Brooklyn man Ronald Spektor, 23, was sentenced to four to 12 years in prison after pleading guilty to all 31 counts related to a phishing operation that stole nearly $16 million from approximately 100 Coinbase users.
Chinese tech giant Huawei Technologies is standing trial in Brooklyn federal court on criminal charges including racketeering and defrauding banks over its business dealings with Iran. The case, originally brought during the first Trump administration, comes to trial after nearly a decade of legal proceedings, just weeks before a scheduled meeting between President Trump and Chinese leader Xi Jinping.
A Brooklyn-based federal judge on Monday dismissed criminal securities fraud and bribery charges against Adani Group chairman Gautam Adani and his associates after the US Justice Department decided to abandon the case. The dismissal ends the prosecution before trial, though the judge emphasized it was not a verdict on the merits of the allegations.
