Sentencing Financial News

U.S. District Judge Lewis Kaplan has denied a request for adjournment made by Sam Bankman-Fried, the former CEO of FTX. 

A suspended Surrey RCMP officer accused of using his position of authority to engage in intimate relationships with women — both on and off-duty — likely won’t face traditional jail time, a sentencing hearing in B.C. provincial court has heard.

A federal judge in Seattle has ruled that Changpeng Zhao, the founder and former CEO of Binance, must remain in the United States while awaiting sentencing on money laundering charges.

Binance chief Changpeng Zhao has to remain in the continental United States ahead of his sentencing for violating U.S. anti-money laundering laws, U.S. District Judge Richard Jones said on Thursday.

Former Binance CEO Changpeng "CZ" Zhao has opposed the United States government's efforts to block his return to the United Arab Emirates (UAE) to be with his family while awaiting sentencing following his guilty plea.

By Nate Raymond

Binance CEO Changpeng Zhao are urging a US judge to reject the Justice Department's request to bar him from returning to his home in the United Arab Emirates until he is sentenced for violating anti-money laundering requirements. Zhao's lawyers in a Thursday filing asked US District Judge Richard Jones in Seattle not to reverse bail conditions set by a magistrate judge on Tuesday that would allow him to leave the US while awaiting sentencing.

Prosecutors are pressing a federal judge to prevent former Binance CEO Changpeng Zhao from leaving the United States before his scheduled sentencing hearing on February 23, 2024.

The founder and former CEO of Binance, Changpeng “CZ” Zhao, has been released on a $175 million personal recognizance bond.

Backstage at the second Los Angeles show of Lauryn Hill and the Fugees' anniversary tour, Pras Michel was optimistic

Former FTX CEO Sam “SBF” Bankman-Fried’s public trial in a New York court ended with the jury finding him guilty on all seven charges on Nov. 3, including two counts of wire fraud, two counts of wire fraud conspiracy, one count of securities fraud, one count of commodities fraud conspiracy and one count of money laundering conspiracy. He will return to court for sentencing by Judge Lewis Kaplan on March 28, 2024. Government prosecutors will recommend a sentence, but Kaplan will have the final say.

Pakistani court on Saturday raised an objection on a plea to reopen the case of Independence war hero Bhagat Singh's sentencing in 1931 and to set it aside by exercising the principles of review and honour him with posthumous state awards. Singh was hanged by the British rulers on March 23, 1931, along with his comrades Rajguru and Sukhdev after being tried under charges of hatching a conspiracy against the British regime. Singh was initially jailed for life but was later sentenced to death in another «fabricated case». On Saturday, the Lahore High Court (LHC) raised an objection to reopening the decade-old case and constitution of a larger bench to listen to the petition that pleads to set aside the sentence of Singh by exercising principles of review and order the government to honour him with posthumous state awards. «The Lahore High Court on Saturday raised an objection to reopen the Bhagat Singh case and constitution of a larger bench for its early hearing.

Megan Thee Stallion dazzled audiences at the MTV VMAs 2023, the man accused of shooting her in the foot, Tory Lanez, finds himself seeking bail from the courts. In a recent Rolling Stone report, it has been revealed that his request for bail has been firmly denied, further complicating his legal predicament.

By Sarah N. Lynch

Federal prosecutors say a former Indiana congressman should pay nearly $1.4 million to cover the legal bills of companies forced to incur expenses when he was prosecuted on insider trading charges

A former Goldman Sachs banker is set to be sentenced on 9 March for helping to loot billions of dollars from a Malaysian sovereign-wealth fund in a global financial scandal that tarnished the Wall Street bank.

Reggie Fowler, a former NFL team owner and alleged "shadow banker" who might face up to 30 years of imprisonment, asked the court of the Southern District of New York for a six-month adjournment. 

Criminals that used cryptocurrency as part of committing a crime are more likely to receive a tougher sentence in Australian courts, a new study has found.