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Former FTX CTO Gary Wang Won’t Have To Serve Prison Time, Judge Rules
20.11.2024
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
FTX Co-Founder Appeals to Escape Prison Time, What’s Next?
7.11.2024
FTX co-founder Gary Wang has asked a federal judge to avoid imposing a prison sentence on him ahead…
FTX's Nishad Singh Gets No Prison Time for Role in Crypto Exchange Collapse
30.10.2024
Singh is the fourth FTX executive to be sentenced for his role in the fraud
DOJ Targets Crypto Exchange Accused of Silk Road Money Laundering, Operator Faces Prison Time
28.10.2024
A crypto exchange tied to Silk Road and alleged money laundering schemes now has its operator facing serious federal charges and prison time. Silk Road Connections Resurface as DOJ Targets Crypto Tycoon in $30M Scandal The U.S. Department of Justice (DOJ) announced on Monday that a federal grand...
Binance’s CZ Announces First Public Appearance Post Prison Time
10.10.2024
Binance founder Changpeng Zhao, widely known as “CZ,” is set to make his first public appearance since being…
FTX Trial: Experts Reveal Why Caroline Ellison May Escape Prison Time
24.9.2024
Caroline Ellison, the former CEO of Alameda Research and a key figure in the downfall of FTX, will…
Bitcoin Investor Faces Prison Time for Underreporting Crypto Gains
15.9.2024
A bitcoin investor has pleaded guilty to underreporting his cryptocurrency gains, including $3.7 million from BTC sales, resulting in a tax loss to the Internal Revenue Service (IRS) of over $550,000. The Department of Justice emphasized that taxpayers must accurately report crypto transactions...
Bitcoin ETFs may face hacker threats, Ellison seeks no prison time, and more: Hodler’s Digest, Sept. 8 – 14
15.9.2024
Caroline Ellison’s lawyers say she “poses no threat to public safety” and Bitcoin ETFs attractive to hackers due to the “potential payout.”
Bitcoin ETFs may face hacker threats, Ellison seeks no prison time, and more: Hodler’s Digest, Sept. 8 – 14
15.9.2024
Caroline Ellison’s lawyers say she “poses no threat to public safety” and Bitcoin ETFs attractive to hackers due to the potential payout
Former FTX Exec Ryan Salame Gets 7.5 Years In Prison
28.5.2024
Former FTX executive and Sam Bankman-Fried associate Ryan Salame has been sentenced to 7.5 years in prison for criminal charges stemming from his time at the crypto exchange following a Tuesday morning hearing at Manhattan federal court.
The post Former FTX Exec Ryan Salame Gets 7.5 Years In Prison...
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
How Many Years Will Sam Bankman-Fried Get In Prison, Really?
22.3.2024
Set to be sentenced next week, disgraced FTX founder Sam Bankman-Fried is facing charges that carry a total maximum penalty of over 100 years in prison. Former U.S. Assistant Attorney and white-collar crime expert Kevin J. O'Brien weighs in on the FTX estate and Bankman-Fried's prison time.
The...
Sam Bankman-Fried Asks Court to Cut Prison Time to 63-78 Months
28.2.2024
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
SBF-Connected Billionaire Joe Lewis Pleads Guilty to Insider Trading Charges
25.1.2024
Billionaire Joe Lewis, who has connections to FTX founder Sam Bankman-Fried, pleaded guilty to insider trading charges in Manhattan federal court on Wednesday. Lewis is facing extensive prison time Lewis pleaded guilty to one count of conspiracy to commit securities fraud and two counts...
Matrixport: Binance Plea Deal Boosts Approval Odds for Bitcoin Spot ETF
22.11.2023
Source: AdobeStock / JorgeEduardo Binance CEO Changpeng Zhao has entered a guilty plea, agreeing to a $50 million fine, while Binance itself is set to pay a $4.3 billion penalty. CZ’s sentencing hearing is scheduled for February 23, 2024, where he may face prison time of up to 18 months. This comes...
Former SEC Official Urges DOJ Action Against Crypto Industry — Says Crypto Grifters Need Threat of Prison Time
26.9.2023
The U.S. Securities and Exchange Commission’s former head of internet enforcement has called on the U.S. Department of Justice (DOJ) to prosecute more crypto firms. “The stark reality is that the SEC is merely a civil enforcement agency. And until crypto-grifters face the threat of...
Brit Gets Prison Time for Twitter Hack Impersonating Biden, Buffett in Bitcoin Scheme
26.6.2023
A U.K. citizen has been sentenced by а New York court to five years in prison for his role in a Twitter hack including the hijacking of accounts of U.S. political and business figures. The man is also responsible for the theft of large amounts of cryptocurrency in a SIM swap attack. Hacker Goes...
Prison Time, Scam Entity, ETF Attempts, Mini FBI and 20 Crypto Jokes
24.6.2023
Read More: Prison Time, Scam Entity, ETF Attempts, Mini FBI and 20 Crypto Jokes
Buying a car with Bitcoin gets $3.7M fine, prison time in Morocco
11.5.2023
The Casablanca Court of Appeal upheld the conviction of 21-year-old French citizen Thomas Clausi for illegal use of cryptocurrency
Revised Bill Suggests Prison Time for Russian Crypto Miners Evading Taxation
12.3.2023
A draft law designed to regulate crypto mining in Russia introduces harsh penalties for miners failing to report digital assets to the state. In its latest revision, the bill also threatens to punish those who organize illegal trading of cryptocurrencies with imprisonment and hefty fines. Forced...