Penthouse to prison: Sam Bankman-Fried's journey from crypto king to convicted conman
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Watch Daily: Monday - Friday, 3 PM ET
Watch Daily: Monday - Friday, 3 PM ET
SEATTLE (Reuters) -- Changpeng Zhao, the former chief executive of Binance, was sentenced on Tuesday to four months in prison after pleading guilty to violating U.S. money-laundering laws at the world's largest cryptocurrency exchange.
BOSTON (AP) — A former Berklee College of Music student from China was sentenced Wednesday to nine months in prison for stalking and threatening a person who posted a flyer in support of democracy in the Asian country, authorities said.
A U.S. judge ordered British billionaire Joe Lewis on Thursday to pay a $5 million fine and serve three years of probation for sharing illegal stock tips, allowing an investment firm's 87-year-old founder to avoid prison after prosecutors and his attorneys urged leniency.
NEW YORK (Reuters) -- The U.S. Justice Department's long-running criminal case accusing China's Huawei Technologies of misleading banks about the tech company's business in Iran, among other charges, is heading toward a January 2026 trial.
NEW YORK (Reuters) -- Sam Bankman-Fried was sentenced to 25 years in prison by a judge on Thursday for stealing $8 billion from customers of the now-bankrupt FTX cryptocurrency exchange he founded, the last step in the former billionaire wunderkind's dramatic downfall.
Apple has reached a $490 million settlement to resolve a class-action lawsuit that alleged Chief Executive Tim Cook defrauded shareholders by concealing falling demand for iPhones in China.