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Category Cred

Cred founders jailed over $140M fraud, receive 88-month sentences

Cred founders jailed over $140M fraud, receive 88-month sentences

The case involving Cred LLC, a San Francisco crypto lending firm, has been resolved with a sentencing that will see its founder and CFO spend time ...
Executives of bankrupt crypto lender Cred plead guilty to $150M wire fraud

Executives of bankrupt crypto lender Cred plead guilty to $150M wire fraud

Two former executives of the now bankrupt crypto lending company, Cred, have pleaded guilty to wire fraud as part of the requirements of their plea...
Money laundering allegations fall heavily on the former managers of Cred

Money laundering allegations fall heavily on the former managers of Cred

In the bankruptcy of the former lender Cred, three actors of managers were charged with allegedly engaging in wire fraud and money laundering charg...