Gate News reports that on March 23, U.S. federal prosecutors submitted documents to a judge questioning the authenticity of an appeal letter sent from prison by FTX founder Sam Bankman-Fried (SBF). Prosecutors pointed out that the letter was actually sent via FedEx from the Palo Alto or Menlo Park area, which does not match the location of SBF’s federal prison at Terminal Island. Additionally, the letter incorrectly listed its location as a state facility and used a typed signature instead of a handwritten one, violating federal prison regulations that prohibit the use of private couriers for mailing. While prosecutors did not directly accuse SBF or his associates of forging documents, they stated that these discrepancies are sufficient to raise reasonable doubts about the letter’s origin and could impact the credibility of evidence in his reexamination request. SBF is currently serving a 25-year sentence for fraud and conspiracy and is actively seeking a retrial, but the appellate judges have shown clear skepticism toward his claims.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
The U.S. Department of Justice launches the OneCoin victim compensation program, with more than $40 million in assets available for claims
The U.S. Department of Justice has initiated a restitution process for victims of the OneCoin crypto Ponzi scheme. Victims who were harmed between 2014 and 2019 may apply for restitution, and more than $40 million is currently available. The scheme was launched in 2014 and resulted in more than $4 billion in losses for 3.5 million victims worldwide.
GateNews1h ago
RAVE’s hype surge triggers a flood of copycat coin mania, as FF and INX expose the “pump-and-dump” scheme
Recently, altcoins represented by RAVE have sparked a fierce investment craze, but some old star projects like FF and INX have used this wave of hype to carry out “pump-and-dump” operations—rapidly driving up coin prices to lure retail investors to buy, and then dumping them heavily, causing the price to plunge rapidly. Such behavior not only exposes the project team’s funding difficulties, but also damages investors’ trust. Investors need to stay alert to signals like abnormal short-term surges in order to avoid the risk of being manipulated by the market.
MarketWhisper1h ago
Encourage innovation! U.S. judges ban Arizona’s regulation of prediction markets and halt the prosecution of Kalshi
A U.S. federal district court ruled that Arizona is barred from using gambling laws to prosecute the prediction market platform Kalshi, finding that the Commodity Futures Trading Commission has exclusive jurisdiction. The ruling affects the boundary between state and federal authority in regulating financial markets, while Kalshi insists its business falls under financial products rather than traditional gambling. Rulings on prediction markets vary from state to state, and the Trump family has also expressed support for prediction markets.
CryptoCity2h ago
People’s Daily criticizes chaos in financial media outlets, calling out virtual currency referral activities by name
Gate News updates. On April 14, People’s Daily published an article titled “Disrupting the capital markets: these irregularities by finance-and-economics self-media accounts need to be on high alert,” which singled out and criticized certain accounts that drive users to virtual-coin trading by publishing false yield information such as “one hundredfold coins” and “making millions every month trading coins.” The article cites a notice previously issued by eight departments, including the People’s Bank of China, emphasizing that business activities related to virtual currencies constitute illegal financial activities. The article states that accounts and platforms suspected of providing referral traffic and technical services for illegal virtual currency trading may violate laws and regulations and could threaten financial security and anti–money laundering efforts.
GateNews3h ago
Can bypass Financial Supervisory Commission (FSC) rules to buy crypto with credit cards? ODC pushes a Wallet Pro service for buying crypto with U.S. debit cards
OdinDentis (Odinting?) launched the OwlPay and Wallet Pro services, focusing on B2B cross-border payments. By combining stablecoin technology with international financial systems, it showcases its fintech transformation. Through its partnership with MoneyGram, Wallet Pro enables cross-border transfers of stablecoins purchased with cash, and operates in the U.S. market. The company’s overseas model bypasses Taiwan’s strict regulation and, under the new draft law, challenges the market competition landscape; in the future, it will affect local operators’ compliance strategies.
CryptoCity3h ago
FBI teams up with Indonesia to dismantle W3LL phishing network, with more than $20 million involved
The U.S. FBI and Indonesian police successfully cooperated to dismantle a W3LL phishing network, seizing related equipment and detaining suspects. The W3LL phishing toolkit offers low-priced fake login pages that use man-in-the-middle attacks to easily bypass multi-factor authentication, forming an organized cybercrime ecosystem. This operation marks cooperation between the U.S. and Indonesia in law enforcement against cybercrime; however, the security threats to cryptocurrency users remain severe.
MarketWhisper5h ago