2024-3-15 22:35 |
Former FTX chief Sam Bankman-Fried could face a prison term of 40 to 50 years
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Sam Bankman-Fried's new legal team filed his sentencing memo, alongside 29 different character references and other supporting documents, arguing he shouldn't face a lengthy prison term after his conviction last November on two fraud and five conspiracy charges.
2024-2-29 02:30 | |
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FTX’s Bankman-Fried seeks mercy, apologizes for $8 billion fraud, and implores the judge to reject the recommended 100-year jail term. Sam Bankman-Fried, the disgraced founder of the FTX crypto exchange, is trying to get a shorter prison sentence after he…
2024-2-29 10:45 | |
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Former FTX boss Sam Bankman-Fried (SBF), found guilty of fraud last year and due to be sentenced next month, has asked the court for a 'just' sentence of 63 to 78 months, according to a court filing submitted Tuesday.
2024-2-29 09:19 | |
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Former Binance head CZ may be gearing up for prison term, but BNB, his exchange's flagship token, is showing remarkable resilience
2023-12-27 18:49 | |
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U.S. prosecutors are ramping up pressure on former Binance CEO Changpeng Zhao, better known as CZ, as they consider seeking a maximum 10-year prison sentence for his involvement in financial violations.
2023-11-28 16:10 | |
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Lee Jeong-hoon, former Bithumb Chairman, faces an eight-year prison term. Prosecutors assert Lee misled Kim about joint Bithumb management, BXA Coin listing, and restructuring to evade financial regulations.
2023-11-17 11:28 | |
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The jury in the trial of the former CEO of the defunct crypto exchange FTX, Sam Bankman-Fried (SBF), gave its verdict on November 2 in what signals the beginning of the end for the one-time billionaire who faces a long prison term following his conviction.
2023-11-3 13:30 | |
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Nathaniel Chastain, a former product manager at NFT marketplace OpenSea, has opted to begin his three-month prison term for insider trading, despite his appeal being under consideration.
2023-9-7 15:27 | |
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A Nigerian crypto scammer was sentenced to over eight years in federal prison for defrauding US businesses. The post US Prosecutors Slap Celebrity Crypto Scammer With Eight-Year Prison Term appeared first on BeInCrypto.
2023-7-20 17:45 | |
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Do Kwon, once a celebrated figure in cryptocurrency, faces a four-month prison term for passport fraud. This comes amid ongoing charges of fraud following a digital tokens collapse, leading to a $40 billion loss.
2023-6-20 18:30 | |
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Reggie Fowler, a former owner of NFL team Minnesota Vikings, has been meted a six-year prison sentence by a New York judge because of his involvement in a crypto fraud scheme. This scheme encompassed more than $700 million in unregulated transactions carried out over a period of 10 months in 2018.
2023-6-6 10:20 | |
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2023-5-10 16:36 | |
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Disgraced cryptocurrency entrepreneur Do Kwon could be facing unprecedented jail term of up to 40 years in South Korea
2023-5-5 19:10 | |
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In an ongoing criminal case, a man in Ohio is facing four years and three months in prison for stealing more than 712 bitcoins (BTC) that were subject to forfeiture. According to the US Department of Justice, Gary Harmon, a…
2023-5-1 15:35 | |
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The ex-boyfriend of fugitive Ruja Ignatova (also known as Cryptoqueen) was sentenced to five years in prison for laundering $300 million in earnings from investors of the bogus crypto venture, OneCoin.
2023-2-20 14:56 | |
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The South Korean Supreme Court has upheld existing judgments from the local court and slammed a 25-year jail term on V.Global CEO for $2bn fraud.
2023-1-16 13:30 | |
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The latest court action now takes the number of V Global execs behind bars up to seven, as the CEO was previously sentenced to a 22-year prison term.
2022-12-29 08:49 | |
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Former Alameda Research CEO could be released on $250,000 bail, but she’s not allowed to leave the United States.
2022-12-22 13:00 | |
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Lee Jung-hoon, the owner of the South Korean crypto exchange Bithumb, is facing up to eight years in prison on charges of fraud to the value of 100 billion won ($70 million), according to YNA. The post Bithumb owner to receive 8-year jail term for $70M fraud – local media appeared first on CryptoSlate.
2022-10-25 13:40 | |
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Former Ethereum Foundation researcher Virgil Griffith has seen a sentence of 63 months in prison for charges related to helping North Korea. He was also ordered to pay a $100,000 fine.
2022-4-13 00:43 | |
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Ethereum developer Virgil Griffith is facing up to 6. 5 years jail term, after pleading guilty to charges of conspiracy. The developer had allegedly taken a trip to North Korea back in 2019, to aid them in using Eth to bypass United States sanctions.
2021-9-29 18:13 | |
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Alexander Vinnik, an alleged operator of the now-defunct cryptocurrency exchange in the EU BTC-e, will be facing jail time. His five-year prison term was upheld by the Court of Appeal of Paris on Thursday, according to a TASS report.
2021-6-29 21:32 | |
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A U. S. court has sentenced Jerry Ji Guo, a resident of San Francisco, to an effective six months in prison for his role in a fraudulent initial coin offering (ICO). In addition to the prison term, the court ordered Guo to pay over $4 million in restitution.
2021-1-29 02:00 | |
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A South Korean court has sentenced the former CEO of the defunct crypto exchange Coinnest to 18 months in prison. The court also fined him over $61,000, who also was charged for fraud in 2020. Prosecutors Accused Coinnest Executives of Receiving 110 BTC in Bribes According to Fn News, the Supreme Court of Korea determined […]
2021-1-15 17:00 | |
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The cryptocurrency firm had falsely claimed to have an impressive executive team, as well as 38 state money transmitter licenses.
2020-12-16 13:41 | |
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US federal prosecutors are requesting US District Judge Lorna Schofield to sentence a fraudster behind a celebrity-endorsed ICO to a long term in prison. A report unveiled this news on November 4, noting that the prosecutors filed a sentencing submission on October 31, demanding a harsh sentence against Robert Joseph Farkas, the co-founder of Centra Tech.
2020-11-4 15:27 | |
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Antivirus guru and libertarian John McAfee has been indicted on massive tax evasion charges and taken into custody in Spain. A lengthy prison term is on the horizon
2020-10-6 11:41 | |
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Crypto Scammer Gets 86-Month Jail Term Blake Kantor, a 44-year-old New Jersy based cryptocurrency scammer has been sentenced to 86 months in prison by the United States Department of Justice (DoJ) on July 1.
2019-7-2 22:28 | |
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The regulatory clarity surrounding Bitcoin and other cryptocurrencies has been lacking in many countries. China and India have always shunned away from cryptocurrencies while encouraging blockchain.
2019-6-8 17:00 | |
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Silk Road’s Ross Ulbricht, who is currently serving his prison term in a United States penitentiary, has previously sought help from some highly influential people in the cryptospace, with Roger Ver being one of them.
2019-5-11 21:30 | |
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In what the Manhattan District Attorney calls the first crypto money laundering conviction in New York, two defendants have pleaded guilty to running a drug trafficking business that laundered millions of dollars in Western Union and crypto payments.
2019-4-25 20:37 | |
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Joel Ortiz, the principal suspect in a Bitcoin theft case, has been sentenced to years in prison according to a release from the office of the District Attorney of Santa Clara County, April 22, 2019.
2019-4-24 23:00 | |
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A 21-year-old student from the U.S. who stole over $7.5 million in cryptocurrency via SIM-swap hacks has been sentenced to 10 years in prison.
2019-4-23 11:05 | |
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Bitcoin trader Jacob Burrell Campos was sentenced on April 8, 2019, to serve a two-year prison sentence and to forfeit more than $800,000 “for operating an unlicensed money transmitting business.
2019-4-13 18:54 | |
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By CCN. com: Hong Kong’s Secretary for Financial Services and the Treasury, James Lau, has clarified to the city-state’s Legislative Council that commercial transactions relating to Bitcoin mining devices are protected under the Trade Descriptions Ordinance.
2019-4-4 15:34 | |
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A little over a month after being released from prison for his involvement in one of the grandest corporate scandals in history, Jeffrey Skilling, the former chief executive of collapsed U. S. energy giant Enron is reportedly eyeing the blockchain sector, according to the Wall Street Journal report.
2019-3-27 16:47 | |
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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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A Texas man, formerly a citizen of Somer, has been sentenced to 21 months in prison for his involvement in a cryptocurrency Ponzi scheme worth $9 million. Homero Joshua Garza, the 33-year-old convict, will be put under three years of supervised release after his jail term ends.
2018-9-15 07:00 | |
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A women cryptocurrency trader, “Bitcoin Maven”, was sentenced to 366 days prison term by the Department of Justice (DoJ) for practising the trade without a valid license. In news of perhaps the first conviction of women coin trader, the DoJ held Theresa Lynn Tetley, aged 50 years for intentionally breaking financial regulatory rules and laws.
2018-7-13 16:48 | |
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News A Southern Californian Localbitcoins trader has been sentenced to prison for a year for unlicensed money transmitting and money laundering. The trader, Bitcoin Maven, reportedly exchanged between $6 and $9.
2018-7-11 07:47 | |
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The “Dread Pirate Roberts,” Ross Ulbricht, has his review of his life sentence prison term denied by the US Supreme court
2018-6-29 20:15 | |
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