techub. US prosecutors accuse the executive of wire fraud and market manipulation in a case involving about $20 million. The defendant is currently out on £200,000 bail and can still pursue further appeals. Saitama had promoted its token on the Ethereum blockchain and at one point reached a market capitalization of $7.5 billion. Prosecutors said the CEO and more than ten associates falsely claimed they held and were buying the token while privately selling it for profit. The case is also described as the FBI’s first investigation carried out through the creation of a digital token. Earlier this month, a federal court in Boston rejected the executive’s motion to dismiss claims arguing that the token was not a security. The original report cited by Techub was from Channel NewsAsia.

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CFTC

2026-08-21 19:19:27

CFTC bars former Alameda and FTX executives from trading for five years as US prosecutors oppose Polymarket soldier's dismissal bid

A New York federal court entered consent orders tied to a 2022 CFTC enforcement action against former Alameda Research CEO Caroline Ellison and FTX co-founder Zixiao “Gary” Wang. The orders impose five-year trading bans on both executives, along with a 10-year registration ban for Ellison and an eight-year registration ban for Wang. CFTC enforcement director David Miller said the orders reflect their “material assistance” in the agency’s FTX-related investigations. In a separate case, US prosecutors in the Southern District of New York filed opposition to Gannon Ken Van Dyke’s motion to dismiss. Van Dyke, a US soldier, is accused of using nonpublic information and Polymarket event contracts to make more than $400,000, and the government said the motion relies on hypotheticals and speculation that are not needed at this stage of the case.

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Bitcoin

2026-08-05 11:13:51

Three Missouri Men Charged in Bitcoin Robbery Conspiracy, Face Up to 20 Years

Connecticut prosecutors have charged three Missouri men in an alleged conspiracy to rob bitcoin. The men are accused of surveilling a target and the target's parents in August 2024, then planning a home-invasion robbery intended to force the victim to transfer cryptocurrency. According to prosecutors, the charge carries a maximum penalty of 20 years in prison. Investigators said the group rented a vehicle and brought an air rifle to the scene, but abandoned the plan after worrying that surveillance cameras had recorded them. The case is connected to a kidnapping carried out by a Florida-based group. Two coordinators who have pleaded guilty are scheduled to be sentenced in August. The three newly charged defendants have all pleaded not guilty, and two of them remain in custody. crypto.news reported the charges, and the prosecutors' office said the alleged plot targeted the victim's digital assets.

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SBF

2026-07-24 10:25:16

US Prosecutors Push Back on SBF Retrial Bid, Say Former FTX Executives Offer No New Evidence

US prosecutors asked the court to reject Sam Bankman-Fried’s retrial motion, arguing statements from two former FTX executives are not newly discovered evidence and would not have changed the verdict.

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