Charged
With Diverting
$10M to Crypto
Exchanges
Overseas Now
Trial Date
Sept 8
by
Matthew Russell Lee, Patreon Book
Substack
SDNY COURTHOUSE,
Jan 15 – For a scheme to rob
$10 million from banks and
move it to foreign
cryptocurrency exchanges, Fei
Jiang and two others were
indicted and presented on
November 16, 2023.
Fei Jiang
was ordered free on $50,000
bond in the U.S. District
Court for the Southern
District of New York
Magistrates Court. Inner City
Press was there, the only
media in the SDNY Mag
Court.
Magistrate
Judge Robert W. Lehrburger
said that if Pre-Trial
Services does not find Jiang's
resident appropriate, his
release may be revisited.
The AUSA added
that his GPS should include an
exclusion for area airports
including Atlantic City and
Teterboro. The other
defendants are Naifeng Xu
(presented in Oklahoma) and
Zhong Shi Gao, freed on bond
in SDNY.
On November 20,
Naifeng Xu was in the SDNY Mag
court, and so again was Inner
City Press. He too was
released on bond.
Jump cut to
January 15, 2025, when the
trial date was pushed back to
September 8: "Defendants Fei
Jiang, Tommy Lin and Henry Yau
arraigned on Superseding
Indictment S8 23 CR 572 (CM)
defendants plead NOT guilty.
Court sets motion schedule for
defendant Henry Yau:
Defendant's motions are to be
filed by March 14, 2025;
Government's response due
April 4, 2025; and defendant's
reply by April 17, 2025 The
trial of this case, previously
scheduled for May 12, 2025, is
adjourned to September 8,
2025, at 9:30 a.m. The case is
adjourned to May 1, 2025, at
2:00 p.m., for a status
conference."
The case is USA
v. Gao, at el., 1:23-cr-572
(McMahon)
***
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