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Maybe it WAS illegal: Mango Markets exploiter arrested on fraud charges

The crypto trader behind the $110 million exploit of decentralized exchange Mango Markets has been arrested in Puerto Rico — and charged with market manipulation and fraud. According to a previously sealed complaint filed with the Southern District of New York and made public on Dec. 27, the Federal Bureau of Investigation (FBI) pinned Avraham Eisenberg with one count commodities fraud and one count of commodities manipulation in relation to his exploit of Mango Markets. Eisenberg’s Oct. 11 exploit of Mango Markets worked by manipulating the value of the platform’s native token, MNGO, artificially inflating its price relative to USD Coin (USDC). Eisenberg and his team then took out “massive loans” against its inflated collateral, which drained Mango’s treasury of around $110 million worth ...

Breaking: FTX founder Sam Bankman-Fried arrested, set to be extradited to US

Sam Bankman-Fried, the founder and former CEO of the FTX cryptocurrency exchange and founder of trading firm Alameda Research has been arrested by authorities in The Bahamas. A Dec. 12 statement from the Bahamas Attorney General (AG) and Minister of Legal Affairs, Ryan Pinder, states Bankman-Fried was arrested by the Royal Bahamas Police Force following a formal notification from the United States government that it has filed criminal charges against the FTX founder. The U.S. will likely request the extradition of Bankman-Fried. Pinder states The Bahamas will “promptly” process any extradition request by U.S. authorities. Bahamian Prime Minister Philip Davis said in a statement both countries have “a shared interest in holding accountable all individuals associated with FTX who may h...

Three Arrested After Stealing Over 70 Cellphones at EDC Orlando

Three people have been arrested for stealing cellphones at the 2022 edition of EDC Orlando, according to police. Detectives are now searching for the owners of over 70 phones recovered after detaining the individuals. The Orlando Police Department said they seized a backpack containing the stolen phones. Police didn’t release the suspects’ names but said the launch of an investigation and ensuing “proactive steps” led them to the arrests. They’re now encouraging the public to use EDC Orlando’s “Lost & Found” submission hub to retrieve the phones. Organizers expected roughly 280,000 attendees at this year’s EDC Orlando, reports Central Florida CBS affiliate News 6 WKMG. The festival took place November 11-13, 2022 at Camping Wor...

Blueface Arrested In Las Vegas On Attempted Murder Charges

HipHopWired Featured Video Source: Handout / Getty Blueface is back in the news again and, as in previous reports, it has nothing to do with his musical career. The rapper and social media star was arrested in Las Vegas and charged with attempted murder. TMZ reports that Blueface, real name Johnathan Jamall Porter, was in Las Vegas with his girlfriend, Chrisean Rock when local authorities swarmed on the 25-year-old artist outside of Lo-Lo’s Chicken & Waffles. The arrest took place on Tuesday (Nov. 15). According to the outlet, the charges Blueface was hit with include felony attempted murder with the use of a deadly firearm or tear gas. The other charge listed was discharging a gun into a house, building, vehicle or craft. The incident in question that sparked Blueface’s arrest occurre...

Police Report 16 Arrests, 1 Death at Burning Man 2022

Despite some crappy things that went down at this year’s Burning Man, police are reporting one of the tamest years in the event’s history in terms of its criminal activity. The Pershing County Sheriff’s Office, which works with the U.S. Bureau of Land Management to ensure the safety of Burning Man’s attendees, reported just 16 arrests. That’s down from 58 arrests at last year’s iteration. According to SFGATE, charges included battery of substantial bodily harm, domestic battery, possession of controlled substance, obstructing of a police officer, possession of paraphernalia and sales of controlled substance, among others. Police also reported one death. Judge John Everett Williams, 69, of Huntingdon, Tennessee, died of natural causes on September 2n...

Police Backpedal, Claim Suspect’s Intent Was Not “To Cause a Mass Shooting” at Bass Canyon Festival

Following the arrest of a gun-wielding man who they believed “may have had plans to commit a mass shooting” at an electronic music festival in Washington, police released a statement downplaying the suspect’s intent. Jonathan R. Moody, 30, was arraigned following the conclusion of Bass Canyon, an event that annually attracts roughly 25,000 people. The Grant County Sheriff’s Office had released a report on Saturday, August 20th which stated its deputies “believe they stopped an Ephrata man who may have had plans to commit a mass shooting at the Gorge Amphitheater” the day prior. According to the report, Moody was detained after attendees claimed to have seen him inhaling an “unknown substance or gas from a balloon” before loading and concealing two ...

I Need That: Kodak Black Asks For Car And Cash Seized In Florida Arrest

HipHopWired Featured Video Source: Jason Koerner / Getty Kodak Black wants what is his. He is demanding that police return his vehicle and cash seized in a recent arrest in Florida. As per TMZ, Kodak Black is asking for his belongings back; respectfully. About a month ago Florida Highway Patrol pulled over his Dodge Durango while in Fort Lauderdale because the car smelled of potent marijuana. During the stop, they found 31 oxycodone pills and $74,960 in cash. He was arrested on the scene; shortly after he posted bond. The celebrity gossip website’s sources say his license and car tags were also expired. A month has already transpired and the state is still in possession of the car and the funds. In response, Kodak has already submitted his prescription for the pills and claims that he is o...

Iman Shumpert, Ex-NBA Star & Teyana Taylor’s Husband, Arrested at Texas Airport

Former NBA player Iman Shumpert was arrested at the Dallas Fort Worth International Airport last weekend for allegedly trying to bring 6 ounces of cannabis through security. The police report from the DFW Airport Department of Public Safety shows police were called to a TSA checkpoint at about 3:40 p.m. on Saturday and told there was a “sizeable amount of marijuana” found. Explore See latest videos, charts and news See latest videos, charts and news The police report says Shumpert told officers that the bag contained marijuana and “asked if there was any way he could make his flight” to Los Angeles, where he was supposed to pick up his daughter. He has two daughters with entertainer Teyana Taylor. Shumpert was told no, arrested for felony possession of marijuana and taken to the airport ja...

17 Democratic Party Lawmakers Arrested At Abortion Rights Protest

HipHopWired Featured Video Source: The Washington Post / Getty Over a dozen Democratic Party lawmakers were among over two dozen arrested at an abortion rights protest on Tuesday (July 19). Included in that group were some of the more progressive members of the party, and it appears that their efforts at the event are just the start of their overall push. As reported by local outlets NBC Washington and The Hill, 17 Democratic lawmakers were arrested amid a total of 35 overall according to the U.S. Capitol Police. Related Stories Ilhan Omar, Ayanna Pressley, Jackie Speier, Bonnie Watson Coleman, Rashida Tlaib, Cori Bush, Katherine Clark, Andy Levin, Alexandria Ocasio-Cortez, Alma Adams, Veronica Escobar, and Carolyn Maloney were some of the published names on the arrest list. Rep. Maloney i...

Suspect Arrested for Arson Attack at Brooklyn LGBTQ Club

A man accused of setting a Brooklyn nightclub ablaze earlier this month has been arrested by U.S. Marshals. The Rash nightclub has only been operating in Brooklyn’s Bushwick neighborhood since October of last year. The venue had become a preferred spot among the community’s LGBTQ+ clubbers. But on April 3rd, Rash sustained a fire that reportedly left the property vastly unsalvageable.  Now, 24-year-old John Lhota has been identified by security footage and charged with arson. NYC Mayor Eric Adams confirmed the arrest in a statement on Twitter. Sources say Lhota was seen leaving his apartment just a half-mile from Rash before purchasing and filling a red canister of gasoline. Lhota then allegedly entered the club, doused the floor with gasoline...

Miami Police Report “Record Low” Number of Arrests From Ultra Music Festival 2022

Ultra Music Festival attendees were on good behavior at the brand’s flagship Miami event in 2022. The sold-out fest was as big a draw as ever, as 150,000 dance music fans descended upon Bayfront Park for three jam-packed days of action with David Guetta, Martin Garrix, Hardwell and many more. After two years on ice, Ultra returned in some ways smoother than ever. At least that was the impression some members of law enforcement had. Following the weekend, Miami police reported just 18 arrests in total: four on Friday, 10 on Saturday and four on Sunday. Most of those arrests were drug-related, according to CBS Miami. The 2022 edition of Ultra Music Festival at Miami’s Bayfront Park. Alive Coverage Scroll to Continue Recommended Articles For context, Miami Police Departm...

Cops Share Bodycam Clip Of Ryan Coogler’s Bank Of America Arrest

HipHopWired Featured Video Source: Robin L Marshall / Getty Atlanta police released bodycam footage of the arrest of Black Panther director Ryan Coogler at a local Bank Of America location, highlighting the tension of the moment in harrowing fashion. While Coogler said he’s moved on beyond the incident, the video from the authorities illustrates how closely the situation had the potential to go awry. For those unaware, Coogler entered the Bank of America location back on Jan. 7 as stated on the arrest record. Coogler, in what could be viewed as an attempt at discretion, were a hat, sunglasses, and a mask per the demands of COVID-19 precautions. Coogler handed the teller a note on the back of the withdrawal slip that read, “I would like to withdraw $12,000 cash from my checking account. Ple...