2024-11-20 19:38 |
Former FTX chief technology officer and close friend of Sam Bankman-Fried, Gary Wang, won’t have to serve prison time for his involvement in the crypto exchange’s fraud scheme, The New York Times reported. origin »
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Gary Wang, the last of FTX’s executives to be sentenced, will serve no prison time after aiding prosecutors in decyphering Sam Bankman-Fried’s fraudulent empire.
2024-11-20 19:54 | |
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Former FTX chief technology officer and close friend of Sam Bankman-Fried, Gary Wang, won’t have to serve prison time for his involvement in the crypto exchange’s fraud scheme, The New York Times reported.
2024-11-22 19:38 | |
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Gary Wang, the former chief technology officer at FTX and a one-time member of former CEO and convicted fraudster Sam Bankman-Fried’s inner circle, has requested that he serve no prison time for his role in the crypto exchange’s 2022 implosion.
2024-11-7 18:16 | |
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Prosecutors have requested that Ilya “Dutch” Lichtenstein, who pleaded guilty last year to the 2016 hack of crypto exchange Bitfinex, should spend five years behind bars for his crime.
2024-10-18 19:25 | |
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Polymarket traders are betting that former Alameda Research CEO Caroline Ellison would not serve time in prison. Hours before a judge was set to decide Ellison’s fate, users on the decentralized prediction platform Polymarket wagered over $153,670 on a market…
2024-9-23 19:44 | |
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Former FTX executive Ryan Salame faces a potential five to seven years in prison as prosecutors emphasize the gravity of his criminal activities. Federal prosecutors have recommended that former FTX executive Ryan Salame serve five to seven years in prison…
2024-5-23 11:34 | |
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U.S. prosecutors demanded “just punishment” fitting the scale of his crime, but Salame’s lawyers argue that he should serve no more than 18 months.
2024-5-22 10:27 | |
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According to a crypto lawyer, FTX founder Sam Bankman-Fried will spend his full sentence in prison.
2024-5-3 18:16 | |
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Cryptocurrency exchange Binance is under legal pressure in Canada and the Philippines, while U.S. prosecutors are demanding 36 months in prison for Changpeng Zhao.
2024-4-30 22:05 | |
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Federal prosecutors are pushing for a tougher 3-year prison term for Binance founder and former CEO Changpeng “CZ” Zhao in connection with his role in the global cryptocurrency exchange’s violation of sanctions and money laundering laws.
2024-4-24 17:36 | |
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Yesterday, U. S. prosecutors stated that Binance’s founder Changpeng Zhao should serve a prison sentence of 36 months for pleading guilty to violating laws against money laundering. Changpeng Zhao’s sentencing Zhao, also known as CZ, will face his sentence in Seattle on 30 April.
2024-4-24 16:37 | |
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The Department of Justice argues Binance founder Changpeng Zhao should serve 36 months in prison and pay a $50 million fine for violating US sanctions law. The post Changpeng Zhao could face a 3-year prison term as DOJ seeks to deter crypto crime appeared first on Crypto Briefing.
2024-4-24 09:43 | |
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Federal prosecutors have requested a prison sentence of 40 to 50 years for FTX founder Sam Bankman-Fried (SBF) following his conviction for conducting one of the most significant financial frauds in recent times through the misappropriation of over $8 billion of customer funds.
2024-3-16 23:14 | |
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Convicted fraudster Pablo Renato Rodriguez will also need to serve three years of supervised release after he finishes his 12 year imprisonment sentence.
2023-9-27 05:19 | |
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South Korean prosecutor Dan Sunghan says Kwon’s extradition to South Korea makes more sense but adds that the Terraform Labs co-founder could also serve time in the United States as well.
2023-6-8 08:10 | |
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Ishan Wahi must surrender by June 21 to serve his sentence at the Fort Dix Federal Correctional Institution in New Jersey.
2023-5-10 19:14 | |
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A Netherlands court has instructed Russian Tornado Cash developer Alexey Perstev to remain incarcerated till February 20. This injunction was made after the court discovered that Perstev’s release posed a more significant danger.
2022-11-23 01:45 | |
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Former Ethereum developer Virgil Griffith will serve TK YEARS in prison for helping North Koreans use cryptocurrencies to evade sanctions.
2022-4-12 19:28 | |
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While impersonating several famous people and companies through their Twitter accounts, the hacker Clark solicited their users to send bitcoin (BTC) to an address he controlled. “I am giving back to the community,” began one tweet from the account belonging to President Joe Biden.
2021-3-18 20:39 | |
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Graham Ivan Clark, the 18-year old Tampa man responsible for hijacking several high-level accounts last year and using them to ask for BTC payments, is going to serve three years in prison following a plea agreement.
2021-3-17 01:29 | |
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United States Department of Justice today sentenced Sohrab “Sam” Sharma, one of the founders of the ‘Centra Tech’ crypto project, to serve eight years for an “ICO fraud scheme.” AuthoritieThe post Centra Tech Inc co-founder sentenced to 8 years in prison for ICO fraud appeared first on AMBCrypto.
2021-3-6 01:30 | |
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UK resident from Nuneaton has been charged for importing illegal drugs bought with Bitcoin; he will now serve a two-year prison sentence. Authorities alleged that the resident named Dylan Bailey, who The post UK teen paid Bitcoin for ecstasy on dark web; faces 2 years in prison appeared first on AMBCrypto.
2021-2-12 00:30 | |
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Jose Angel Aman, charged with operating the fraudulent investment scheme, was sentenced to serve six years in federal prison and pay over $23 million in victim restitution by a federal court in Florida.
2020-12-10 00:56 | |
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A U. S. court in Seattle has sentenced a former Microsoft engineer to 9 years in prison after finding him guilty of 18 federal felonies relating to his elaborate scheme to defraud the tech giant $10 million.
2020-11-11 21:10 | |
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Justas Bieksa will have to serve nine years in prison after selling extremely dangerous drugs on the dark web
2020-1-29 22:42 | |
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A father and daughter have received a combined prison sentence of eight years after selling drugs in exchange for Bitcoin on the dark web. Brittany Nicole Green, sentenced to five years, and her father Gregory, who will spend three years behind bars, ran a mail-order drug operation from their home in Billings (Montana).
2019-10-4 12:51 | |
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The blockchain-mad CEO of online retailer Overstock has stepped down amid a confession that he was romantically involved with a suspected Russian spy. Overstock CEO Patrick Byrne issued a letter to shareholders yesterday explaining his decision.
2019-8-23 11:54 | |
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The operator of BitFunder and WeExchange will serve 14 months in prison after defrauding investors and misrepresenting a hack.
2019-7-13 21:59 | |
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By CCN: WikiLeaks Co-Founder Julian Assange has been sentenced to 50 weeks in jail by a UK court for violating bail conditions back in 2012 when he took refuge inside the Ecuadorian embassy as he feared being extradited to the U.
2019-5-1 21:00 | |
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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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The Tokyo District Court has found Mark Karpeles, the former head of now-defunct Bitcoin exchange platform Mt. Gox, guilty of record tampering but innocent on other charges related to embezzlement and breach of trust.
2019-3-16 22:01 | |
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A 20-year-old hacker is set to serve 10 years in prison after pleading guilty to cryptocurrency theft valued at $5 million
2019-2-2 23:36 | |
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One wouldn’t normally associate darknet usage with strengthening family ties. For a team of two US-based drug dealers, that situation is a bit different. This father-son team successfully sold drugs over the darknet for an extended period of time.
2018-12-11 19:25 | |
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In his recent prison interview with Tucker Carlson, Sam Bankman Fried maintained his innocence and expressed confusion as to why he was convicted of fraud. He argued that FTX was a legitimate service, and although there was a crisis, the company was still solvent.
Artificial intelligence startup Anthropic has secured $3.5 billion in its latest funding round, bringing its valuation to $61.5 billion. The round was led by Lightspeed Venture Partners, with participation from investors including Bessemer Venture Partners, Cisco Investments, D1 Capital Partners,…
A new survey suggests most FTX creditors will reinvest in crypto, but its Solana-heavy methodology casts doubt on broader market trends. The post Survey Claims Nearly 80% of FTX Creditors Will Reinvest in Crypto appeared first on BeInCrypto.
FTX creditors in several countries, China, Russia and Ukraine included, unable to participate in claims. The FTX bankruptcy estate is however said to be evaluating options. The FTX estate has begun its creditor repayments that could see more than $16 billion go to eligible creditors across the globe.
Crypto exchange Bybit said Friday that all liquidation data can now be accessible via its enhanced API. Bybit has made its liquidation data publicly available through an upgraded API, weeks after CEO Ben Zhou questioned CoinGlass’ Bitcoin liquidation estimates. In…
Defunct crypto exchange FTX will commence its next distribution on May 30, following initial repayment that started this week.
A scam group posing as FTX debt claimants defrauded two companies of more than $5.6 million, according to a new report from Inca Digital. The perpetrators allegedly used AI-generated identities and unauthorized access to bankruptcy records to execute the scheme.…