conviction

According to Reuters, the appeal request by former FTX CEO Sam Bankman-Fried to overturn his fraud conviction and 25-year prison sentence has been rejected. This result means that his previous fraud case conviction and sentence remain unchanged.

Coinbase CEO Brian Armstrong posted on the X platform that Coinbase is proud to collaborate with law enforcement to combat crime. Its investigation team identified an ongoing criminal activity and used blockchain forensics to track down the criminals, ultimately leading to 5 convictions.

Caixin reported that a private banking client was sentenced to immediate imprisonment for 6 months and fined HKD 500,000 for deliberately providing false information in CRS declarations, becoming the first case in Hong Kong to be criminally convicted for violating CRS rules.CRS 2 is a revision of the OECD's Common Reporting Standard and the term for the Crypto-Asset Reporting Framework (CARF), which will take effect on January 1, 2026. On March 27, 2026, the Hong Kong government published the "2026 Taxation (Amendment) (Automatic Exchange of Financial Account Information) Bill" in the gazette, which was submitted for its first reading in the Legislative Council on April 1 and is expected to be implemented starting January 1, 2027, marking Hong Kong's entry into the fast track for local legislation of CRS 2.CRS 2 explicitly includes cryptocurrencies in the mandatory reporting scope, along with stablecoins, crypto derivatives, certain NFTs, central bank digital currencies, and specific electronic money products. Crypto trading platforms, custodians, and related funds are required to fulfill KYC obligations and report information to tax authorities, systematically blocking the pathways for concealing wealth through crypto assets.

SBF (@SBF_FTX) posted on X that new evidence shows the Biden administration's Department of Justice has threatened multiple witnesses, forcing them to remain silent or change their testimonies.He is requesting to overturn the conviction and believes that Judge Lewis Kaplan has bias against the defendants, including himself, former FTX executive Ryan Salame, and President Trump, and that the rulings made under unfavorable circumstances have prevented a fair trial in this case.

The convicted former FTX CEO Sam Bankman-Fried (SBF) is seeking a retrial. According to reports, his mother recently filed a motion in a New York federal court, claiming that new evidence has emerged and that the related fraud charges should be re-examined. Currently, SBF is pursuing this motion pro se.Under legal procedures, he must demonstrate the existence of significant new evidence that could affect the original verdict in order to have a chance at a retrial. SBF was previously sentenced to 25 years in prison due to the FTX collapse and continues to challenge the verdict through appeals. His past defense has emphasized that FTX was not entirely insolvent at the time of its collapse, but appellate court judges have pointed out that the core of the case revolves around whether customer funds were misappropriated and whether investors were misled, rather than the company's solvency. Additionally, former President Trump has recently stated that he will not consider granting clemency to SBF.

The defense attorney for FTX founder SBF (Sam Bankman-Fried) plans to file a motion for reconsideration with the appellate court, claiming that media opinion, the prosecution, and U.S. District Judge Lewis Kaplan's hasty ruling led to his wrongful conviction. The defense is requesting a change of judge and a restart of the trial.The legal team stated that SBF had no subjective intent to defraud customers, as he always believed that user funds could be fully repaid, and accused Judge Kaplan of preventing him from presenting the key argument to the jury that "FTX had sufficient assets to repay users" during the trial. It is reported that, in addition to the appeal, SBF's parents have also sought a pardon from President Trump.

ChainCatcher news, Tornado Cash co-founder Roman Storm has requested a federal judge to dismiss the charges against him since his high-profile criminal trial.Storm's plea for acquittal comes exactly eight weeks after a jury found him guilty of conspiracy to operate an unregistered money transmission business. The charge carries a maximum sentence of five years in prison. However, the jury was unable to reach a consensus on the most serious charges—conspiracy to commit money laundering and evade sanctions. The cumulative maximum sentence for these two charges could reach 40 years, and the prosecution has yet to decide whether to retry Storm. Storm's attorney has requested the judge to acquit him on all three charges, arguing that the evidence presented during his three-week trial failed to prove Storm had criminal intent and that the case should not have been tried in New York.

ChainCatcher news, according to unfolded. Reuters reported that the U.S. Court of Appeals overturned the fraud conviction of former OpenSea product manager Nathaniel Chastain, a case that prosecutors called the first insider trading case involving digital assets.

ChainCatcher news, according to on-chain detective ZachXBT, Canadian Cameron Redman has been convicted and ordered to pay restitution for his investigation.In June 2022, Redman profited 250 ETH by selling access to the X platform dashboard, leading to the theft of over 10 well-known accounts (including JRNY, Beeple, Nouns, Zeneca, DeeKay, etc.) and millions of dollars in assets stolen through phishing scams.Redman was known for stealing $37 million in a SIM swap attack in 2020.

ChainCatcher message, trader Eugene Ng Ah Sio posted: "Currently, many token charts (excluding AI agents) show the following pattern: a pullback of 30-40% from the highs; a good consolidation, finding support on the 1-day trend line; and starting to move upward again.Find these projects that can continue to rise with fundamental catalysts or improvements, and hold them with strong conviction."

ChainCatcher message, according to recent court documents, the government believes that Sam Bankman-Fried's claims are baseless, asserting that the jury's verdict and trial outcome are reasonable.SBF had filed a request in September with the Second Circuit Court of Appeals to overturn his conviction. He argued that Judge Lewis Kaplan's judicial bias and procedural errors undermined his trial. Bankman-Fried stated that the judge's decisions limited key defense arguments and restricted evidence regarding his investments. He also suggested that FTX's financial issues were exaggerated, implying that customers could still recover their funds.The government dismissed these arguments, pointing out that SBF's appeal failed to demonstrate any errors or biases in the original trial. The government also supported the denial of SBF's request to compel third-party debtors to provide specific documents, stating that the court's actions were correct since those documents were not in the court's possession.

ChainCatcher news, according to Jinshi reports, Manhattan District Attorney Alvin Bragg has rejected the request from elected President Trump to dismiss his criminal conviction in the "hush money" case following his victory in the presidential election. Alvin Bragg suggested freezing the case during Trump's presidency.In a letter to the judge handling the "hush money" case, Alvin Bragg emphasized that the jury had previously found Trump guilty on 34 felony charges in this case. However, considering the unprecedented nature of the case, namely that Trump could become the first U.S. president to face felony charges, Alvin Bragg proposed the possibility of freezing the case during Trump's four-year term, so that Trump would not be sentenced for his crimes before leaving office.

ChainCatcher news, according to CoinDesk, the United Nations Office on Drugs and Crime has called on Southeast Asian countries to classify unlicensed currency service businesses or virtual asset service providers (VASP) as criminal offenses. The agency stated in a report released on Monday that some VASPs (including those linked to known criminals) are facilitating transactions for fraud organizations and high-risk gambling websites.The report mentioned that an unnamed entity conducted "at least hundreds of millions of dollars" in transactions with criminal organizations. This includes groups associated with or directly involved in large-scale drug trafficking, human trafficking, cybercrime, and child sexual abuse materials, as well as entities sanctioned by the U.S. Office of Foreign Assets Control (OFAC) and wallets linked to North Korea's Lazarus Group.Masood Karimi-Pour, the regional representative of the Office on Drugs and Crime, stated in a declaration: "Governments need to recognize more than ever the seriousness, scale, and impact of this genuine global threat, and prioritize solutions to address the rapidly evolving criminal ecosystem in the region."

ChainCatcher news, according to Decrypt, John Bigatton, a promoter of the Bitcoin trading platform BitConnect, has been convicted by the Sydney District Court for providing unauthorized financial advice.From August 2017 to January 2018, Bigatton promoted BitConnect through seminars and social media, offering financial advice without proper authorization. According to court records and a statement from the country's corporate regulator on Sunday, John Bigatton was sentenced on Friday to three years of good behavior recognition and was disqualified from managing companies for five years.These lawsuits are now being overseen by the Australian Federal Police under the Proceeds of Crime Act, while the New South Wales Supreme Court proceedings are still ongoing.It is reported that Bigatton was previously banned by ASIC from providing financial services for seven years in 2020. In May of this year, he pleaded guilty to providing unlicensed financial advice.

ChainCatcher news, according to Digital Asset, the South Korean Supreme Court upheld the verdict against two former Coinone executives who accepted bribes for listing certain cryptocurrencies on the exchange.On June 13, the court dismissed an appeal from one former executive who was sentenced to receive approximately 1.9 billion won (1.38 million USD) in bribes for listing certain virtual assets on Coinone. The executive will serve four years in prison and must forfeit the 1.9 billion won in bribe money received. Similarly, the court rejected the appeal of another former manager responsible for listings at Coinone. This individual was sentenced to receive 800 million won in bribes and was sentenced to three and a half years in prison. The manager must also return the 800 million won obtained through bribery.

ChainCatcher news, according to Watcher.Guru, Donald Trump's presidential campaign team stated that they have raised $34.8 million in small dollar donations since Trump's conviction.Previous news, Trump was found guilty on all 34 felony charges.

ChainCatcher news, the UK Home Office stated in a press release that new powers to help law enforcement agencies seize cryptocurrency used for crime came into effect on Friday. The Home Office announced that under these new regulations, police in the country will no longer need to make an arrest before seizing cryptocurrency holdings, making it easier to confiscate assets known to be obtained through criminal means, even if sophisticated criminals can protect their anonymity or are located overseas.The new regulations were introduced following the passage of the Crime Bill by the UK Parliament last year, which laid the groundwork for faster seizure of cryptocurrency.

ChainCatcher news, according to CNBC, FTX founder SBF's lawyer has filed a notice of appeal against SBF's federal fraud and conspiracy charges as well as the 25-year prison sentence.It is reported that SBF's appeal was filed two weeks after he was sentenced in the U.S. District Court in Manhattan, where he was ordered to pay a $11 billion fine for large-scale fraud involving the cryptocurrency exchange FTX and the related hedge fund Alameda Research. Prosecutors stated that this is one of the largest financial frauds in history.Additionally, the appeal is expected to be heard by a panel of three judges from the U.S. Court of Appeals for the Second Circuit in Manhattan.

ChainCatcher news, according to the sentencing memorandum of FTX founder SBF, SBF proposed a sentencing range of 63 to 78 months for the fraud conviction of FTX.