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Nalezeno "prison": 345

Russian Court Jails Finiko Crypto Scam Exec for Three Years

20.5.2024
A Russian court has sent a Finiko executive to prison for three years, after finding her guilty of helping to mastermind the biggest crypto scam in “post-Soviet history.” The post Russian Court Jails Finiko Crypto Scam Exec for Three Years appeared first on Cryptonews

Changpeng Zhao teases writing project ahead of reporting to prison

18.5.2024
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

Former Alameda Research CEO Sam Trabucco Defends FTX Exec Ryan Salame Ahead Of Sentencing

17.5.2024
Sam Trabucco, the once co-CEO of Alameda Research, has spoken out in support of FTX executive, Ryan Salame, ahead of his sentencing on May 28, an updated court filing reveals. Salame has largely kept out of the spotlight since FTX's collapse and is facing a maximum of 10 years in prison for...

Tornado Cash founder sent to prison, DeFi’s EU struggles: Finance Redefined

17.5.2024
The Tornado Cash developer has been detained in the Netherlands since August 2022 after the United States government blacklisted Tornado Cash

Ex-FTX exec Ryan Salame asks for no more than 18 months in prison

15.5.2024
The former FTX Digital Markets co-CEO pleaded guilty to two felonies and was one of the only figures connected with the defunct crypto exchange who didn’t testify at SBF’s trial

Former FTX Exec Ryan Salame Asks for Lenient 18 Months in Prison

15.5.2024
Attorneys for former FTX executive Ryan Salame are asking for 18 months in prison, citing his cooperation with authorities and remorse

Tornado Cash Developer Alexey Pertsev Sentenced to 64 Months in Prison by Dutch Court

14.5.2024
Alexey Pertsev was found guilty of money laundering $1.2 billion worth of crypto

Sam Bankman-Fried, Commodities Trader Behind Bars: Former FTX CEO’s Prison Life While Awaiting Appeal

10.5.2024
Sam Bankman-Fried, former FTX CEO, discusses prison life and maintains his innocence after a 25-year fraud sentence. The post Sam Bankman-Fried, Commodities Trader Behind Bars: Former FTX CEO’s Prison Life While Awaiting Appeal appeared first on Cryptonews

Woman Sentenced to 9 Years in Prison for Crypto-Funded Murder-for-Hire Scheme

10.5.2024
Michelle Murphy, 58, from Bedford, Texas, has been sentenced to nine years in federal prison for attempting to hire a hitman using bitcoin to kill her boyfriend’s lover. Charged in September 2023 and pleading guilty in December, Murphy used the dark web to orchestrate the crime, paying...

Taiwan Proposes AML Amendments, Seeks Jail Terms and Fines for Non-Compliant Crypto Service Providers

10.5.2024
In response to fraud and money laundering risks in the virtual asset landscape, Taiwan’s Ministry of Justice has proposed several amendments to the city’s existing AML laws, suggesting hefty fines and prison terms for non-compliant service providers. The post Taiwan Proposes AML Amendments, Seeks...

Binance Slapped With $4.3 Million Fine By Canada’s FINTRAC

9.5.2024
Crypto exchange Binance is facing a $4.3 million USD fine by the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) for violating terrorist financing and money laundering laws, the Canadian regulator announced Thursday. News of the fine comes just over a week after former...

Four months in prison for CZ, another US state kicks out Binance.US: Law Decoded

6.5.2024
While Changpeng “CZ” Zhao received a surprisingly moderate jail term, Oregon has become the sixth state to revoke, suspend or decline to renew Binance.US’ license

Here’s Why Binance’s Changpeng Zhao Got a ‘Pretty Light’ 4-Month Prison Sentence

3.5.2024
Zhao pleaded guilty to money laundering violations late last year. But the judge ultimately imposed a mere four months of prison time. The post Here’s Why Binance’s Changpeng Zhao Got a ‘Pretty Light’ 4-Month Prison Sentence appeared first on Cryptonews

Ukrainian Cybercriminal “Rabotnik” Sentenced to 13 Years for Orchestrating $700M Worth of Ransomware Attacks

2.5.2024
Yaroslav Vasinskyi, a Ukrainian national known as "Rabotnik," has been handed a prison sentence of 13 years and seven months for his role in ransomware attacks. The post Ukrainian Cybercriminal “Rabotnik” Sentenced to 13 Years for Orchestrating $700M Worth of Ransomware Attacks appeared...

Former Binance CEO CZ: I Will Do My Time — Crypto Industry Has Entered a New Phase

1.5.2024
Former Binance CEO Changpeng Zhao (CZ) has expressed his gratitude to the crypto community for their support following his four-month U.S. prison sentence for pleading guilty to money laundering charges. “I will remain a passive investor (and holder) in crypto. Our industry has entered a...

Changpeng Zhao gets 4 months, Sam Bankman-Fried gets 25 years — Why?

1.5.2024
One former CEO went to trial and maintained his innocence, one admitted fault and turned himself in

18 Years In Prison for NYC Woman Behind Bitcoin Terrorism Financing in Syria

1.5.2024
Victoria Jacobs, aka Bakhrom Talipov, was sentenced to 18 years in prison by a New York State court jury after being found guilty of funding Syrian terrorism through Bitcoin. The post 18 Years In Prison for NYC Woman Behind Bitcoin Terrorism Financing in Syria appeared first on Cryptonews