Crime & Justice

Nishad Singh, a co-founder of collapsed cryptocurrency exchange FTX, has pleaded guilty to US federal fraud and conspiracy charges. Singh, who was FTX's director of engineering, is the third member of Sam Bankman-Fried's inner circle to agree to cooperate with prosecutors in the case against him.

FTX co-creator Sam Bankman-Fried (aka SBF) is now dealing with four new charges over the collapse of his crypto exchange.

The FBI is dealing with another attack on its digital infrastructure, although the severity isn't yet clear. The law enforcement agency tellsCNN it has "contained" a recent cybersecurity incident on its network. The bureau isn't commenting on the perpetrator, scope or damage, but says it's gathering "additional information."

It's not just international police trying to hold Terraform Labs accountable for a collapse that took $40 billion from investors. The Securities and Exchange Commission has charged Terraform and its CEO Do Kwon with securities fraud for allegedly running a "multi-billion dollar" crypto asset scheme.

A former product manager at Coinbase has pleaded guilty to two counts of conspiracy to commit wire fraud in what's believed to be the first crypto-related insider trading case in the US. Ishan Wahi initially pleaded not guilty last year.

Dutch authorities arrested a hacker for obtaining and trying to sell the personal information of nearly every Austrian citizen in May 2020, according to Reuters. It includes almost nine million data sets, roughly lining up with Austria’s population.

The US Department of Justice has spent months infiltrating and disrupting the Hive ransomware group, the agency announced on Thursday. The DOJ says Hive has targeted over 1,500 victims in more than 80 countries, extorting hundreds of millions of dollars in ransom payments.