Prosecutors

FP StaffDec 09, 2022 15:26:27 ISTFederal prosecutors in the United States will be investigating whether FTX’s founder Sam Bankman-Fried had any role in manipulating the market for two cryptocurrencies back in May that led to their collapse and resulted in the implosion of his own cryptocurrency exchange, as per a New York Times report.  FTX, which was valued at $32 billion at its peak, filed for bankruptcy protection last month after the collapse of an acquisition deal involving rival exchange Binance prompted billions in…

Prosecutors are requesting that video cameras be banned from the courtroom in the upcoming YSL RICO trial.AllHipHop reports Fulton Country District Attorney Fani Willis Willis has filed a motion to prohibit video recordings in the courtroom in order to “protect the integrity of the trial process.” “Several witnesses have expressed safety concerns to the State and they are concerned about the safety of themselves and their families should they choose to testify,” Willis said. “The State is concerned that video recordings…

US federal prosecutors could be building a fraud case against FTX founder and former CEO Sam Bankman-Fried. reports Justice Department officials met with the crypto exchange’s bankruptcy team this week to discuss documents investigators aim to obtain from the company. The meeting included prosecutors from the Southern District of New York, Assistant US Attorney Roos, agents from the Federal Bureau of Investigation, and lawyers from FTX. Roos, notably, was involved in the prosecution of , who was convicted of misleading…

Hometown Deli, Paulsboro, N.J.Mike Calia | CNBCFederal prosecutors in New Jersey want the Securities and Exchange Commission to postpone its civil case against the alleged masterminds behind a $100 million fraud scheme involving a small-town deli so it won't get in the way of their ongoing criminal case. Prosecutors for the District of New Jersey filed a motion on Wednesday saying the SEC's case "substantially" overlaps with their ongoing criminal case and the civil matter should be postponed until the litigation,…

BALTIMORE —  The chief financial officer of Tom Girardi’s law firm embezzled at least $10 million from firm bank accounts and used stolen funds to renovate his Los Angeles home, purchase a Caribbean mansion and shower an escort with gifts, including a $120,000 purse, a federal prosecutor said in court Thursday.Government lawyers disclosed allegations against former Girardi Keese CFO Christopher Kamon at a detention hearing in U.S. District Court in Maryland. The 49-year-old was arrested on a wire fraud charge filed by…

Prosecutors say David DePape, who was charged with attempted murder and other crimes in connection with a violent attack against Paul Pelosi, was on a suicide mission and had other targets in mind when he broke into the Pelosis’ San Francisco home last week.DePape, 42, appeared briefly in court Tuesday afternoon and pleaded not guilty to a host of charges in connection with Friday’s hammer attack on Pelosi. Federal authorities said DePape had plotted to take Pelosi’s wife, House Speaker Nancy Pelosi, hostage and break her…

After 23 years in prison, Adnan Syed is a free man. Baltimore prosecutors on Tuesday announced they were dropping charges against the 41-year-old and subject of the hit podcast Serial, reports The New York Times. Prior to his release in September, Syed had been serving a life sentence for the 1999 murder of his former girlfriend Hae Min Lee. The decision comes after a judge last month overturned Syed’s prison sentence on the recommendation of prosecutors, who said the state was no longer confident of the conviction. At…

Credit: CC0 Public Domain Prosecutors exert considerable power in the criminal justice system, and while defendants are predominantly Black and Latinx, prosecutors are overwhelmingly White. Despite calls for addressing racial disparities in this field, we know little about whether recruiting minority prosecutors would yield more equitable outcomes for defendants.…

Gunna, who was initially arrested in May in connection with the larger YSL indictment, has filed another bond motion.In court documents dated Sept. 26 and viewed by Complex, Gunna’s legal team argued the reasoning behind “yet another hearing on bond” was simple. In short, not only was the “only serious overt act” dropped last month, but Georgia prosecutors have also failed to show evidence in support of its argument that Gunna should remain behind bars.“The State has presented no evidence to support its claims of…

The New Mexico State district attorney could file criminal charges against four people, including actor Alec Baldwin, for the fatal shooting on the movie set of “Rust.”In a recent letter to the state’s finance board, Santa Fe Dist. Atty. Mary Carmack-Altwies said as many as four people could face criminal charges in connection with the accident last year that claimed the life of cinematographer Halyna Hutchins and injured director Joel Souza.The letter, first reported by the Santa Fe New Mexican, indicated that her…