A hack left the operator of a now-defunct cryptocurrency platform without enough bitcoins to cover what he owed users, prompting him to lie to regulators, prosecutors said.
One of the worlds biggest banks, along with brokerages and a major business news publication, were targets of hackers, the U.S. said Tuesday in announcing charges against four men.
American International Group Inc. won court approval of a $970.5 million settlement with investors who accused it of misleading them about risks tied to subprime mortgages.
Five former aides to Bernard Madoff who spent decades working for his firm were found guilty of helping run the biggest Ponzi scheme in U.S. history, a $17.5 billion fraud exposed by the 2008 financial crisis.
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"articles": [
{
"uri": "/2018/03/09/big-pharmas-shkreli-sentenced-to-seven-years-in-pr/",
"title": "Big Pharma's Shkreli sentenced to seven years in prison",
"byline": "Patricia Hurtado and Erik Larson",
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"prettyDate": "March 09, 2018",
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"summary": "The sentence puts an end to a saga that captivated and sometimes enraged Washington, Wall Street and the tabloids.",
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{
"uri": "/2018/02/21/bitcoin-exchange-operator-charged-with-lying-to-se/",
"title": "Bitcoin exchange operator charged with lying to SEC about hack",
"byline": "Patricia Hurtado",
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"summary": "A hack left the operator of a now-defunct cryptocurrency platform without enough bitcoins to cover what he owed users, prompting him to lie to regulators, prosecutors said.",
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},
{
"uri": "/2017/08/04/pharmacy-bro-shkreli-decries-witch-hunt-following/",
"title": "'Pharmacy Bro' Shkreli decries `witch hunt' following his fraud conviction",
"byline": " Chris Dolmetsch, Patricia Hurtado and Misyrlena Egkolfopoulou ",
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"prettyDate": "August 04, 2017",
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{
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"summary": "Martin Shkreli, once dubbed "the most hated man in America," is now a convicted felon.",
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},
{
"uri": "/2015/11/10/jpmorgan-victim-of-largest-customer-hack/",
"title": "JPMorgan victim of largest customer hack",
"byline": "Patricia Hurtado, Greg Farrell, Bloomberg",
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"prettyDate": "November 10, 2015",
"timeToRead": "3 minute",
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"summary": "One of the worlds biggest banks, along with brokerages and a major business news publication, were targets of hackers, the U.S. said Tuesday in announcing charges against four men.",
"body": null
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{
"uri": "/2015/03/20/aig-investors-billion-dollar-subprime-settlement-o/",
"title": "AIG investors’ billion-dollar subprime settlement OK’d",
"byline": " Patricia Hurtado, Bloomberg ",
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"prettyDate": "March 20, 2015",
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"summary": "American International Group Inc. won court approval of a $970.5 million settlement with investors who accused it of misleading them about risks tied to subprime mortgages.",
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{
"uri": "/2014/11/06/bitcoin-firm-head-charged-in-first-us-securities-c/",
"title": "Bitcoin firm head charged in first US securities case",
"byline": " Patricia Hurtado, Bloomberg ",
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"prettyDate": "November 06, 2014",
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"kickerNode": [],
"summary": "Trendon Shavers, founder of Bitcoin Savings and Trust, was charged with fraud and accused of masterminding a $4.5 million Ponzi scheme.",
"body": null
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{
"uri": "/2014/07/18/house-insider-probe-involves-dozens-of-funds-firms/",
"title": "House insider probe involves dozens of funds, firms",
"byline": "Patricia Hurtado",
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"prettyDate": "July 18, 2014",
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"summary": "The probe concerns some of the largest hedge funds and asset-management advisers, the SEC said.",
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{
"uri": "/2014/03/24/madoff-aides-convicted-in-securities-fraud-trial/",
"title": "Madoff aides convicted in securities fraud trial",
"byline": "Erik Larson, Patricia Hurtado and Bob Van Voris",
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"kickerNode": [],
"summary": "Five former aides to Bernard Madoff who spent decades working for his firm were found guilty of helping run the biggest Ponzi scheme in U.S. history, a $17.5 billion fraud exposed by the 2008 financial crisis.",
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