Former Binance CEO CZ Reports to Federal Prison

The former CEO of Binance has been sentenced to the relatively peaceful environs of Lompoc

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Crypto Fraudster Gets Slammed: Ex-Banker Gets 41 Years In Prison

In a landmark case highlighting the perils of unchecked cryptocurrency investments, Rashawn Russell, a former investment banker, has been sentenced to 41 months in federal prison. The Eastern New York District Court handed down the sentence after Russell pleaded guilty to wire fraud and identity theft, marking a significant crackdown on digital asset fraud. Related […]

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Former banker sentenced to 41 months for crypto fraud

Rashawn Russell, a former Deutsche Bank executive, also intended to commit fraud with stolen bank cards.

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Former FTX executive Ryan Salame sentenced to 7.5 years in prison

The first of Sam Bankman-Fried’s associates to plead guilty to criminal charges has been sentenced to 7.5 years in prison. This length exceeds the prosecutors’ request for Ryan Salame, a former FTX executive, to be imprisoned for five to seven…

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Former FTX exec Ryan Salame sentenced to 90 months in prison

Ryan Salame sentenced to 90 months in prison. Former FTX executive’s sentencing comes two months after former CEO Sam Bankman-Fried was sentenced to 25 years in prison. Former FTX executive Ryan Salame has been sentenced to 90 months in prison, the United States Attorney for the Southern District of New York Damian Williams has announced.

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Ex-FTX exec Ryan Salame sentenced to nearly 8 years, fined $11 million

Ryan Salame, former FTX executive, sentenced to 90 months for fraud and unlicensed money transmission, faces $11M in penalties. The post Ex-FTX exec Ryan Salame sentenced to nearly 8 years, fined $11 million appeared first on Crypto Briefing.

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Former FTX Executive Ryan Salame Sentenced to 7.5 Years in Prison

Salame's lawyers initially asked for 18 months.

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London Court Jails Former Fast Food Worker for $5.6 Billion Bitcoin Laundering Scheme

Jian Wen, sentenced for laundering $5. 6 billion in Bitcoin, exemplifies the global crackdown on cryptocurrency crimes and fraud. The post London Court Jails Former Fast Food Worker for $5.

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British-Chinese Money Launder Sentenced to 6 Years in Prison for Role in $6B Fraud: FT

Jian Wen, 42, who was alleged to have carrying out the laundering on behalf of her former boss, was found guilty in March.

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Changpeng Zhao teases writing project ahead of reporting to prison

On April 30, a judge sentenced the former Binance CEO to four months in federal prison but did not set a reporting date at his hearing.

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'Bitcoin Jesus' Roger Ver Arrested in Spain, Former Binance CEO CZ Sentenced to Months in Prison, XRP Advocate Exposes Key SEC Weakness: Crypto News Digest by U.Today

Take a look at the hottest crypto news from the last day of April in U.Today's news digest!

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Changpeng Zhao says crypto has entered new phase where ‘compliance is super important’

Former Binance CEO Changpeng Zhao said the crypto industry has entered the next phase where “compliance is super important. ” The convicted founder made this statement after being sentenced to four months imprisonment for breaking US compliance rules.

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U.S Court Jails Former Binance CEO Changpeng Zhao For Four Months

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Binance founder Changpeng ‘CZ’ Zhao sentenced to 4 months in prison

Former Binance CEO Changpeng Zhao has been sentenced to four months in prison, according to a report from Bloomberg on April 30. Zhao said during sentencing: “I failed here … I deeply regret my failure, and I am sorry.

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Changpeng “CZ” Zhao sentenced to 4 months in prison

Former Binance CEO Changpeng “CZ” Zhao has been sentenced to four months in prison for money laundering violations. The sentencing comes after Zhao pleaded guilty last November to failing to establish a proper anti-money laundering program at Binance, the largest cryptocurrency exchange by trading volume.

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BREAKING: Former Binance CEO CZ Behind Bars: Sentenced To Jail For 4 Months

In a significant development for the crypto industry, Changpeng Zhao, commonly known as CZ, the founder of Binance, the world’s largest cryptocurrency exchange, has been imprisoned for four months.

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Former Binance CEO Changpeng Zhao Sentenced to Four Months in Prison for Money Laundering Violations

Сообщение Former Binance CEO Changpeng Zhao Sentenced to Four Months in Prison for Money Laundering Violations появились сначала на Coinstelegram.

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Breaking: CZ Sentenced to Months in Prison

Former Binance boss CZ will spend four months behind bars

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Binance founder should be jailed for 36 months, US prosecutors say

Binance founder and former CEO Changpeng Zhao is expected to be sentenced on April 30 after pleading guilty to money laundering in November 2023.

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Former Amazon Engineer Sentenced for Hacking DeFi Protocols

Shakeeb Ahmed, a former Amazon engineer, was sentenced to three years in prison for hacking two cryptocurrency exchanges, leading to over $12 million in theft and significant financial restitution and forfeiture.

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Ex-Amazon engineer sentenced to 3 years in prison for $12m crypto hack

A former Amazon software engineer Shakeeb Ahmed was sentenced to three years in prison for exploiting smart contracts

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OneCoin Scammer Gets 4 Years Jail Sentence — Justice Served?

OneCoin, the cryptocurrency project that morphed into a notorious pyramid scheme, continues to cast a long shadow. Yesterday, Irina Dilkinska, the former head of Legal and Compliance for OneCoin, was sentenced to four years in prison by US District Judge Edgardo Ramos for her role in the multi-billion dollar scam. Related Reading: Move Over Gold, […]

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Sam Bankman-Fried Expresses Remorse for His Actions After Getting a 25-Year Prison Sentence

FTX founder and former CEO Sam Bankman-Fried has said "of course" he is remorseful for his actions after he was sentenced to 25 years in prison for fraud last week.

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Up by 23,300%? How FTX founder's sentence sparked memecoin frenzy

Former FTX CEO Sam Bankman-Fried was sentenced to 25 years in prison for fraud. Memecoins like Sam Baseman Fraud reflect the trend of topical-themed tokens. In a significant development, forThe post Up by 23,300%? How FTX founder's sentence sparked memecoin frenzy appeared first on AMBCrypto.

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Former FTX CEO Sam Bankman-Fried Sentenced to 25 Years in Landmark Fraud Case

Сообщение Former FTX CEO Sam Bankman-Fried Sentenced to 25 Years in Landmark Fraud Case появились сначала на Coinstelegram.

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Bankman-Fried sentenced to 25 years in prison

Sam Bankman-Fried has been sentenced to 25 years in prison.   FTX imploded in November 2022, with customers losing billions of dollars in assets. Sam Bankman-Fried, the founder and former CEO of collapsed crypto exchange FTX, has been sentenced to 25 years in prison.

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Sam Bankman-Fried sentenced to 25 years in prison

Sam Bankman-Fried has been sentenced to 25 years in prison for orchestrating the $8 billion fraud scheme that precipitated the collapse of the cryptocurrency exchange FTX. Following his conviction on seven counts of wire fraud and conspiracy in November 2023, the former billionaire entrepreneur received his sentence.

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Former FTX CEO Sam Bankman-Fried sentenced to 25 years in landmark fraud case

Sam Bankman-Fried, the former CEO of FTX, was sentenced to 25 years in jail today in a packed courtroom, marking a significant moment in the legal scrutiny of the crypto industry. He will be 57 years old when he is released.

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Sam Bankman-Fried Asks for 6.5 Year Prison Term After Conviction in FTX Collapse

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.

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Changpeng Zhao’s criminal sentencing postponed to late April

The sentencing date for the founder and former CEO of the largest crypto exchange, Binance, Changpeng Zhao, has been postponed. According to CNBC, the sentencing date has been pushed back to April 30.

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Montenegro extradites former Terraform Labs CFO to South Korea

According to an official notice, Montenegro has extradited Han Chang-joon, the former CFO of Terraform Labs, to South Korea following his arrest last year alongside Terra co-founder Do Kwon. Charged with using falsified travel documents, both individuals were sentenced to four months in prison by a Montenegro court.

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Binance Bitcoin Reserves Shed $200 Million Amid Ex-CEO’s US Detainment Threat

After the cryptocurrency exchange and its former CEO, Changpeng Zhao, entered a guilty plea to federal charges in the United States, Binance’s Bitcoin reserves were reduced by $200 million. Although CZ has paid his bond, prosecutors are attempting to have him stay in the US until he is sentenced. Based on on-chain data collected by […]

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Binance Founder Changpeng 'CZ' Zhao Released on $175M Bond, Will Be Sentenced in February

Binance founder and former CEO Changpeng "CZ" Zhao has been released from custody on a $175 million personal recognizance bond.

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Former US Congressman Charged With Insider Trading—Is Nancy Pelosi Next?

Former Indiana Congressman Stephen Buyer has been sentenced to 22 months in prison for insider trading. The conviction has refocused attention on potential insider trading by other high-profile figures.

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Judge Sends OpenSea Employee To Prison For NFT Insider Trading

The first case of NFT insider trading has come to a close as a US Judge has sentenced a former OpenSea employee to prison. OpenSea Head Of Products Arrested For Fraud Nathaniel Chastain, former Head of Products of OpenSea, the world’s largest non-fungible token (NFT) marketplace, has been condemned to three months in prison. The […]

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OpenSea former exec imprisoned for NFT insider trading

A former head of product at NFT marketplace giant OpenSea has been sentenced to prison and will forfeit the Ethereum (ETH) he gained from his insider trading activities.  In May, Nathanial ‘Nate’ Chastain was convicted of fraud and money laundering.…

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Former OpenSea exec sentenced to prison for insider trading

The executive bought 45 NFTs during June-September 2021 using different anonymous wallets prior to sale. He then resold them for more than $50,000. A federal judge sentenced former OpenSea The post Former OpenSea exec sentenced to prison for insider trading appeared first on AMBCrypto.

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Ex-OpenSea Exec Jailed in Landmark NFT Insider Trading Case

Former OpenSea product manager Nathaniel Chastain has been sentenced to three months in prison for exploiting his role for financial gain through insider trading of non-fungible tokens (NFTs). The post Ex-OpenSea Exec Jailed in Landmark NFT Insider Trading Case appeared first on BeInCrypto.

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OpenSea Insider Trading Scandal Sees Former Executive Convicted

Former OpenSea executive Nathaniel Chastain is sentenced for NFT insider trading. The article delves into the case details and its industry implications. The post OpenSea Insider Trading Scandal Sees Former Executive Convicted appeared first on NFT News Today.

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Why This Ex Bitcoin Supporter Faces Sentence For $20 Million Bribery Scandal In China

A former supporter of the Bitcoin mining industry and official in several of China’s regional government positions was sentenced by a court in the Zhenjiang Province. Xiao Yi was found guilty of abusing power and accepting over $20 million in bribes while serving as a public agent.

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Breaking: FTX founder Sam Bankman-Fried jailed for tampering with witnesses

Sam Bankman-Fried has been found guilty of violating bail conditions and as a result, has been sentenced to jail The former FTX CEO will be allowed to have access to the Internet in prison SThe post Breaking: FTX founder Sam Bankman-Fried jailed for tampering with witnesses appeared first on AMBCrypto.

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Crypto King Do Kwon Behind Bars: Sentenced To 4 Months In Montenegrin Jail

According to a Reuters report, Crypto entrepreneur Do Kwon, the former CEO of Terraform Labs, has been sentenced to four months in prison by a court in Montenegro for allegedly using forged passports.

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Do Kwon sentenced to 4 months in prison in Montenegro

Do Kwon was arrested in March as he tried to board a flight to Dubai. The Terraform Labs CEO is wanted in South Korea and in the US on charges related to the collapse of TerraUSD and Terra LUNA. Kwon was sentenced together with Han Chang-joon, the former CEO of South Korea-based payments app Chai.

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Do Kwon Guilty of Passport Forgery; Sentenced to 4 Months in Montenegrin Prison

Do Kwon, the founder and former CEO of Terraform Labs, and former chief financial officer of Terra, Han Chang-joon, has been found guilty of passport forgery and sentenced to four...

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Crypto Scammer and Former Terraform Labs CEO Do Kwon Sentenced to Jail

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.

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Former NFL co-owner sentenced to 6 years for crypto shadow bank scheme

Reginald Fowler, a former co-owner of the Minnesota Vikings and prominent figure in the NFL, has been handed a six-year prison sentence after being found guilty of running a "shadow bank" operation within the crypto industry.

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Ex-Coinbase Product Manager Gets Two-Year Prison Term For Insider Trading

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Coinbase ex-manager gets 2-year sentence for insider trading

The U. S. authorities sentenced Coinbase‘s former Product Manager to two years in jail for insider trading, according to Reuters. On May 9, 2023, the prosecutors decided Ishan Wahi’s sentence for participating in a scheme that involved “massive abuse” of Coinbase’s trust, the Reuters article noted.

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Former Coinbase manager gets sentenced to prison for insider trading

The main perpetrator of the Coinbase insider trading scandal was sentenced to 2 years in prison The convicted's brother was also sentenced to prison earlier this year, while the third accused iThe post Former Coinbase manager gets sentenced to prison for insider trading appeared first on AMBCrypto.

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