Tag: Investment fraud
The US Securities and Exchange Commission is suing crypto exchange Gemini and partner Genesis
Frankfurt A new setback for the crypto world: The US Securities and Exchange Commission filed a lawsuit against the crypto exchange Gemini and the crypto currency broker Genesis on Thursday…
Adler Group cannot find an auditor – a historical dilemma
glassmaking district Project of the Adler Group in Düsseldorf: The group now wants to restructure its bonds under British law. (Photo: Handelsblatt/Nagel) Berlin, Dusseldorf The search of the ailing real…
Ex-Wirecard boss’s statement is delayed – dispute over key witnesses
Markus Brown The former Wirecard boss will not testify in court this week. (Photo: dpa) Munich In the process of the bankruptcy of the financial group Wirecard worth billions, the…
KPMG does not want to check Adler’s balance sheet even after the court order
KPMG The auditors do not want to examine the accounts of the Adler Group. (Photo: Reuters) Munich The ailing real estate investor Adler must continue to worry about the examination…
Wirecard key witness confirms the charge: business invented
Oliver Bellenhaus on a trial day in December The only goal was to deceive Wirecard’s auditors. (Photo: dpa) Munich In the Munich Wirecard trial, the key witness for the public…
Court appoints KPMG again as auditor
The Steglitzer Kreisel in Berlin is a project of the Adler Group The real estate group has been looking for a new auditor for months. Now there is hope. (Photo:…
FTX founder Bankman-Fried pleads ‘not guilty’
Sam Bankman Fried The founder of crypto exchange FTX says he is “not guilty”. (Photo: Bloomberg) New York, Frankfurt The founder of the collapsed cryptocurrency exchange FTX has, as expected,…
FTX Clients File Class Action Lawsuit
FTX The crypto exchange collapsed a few weeks ago. (Photo: dpa) Wilmington FTX clients launch a class action lawsuit against the bankrupt crypto exchange and its former executives to save…
FTX founder Bankman-Fried under house arrest until trial begins
Sam Bankman Fried The FTX founder is allowed to live with his parents for the amount of 250 million dollars. (Photo: AP) new York The founder of the bankrupt crypto…
Closest colleagues of the FTX founder plead guilty
Sam Bankman Fried The FTX founder wants to face justice in the United States. (Photo: AP) Nassau, Frankfurt New trouble for FTX founder Sam Bankman-Fried: Two of his highest-ranking longtime…
Closest colleagues plead guilty
Sam Bankman Fried The FTX founder wants to face justice in the United States. (Photo: AP) Nassau, Frankfurt New trouble for FTX founder Sam Bankman-Fried: Two of his highest-ranking longtime…
FTX founder Bankman-Fried extradited to USA
Sam Bankman Fried The FTX founder wants to face justice in the United States. (Photo: AP) Nassau Two top executives have pleaded guilty to fraud in connection with the bankruptcy…
Two FTX top execs plead guilty to bankruptcy – extradited to US by Bankman-Fried
Sam Bankman Fried The FTX founder wants to face justice in the United States. (Photo: AP) Nassau Two top executives have pleaded guilty to fraud in connection with the bankruptcy…
Bahamas extradite founders of collapsed crypto exchange FTX to US
Sam Bankman Fried The FTX founder wants to face justice in the United States. (Photo: AP) Nassau Former FTX CEO and founder Sam Bankman-Fried has been extradited from the Bahamas…
Real estate: Adler rescue blocked – bond investors vote against restructuring plan
Numerous problem construction sites The glassmaking district in Düsseldorf-Gerresheim is one of the construction sites of the struggling Adler Group, where little progress is made. (Photo: Verfürden/Handelsblatt) Dusseldorf The top…
Key witness Bellenhaus calls the group “cancer”
Munich Oliver Bellenhaus has to start a second time. When he first tried to explain himself to the court and the public, he spoke so softly into the microphone that…
Key witness Bellenhaus calls the group “cancer”
Oliver Bellenhaus (middle) The former managing director of a Wirecard subsidiary in Dubai admitted years of falsification of the balance sheet, but also put a heavy burden on the former…
Key witness Bellenhaus calls the group “a cancerous growth”
Oliver Bellenhaus (middle) The former managing director of a Wirecard subsidiary in Dubai admitted years of falsification of the balance sheet, but also put a heavy burden on the former…
“Huge risk of absconding” – Bankman-Fried will not be released on bail
Sam Bankman Fried The FTX founder has to go to prison first. (Photo: via REUTERS) Denver Sam Bankman-Fried will spend the coming weeks in prison. That was decided by the…
“No way” he couldn’t have known anything
John Ray FTX bankruptcy attorney testifying before US Congress. (Photo: AP) Denver Black day for Sam Bankman-Fried: The founder of the now insolvent crypto exchange FTX was sued by US…