CabbageTech CEO Sentenced to 33 Months in Prison After Pleading Guilty in Fraud Case

2020-1-17 01:41

Patrick McDonnell was sentenced to 33 months in federal prison and ordered to pay victims $225,000 after pleading guilty to charges he defrauded investors in his crypto trading platform, CabbageTech.

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prison guilty cabbagetech pleading months sentenced defrauded

prison guilty → Результатов: 51


Romanian Hackers Get 20 Years in Prison For Cryptojacking 400k Computers To Mine $4M In BTC & XMR

Bogdan Nicolescu, the leader of the Bayrob Group hacker gang from Romania, as well as his co-conspirator Radu Miclaus, have been found guilty of charges related to their cryptojacking malware. The charges include 21 separate counts of wire fraud, money laundering, aggravated identity theft, and other crimes, according to a press release that was published […]

2019-12-10 23:51


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Bitcoin escrow firm owner charged over $7M cryptocurrency fraud

The director of Bitcoin escrow service Volantis Market is facing several years in prison if found guilty of cryptocurrency-related fraud. According to the US Attorney’s Office of the Southern District of New York, Jon Barry Thompson took more than $7 million from two victim companies after making false claims in connection with Bitcoin transactions.

2019-10-1 16:49


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Man charged with running Bitcoin–powered fake ID cartel gets a year in US prison

A man charged with creating fake IDs in a major Bitcoin-powered distribution ring has been sentenced to one year and one day in US federal prison. Aaron Kuns, from Toledo (Ohio), who pleaded guilty in June, will also be subject to three years on supervised release and will have to forfeit his cryptocurrency holdings — valued at around $9,675 in April.

2019-9-19 14:28


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Fentanyl dealer to forfeit $4M in Bitcoin and quadrillions of bank notes

A dark web kingpin has forfeited $4 million, including Bitcoin and 100 quadrillion Zimbabwe bank notes after selling drugs to an undercover cop via encrypted email. Richard Castro, of Windermere (Florida), pled guilty to one count of conspiracy to distribute and possess with the intent to distribute three controlled substances – carfentanil, phenyl fentanyl, and fentanyl.

2019-7-29 12:38


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Siemens contractor pleads guilty to planting ‘logic bomb’ in spreadsheet software

A contract programmer has pleaded guilty to planting “logic bombs” inside a client’s spreadsheets in an attempt to receive extra work from the company every time the software crashed. David Tinley — the Pennsylvania-based 62-year-old contract programmer in question — now faces a fine of up to $250,000, up to 10 years in prison, or both.

2019-7-25 12:25


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22-year-old gets 2 years in jail for illegally selling hundreds of thousands in Bitcoin

A 22-year-old man in the US has been sentenced to two years in prison for selling hundreds of thousands of dollars in Bitcoin through an unlicensed money transmitting business. Jacob Burrell Campos, who had been in custody without bail since he was arrested in August last year, was also forced to forfeit $823,357 in illicit profits.

2019-4-9 13:04


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Mt.Gox’s Mark Karpeles Dodges Embezzlement Charges, Lands Jail Term for Falsifying Data

The former owner of the now-defunct Mt. Gox bitcoin exchange, Mark Karpeles, has been sentenced to two and half years in prison by a prosecutors in Japan. The Tokyo District Court found him guilty for falsifying computer data in connection with the colossal heist, an event that saw half a billion dollars worth of bitcoin disappearRead MoreRead More.

2019-3-15 14:17


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Cryptocurrency fraudster faces 5 years in prison for selling fake ICOs

A Brooklyn-based businessman turned cryptocurrency huckster faces up to five years in prison for orchestrating two monstrously phony initial coin offerings (ICOs) last year. Maksim Zaslavskiy, a former institutional developer and “businessman,” plead guilty to two counts of conspiracy to commit securities fraud before a New York district court yesterday, reports FinanceFeeds.

2018-11-16 14:18


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US man faces 5 years in prison for unlicensed trading of over $3.2M in Bitcoin

An American man has fessed up in front of federal court judges, pleading guilty for operating an “unlicensed money transmitting business. ” A Department of Justics (DoJ) published a press release yesterday that details how Jacob Burrell Campos has been selling “hundres of thousands of dollars in Bitcoin to over 1,000 customers” across the United States.

2018-10-30 16:22


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Bitcoin Trader Pleads Guilty to Securities Fraud, Faces 20 Years in Prison

Joe E. Montroll of Saginaw Texas is facing up to 20 years in prison after admitting to lying to investigators about his role in the theft of Bitcoins deposited by customers of his platform. 2018 has seen a raft of arrests and convictions in the cryptocurrency space as law enforcement, and financial regulators work hard […] The post Bitcoin Trader Pleads Guilty to Securities Fraud, Faces 20 Years in Prison appeared first on Ethereum World News.

2018-7-24 16:27