Man Accused of Draining Nearly $100,000,000 From California Bank in Scheme ‘Designed to Deceive at Every Turn’

A former retail banker at TD Bank has admitted to accepting bribes and taking advantage of his position to help launder drug money. The US Justice Department says that from June to November 2023, Leonardo Ayala received more than $6,000 in bribes to open fraudulent accounts, issue over 150 debit cards to shell companies and […] The post Bank Insider Accepts Bribes, Opens Fake Accounts To Launder $5,500,000 in Drug Proceeds: DOJ appeared first on The Daily Hodl.

A Wells Fargo employee abused his inside position to steal hundreds of thousands of dollars from the bank, according to the U.S. Department of Justice. The United States Attorney’s Office for the Northern District of California says Tamim Haidar drained more than $800,000 from the bank while working as an assistant branch manager at the […] The post Wells Fargo Insider Steals $800,000 From Bank, Fabricates Records To Hide the Theft: DOJ appeared first on The Daily Hodl.

Convicted FTX founder Sam Bankman-Fried has officially submitted a formal request for a presidential pardon from President Donald Trump, according to records listed on the U.S. Department of Justice Office of the Pardon Attorney website. DOJ records indicate the request for “pardon after completion of sentence” was submitted in 2026 and is currently pending. The […] The post Imprisoned FTX Mastermind Sam Bankman-Fried Officially Files for Presidential Pardon appeared first on The Daily Hodl.

Saif Faiq has pleaded guilty to a federal conspiracy charge tied to a bitcoin-related kidnapping plot and now faces up to 20 years in prison. According to the U.S. Department of Justice, Faiq entered his guilty plea on June 9…

Sam Bankman-Fried has formally filed a presidential pardon application while continuing to challenge his conviction and 25-year prison sentence through the U.S. appeals process. According to the U.S. Department of Justice’s Office of the Pardon Attorney website, the former FTX…

Sam Bankman-Fried, the convicted FTX co-founder serving a 25-year federal prison sentence, formally submitted a presidential pardon application to the U.S. Department of Justice’s Office of the Pardon Attorney on June 8, 2026. Breaking: Formal Petition Confirmed Bloomberg first reported the filing on Monday morning. The application is now visible on the DOJ’s public clemency […]

A kidnapping and Lamborghini carjacking tied to a theft of hundreds of millions of dollars in bitcoin are now central to a federal criminal case, highlighting the real-world dangers that can emerge from high-stakes cryptocurrency disputes. A Bitcoin Theft Became the Focus of a Violent Federal Case The U.S. Department of Justice (DOJ) said this […]

The post Polymarket trader accused of making $1.2M using Google insider data appeared on BitcoinEthereumNews.com. U.S. authorities have charged a Google software engineer with insider trading tied to prediction markets, as federal regulators continue tightening scrutiny around Polymarket and other event-based trading platforms. Summary U.S. prosecutors and the CFTC have charged a Google engineer over alleged insider trading tied to Polymarket bets. Authorities said the trader used unreleased Google search trend data to place $2.7 million in prediction market wagers. According to the U.S. Department of Justice, Google employee Michele Spagnuolo allegedly used confidential company information to place trades on Polymarket before Google publicly released its 2025 search trend rankings. “A Google employee allegedly used confidential information to make more than $1.2 million through insider trading on a prediction market,” said U.S. Attorney Jay Clayton. “Corporate insiders who misuse conf