Do Kwon admits guilt to fraud charges in $40 billion cryptocurrency downfall.
Do Kwon Pleads Guilty to Fraud Charges Do Kwon, the South Korean cryptocurrency executive known for his role in two digital currencies that collectively lost around $40 billion in 2022, pleaded guilty to conspiracy charges related to fraud and wire fraud on August 12, 2025, during a court session in New York. Kwon, age 33, […]
Former Adams aide Mohamed Bahi admits guilt in campaign financing scheme
The former liaison to the Muslim community for Mayor Eric Adams, seen as a key witness in a federal corruption case against him, pleaded guilty on Tuesday to fund fraud tied to Adams’ 2021 campaign. A few months after the Justice Department took action against Adams, the judge described an unpleasant situation. Mohamed Bahi, now […]
Do Kwon plans to admit guilt in the $40 billion cryptocurrency failure.
Do Kwon to Plead Guilty in Fraud Case Do Kwon, the South Korean crypto entrepreneur associated with two digital currencies that reportedly lost about $40 billion in 2022, is set to plead guilty to charges of conspiracy and wire fraud. This was announced during a court hearing in the U.S. U.S. District Judge Paul Engelmeyer […]
Do Kwon Anticipated to Admit Guilt in $40 Billion Terra Downfall
Do Kwon Facing Guilty Plea in Terra Crypto Collapse Do Kwon, the figure behind the failed crypto project Terra, is anticipated to plead guilty, according to recent court documents. A scheduling order for potential changes in the US lawsuit against Kwon was filed ahead of a scheduled meeting on August 12. Previously, Kwon had pleaded […]
Arizona Man Admits Guilt in $13M Crypto Ponzi Scheme, Could Serve Up to 15 Years
Simply put Vincent Mazzotta admitted to money laundering and obstruction in connection with a $13 million cryptocurrency Ponzi scheme. The fraud involved fake AI trading bots and made-up entities called “federal cryptographic protected areas.” Initially duped through false crypto investments, victims were charged again to pay for a non-existent investigation into the scam. A man […]
Dual Citizen from China Admits Guilt in Theft of Sensitive Nuclear Launch Detection Technology
Former Engineer Pleads Guilty to Trade Secrets Theft A former engineer in Southern California has admitted to stealing sensitive U.S. government trade secrets linked to missile detection systems. Chenguang Gong, aged 59 and a dual U.S. citizen from San Jose, pleaded guilty on Monday to one charge of theft of trade secrets. His sentencing is […]
Man with the biggest collection of completed explosives in FBI history admits guilt
A man from Virginia has pleaded guilty in federal court to charges related to possessing a short, unregistered barrel rifle and an unregistered destructive device. This comes after he was accused of stockpiling an unprecedented number of completed explosives, as noted by the FBI, and making threats against a politician. Authorities discovered approximately 150 pipe […]
Undocumented immigrant admits guilt in wrong-way accident that claimed the life of a Missouri boy
Fatal Crash in Missouri Linked to Illegal Immigrant A tragic incident took place on December 20, 2023, when 33-year-old Endurina Bracho drove the wrong way down a highway in Missouri. She was traveling at a speed of 75 mph—significantly exceeding the 40 mph speed limit—when she collided head-on with a car containing a young boy […]
Undocumented immigrant admits guilt in accident that resulted in boy’s death one day before his 12th birthday
Venezuelan Immigrant Pleads Guilty in Fatal Missouri Crash A Venezuelan immigrant has admitted guilt for a head-on crash in Missouri that resulted in the death of a young boy just shy of his 12th birthday. Endurina Bracho, 34, was driving with her two children on December 20, 2023, when, reportedly, a Dodge van crossed into […]
El Chapo’s son admits guilt to drug trafficking charges linked to the Sinaloa Cartel
Drug Lord’s Son Pleads Guilty in Chicago One of the notorious sons of an infamous drug lord has pleaded guilty in a U.S. federal court in Chicago. Obigio Guzman Lopez, 35, admitted to running the Sinaloa cartel while his father was absent. The U.S. Attorney’s Office in northern Illinois reported that Guzman Lopez coordinated large-scale […]