us attorney

Crypto mogul Sam Bankman-Fried sentenced to 25 years for multibillion-dollar FTX fraud

by

Bankman-Fried, wearing a beige short-sleeve jail T-shirt, acknowledged during 20 minutes of remarks to the judge that FTX customers had suffered, and he offered an apology to his former FTX colleagues. FTX founder Sam Bankman-Fried leaves was sentenced to 25 years in prison for multibillion-dollar FTX fraud. Photo: AP The sentence marked the culmination of … Read more

California men sent meth, cocaine disguised as noodles, car parts to Australia, New Zealand

by

Four California men allegedly exported “wholesale” amounts of cocaine and methamphetamine disguised as instant noodles, seasoning and car parts to Australia, Papua New Guinea and New Zealand over about five years, the Justice Department said. Federal prosecutors estimate that from 2017 until 2022, the men operated a complex drug trafficking ring, using military-grade encryption software … Read more