DoJ

Former Apple Buyer Sentenced to Prison for $17 Million Fraud
Former Apple Buyer Sentenced to Prison for $17 Million Fraud
April 28, 2023  |  Security & Fraud

A former Apple buyer has been sentenced to three years in prison for defrauding the company of $17 million. Dhirendra Prasad of Mountain House, California, who was...

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Former MoviePass Executive Charged with Wire Fraud and Money Laundering
Former MoviePass Executive Charged with Wire Fraud and Money Laundering
February 24, 2023  |  Security & Fraud

A former executive at MoviePass was charged with wire fraud and money laundering for allegedly taking money to pay for a party at Coachella. Khalid...

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Justice Department Steps Up Apple Antitrust Probe
Justice Department Steps Up Apple Antitrust Probe
February 15, 2023  |  ANTITRUST

A federal investigation targeting Apple is reportedly escalating amid a wave of corporate antitrust actions. While the U.S. Justice Department probe into the iPhone maker is a...

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Visa Cooperates With DOJ Antitrust Probe Into Debit Card Practices
Visa Cooperates With DOJ Antitrust Probe Into Debit Card Practices
January 29, 2023  |  Regulation

The U.S. Justice Department is continuing its investigation into Visa’s debit card practices. The payments giant is cooperating with the probe, which is “seeking additional documents...

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Crypto Noise Puts Further Focus on Binance’s Operations
Crypto Noise Puts Further Focus on Binance’s Operations
January 25, 2023  |  Cryptocurrency

Regulatory scrutiny post-FTX’s dramatic implosion has prompted a crisis of confidence in other industry actors. Perhaps no other firm has bee affected more so than...

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Report: News Startup Semafor Looks to Buy Out Bankman-Fried
Report: News Startup Semafor Looks to Buy Out Bankman-Fried
January 18, 2023  |  Startups

Media startup Semafor is reportedly seeking to buy out investor Sam Bankman-Fried. The effort, reported Wednesday (Jan. 18) by the New York Times, adds Semafor to a...

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Report: DOJ Investigating Saber Stablecoin Exchange Founders
Report: DOJ Investigating Saber Stablecoin Exchange Founders
January 12, 2023  |  Cryptocurrency

The Department of Justice is reportedly investigating the founders of Solana stablecoin exchange Saber Labs. The investigation targets brothers Ian and Dylan Macalinao, CoinDesk reported Wednesday (Jan....

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US Prosecutors Investigate Another Member of FTX Inner Circle 
US Prosecutors Investigate Another Member of FTX Inner Circle 
January 06, 2023  |  Cryptocurrency

U.S. prosecutors are reportedly investigating a third member of Sam Bankman-Fried’s inner circle.  Prosecutors are investigating bankrupt cryptocurrency exchange FTX’s former engineering director, Nishad Singh,...

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Bankman-Fried Says He Needs Robinhood Shares to Pay Legal Bills
Bankman-Fried Says He Needs Robinhood Shares to Pay Legal Bills
January 06, 2023  |  Cryptocurrency

Former FTX CEO Sam Bankman-Fried wants Robinhood stock seized by the U.S. returned to him, claiming the shares are his property.   In a Thursday (Jan. 5) U.S....

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