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Nalezeno "jail": 281

Ex-Terraform Labs CFO Chang-joon Extradited to South Korea- What’s Going On?

5.2.2024
Han Chang-joon, the former Chief Financial Officer of Terraform Labs has been extradited to South Korea by Montenegrin Police after the completion of his jail term. A Feb 5 official release from the country’s police administration says Chang-joon has been extradited to South Korea citing a decision...

South Korean ‘Crypto Drug Dealer’ Jailed for 7 Years

25.1.2024
A South Korean court has sent a drug dealer who sold narcotics to crypto-paying “customers” to jail for seven years. Per the news agency Yonhap, the Criminal Division of the Busan District Court also ordered the unnamed individual – referred to by the media as “A” – to pay a fine of over $9,000....

OneCoin Crypto Scam: German Court Sentences Fraudsters to Jail

10.1.2024
Source: Svetoslav Radkov/Adobe Founders of the infamous OneCoin cryptocurrency scam have been sentenced to several years in jail by a German court. A German court in Münster on Monday handed down sentences to key accomplices involved in the OneCoin crypto fraud case. The couple Frank Ricketts...

Judge Kaplan Rejects Bankman-Fried’s Request for Sentencing Delay, Affirms March 2024 Date

21.12.2023
In a recent development in the high-profile case of Sam Bankman-Fried, the founder of the now-defunct crypto exchange FTX, a request for postponement of the sentencing hearing was firmly denied by U.S. District Judge Lewis Kaplan. Bankman-Fried’s legal team had sought a four to six-week...

Pokémon GO Shooting Lands Former City Mayor In Prison

14.12.2023
On December 11 the former mayor of a city in Pennsylvania was sentenced to prison for threatening and shooting at people playing Pokémon GO outside a community food bank last year. Read more

BTC Dev Wants to ‘Fix’ Ordinal Inscription ‘Exploit,’ Blackrock Updates ETF Filing, and More — Week in Review

10.12.2023
BTC developer Luke Dashjr wants to “fix” Bitcoin Ordinal inscriptions, as he views them as exploitative, dividing the crypto community. In other news, in a spot bitcoin exchange-traded fund (ETF) filing update, monolithic asset manager Blackrock has noted the possibility of BTC being...

Report: Bankman-Fried Struggles With Extortion Attempts Behind Bars in Brooklyn’s MDC

1.12.2023
Sam Bankman-Fried (SBF), previously a key figure in the crypto sphere, encountered a stark contrast to his past life at the Metropolitan Detention Center (MDC) in Brooklyn. Gene Borrello, a past mob enforcer for the Bonanno crime family, shared insights with journalist Tiffany Fong about the daily...

Philippines Securities Regulator Says Binance Is Operating Without a License

30.11.2023
Crypto exchange Binance is not a registered corporation in the Philippines hence its activities in the country are not above board, the Asian country’s securities regulator has said. The regulator warned of a possible jail term for individuals found enabling Binance’s activities in...

Report: Bankman-Fried Trades Mackerel for a Haircut, Shares Dorm With Ex-Honduran President

26.11.2023
Sources close to the situation have revealed that FTX’s founder, Sam Bankman-Fried, is adapting to his new life at the Metropolitan Detention Center in Brooklyn, New York. Insiders indicate that Bankman-Fried is becoming familiar with the prison’s unique economy, having reportedly...

Martin Shkreli Tells CZ ‘Jail Ain’t so Bad,’ Speculates About Sentence

25.11.2023
Martin Shkreli, also known as ‘Pharma Bro,’ directed his attention to former Binance CEO Changpeng “CZ” Zhao’s situation, with CZ having recently pleaded guilty to money laundering charges as part of a $4.3 billion settlement. “Jail ain’t so bad,”...

Fallen FTX Founder Sam Bankman-Fried Adopts Mackerel as New Currency, Gives Guards Crypto Tips

24.11.2023
Behind bars, Bankman-Fried has adopted mackerel packs as currency and advises guards on crypto amidst his legal turmoil over FTX’s collapse. Image by Fareed Mindalano, DALL-E 3. Sam Bankman-Fried, the disgraced founder of the failed cryptocurrency exchange FTX, has adapted to life behind bars...

It sounds fishy, but SBF really IS trading mackerel in prison: Report

24.11.2023
The former billionaire paid four “macks” for a haircut before his trial while staying at the Brooklyn Metropolitan Detention Center

Bithumb’s Ex-Chair Faces Eight-Year Jail Term as Prosecutors File Appeal

17.11.2023
source: gesrey/Adobe South Korean prosecutors have filed an appeal in the alleged fraud case involving Lee Jeong-hoon, the former chair of local cryptocurrency exchange Bithumb. According to the report from Seoul Economic Daily, prosecutors are once again advocating for an eight-year jail term...

South Korean Woman Avoids Jail After Stealing Ex-husband’s $1.3m Crypto Stash

15.11.2023
Source: moon/Adobe A South Korean woman who stole her ex-husband’s $1.3 million crypto stash has been handed a suspended jail sentence. Per Yonhap News, an unnamed woman aged 32 stole the coins from her ex-partner’s crypto wallet after the end of their common-law marriage. The 14th Criminal...

South Korean High Court Sentences Crypto Scammer to 9 Years in Jail

14.11.2023
Source: kwanchaift/Adobe A branch of the South Korean High Court has jailed a convicted crypto scammer who operated a bogus token trading platform for nine and a half years. Per Seoul Kyungjae, the case was heard at the Busan High Court (Ulsan Tribunal) on November 12. The scammer, unnamed...

Caroline Ellison, Gary Wang, and Nishad Singh Might Not be Jailed, Bankman-Fried Faces Decades in Prison: Bloomberg

3.11.2023
Three former close friends and colleagues of FTX co-founder Sam Bankman-Fried have testified against him, potentially leading to minimal jail time for themselves. Caroline Ellison, CEO of Alameda Research, Gary Wang, co-founder of FTX, and Nishad Singh, FTX engineering chief, were key witnesses...