Co-Founder

May 5, 2024

BTC-e co-founder pleads guilty to laundering $9 billion in cryptocurrency

**BTC-e Co-founder Admits to Laundering Billions in Crypto**

Alexander Vinnik, the mastermind behind the infamous BTC-e exchange, has confessed to a staggering money laundering scheme involving over $9 billion in cryptocurrency. Arrested in Greece in 2017 and extradited to the US in 2020, Vinnik has now pleaded guilty to the charges.

Under the plea agreement, Vinnik faces a maximum of five years behind bars, a hefty fine of up to $10 million, and a restitution order of up to $100 million. However, the court’s approval is still pending

October 20, 2023

SEC’s XRP lawsuit dropped; Ripple co-founder seeks regulator accountability.

On April 19th, 2021, the U.S. Securities and Exchange Commission ‌(SEC)⁢ dropped its lawsuit against Ripple Labs ‌Inc. and ‌two of its executives, co-founder Chris Larsen and CEO Brad Garlinghouse.⁢ The SEC had ⁣alleged that […]

FTX accused of misappropriating customer funds since 2019.

October 7, 2023

FTX Hijacked Customer Funds As Early As 2019, Says Co-Founder

FTX co-founder Sam Bankman-Fried has admitted that the crypto exchange has been hijacking customer funds since as early as 2019. The incident has raised questions about the platform’s security of customer assets.

September 29, 2023

Zhu Su arrested in Singapore; 3AC Co-Founder faces charges.

Authorities in Singapore have reportedly apprehended Zhou Su, one of the three co-founders of 3AC, for undisclosed reasons. 3AC, a tech start-up, recently raised 25 million USD in funding from investors. Zhou Su is currently being detained by local police for further investigation.

August 16, 2023

Argent Co-Founder: “Starknet + Smart Wallets = Winning Combination!”

Argent Co-Founder, Itamar Lesuisse, recently stated that scaling smart wallets on Starknet, the Ethereum sidechain, was the winning combination that allowed the Argent wallet to grow rapidly. Lesuisse believes that this feat would not have been possible using Ethereum alone.

July 10, 2023

Legal proceedings start for Terraform Labs co-founder in South Korea: Report

Legal proceedings have reportedly begun in South Korea against the co-founder of Terraform Labs in an undisclosed case. This follows months of investigation into the matter, the result of which remains to be seen.