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Why was Ryan Salame given a sentence longer than prosecutors recommended?
28.5.2024
U.S. authorities had requested a judge impose a sentence of five to seven years on the former FTX Digital Markets co-CEO, but one ordered Ryan Salame to spend 90 months in prison
Prosecutors Push 5-7 Year Sentence For FTX Exec Ryan Salame
23.5.2024
U.S. prosecutors are pushing for a 5 - 7 year sentence for former FTX executive Ryan Salame on charges stemming from his time at Sam Bankman-Fried’s doomed crypto exchange, a new court filing reveals. Salame is the first executive of the exchange outside of Sam Bankman-Fried to be formally...
Prosecutors Recommend 5-7 Year Sentence for Former FTX Executive Ryan Salame
22.5.2024
Prosecutors have proposed a prison term of five to seven years for Ryan Salame, a former executive at FTX, ahead of his sentencing scheduled for May 28, 2024. This recommendation contrasts sharply with Salame’s legal team’s plea for a more lenient punishment of no more than 18 months. Clash Over...
Former FTX Executive Ryan Salame Seeks 18-Month Sentence, Citing Cooperation and Remorse
15.5.2024
Ryan Salame, a former executive at FTX who pleaded guilty to election fraud charges in September, is requesting leniency from the court in the form of an 18-month sentence.
The post Former FTX Executive Ryan Salame Seeks 18-Month Sentence, Citing Cooperation and Remorse appeared first on Cryptonews
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
CZ gets jail sentence, Gensler viewed Ether as security, and FBI targets mixers: Hodler’s Digest, April 28 – May 4
5.5.2024
CZ gets four months in prison, Gary Gensler had Ether as security for at least 1one year, and the FBI targets crypto mixers
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...
As CZ Gets His Sentence, Michael Lewis Should Rewatch 'Star Wars'
1.5.2024
He likened FTX's Sam Bankman-Fried to Luke Skywalker and Binance's Changpeng Zhao to Darth Vader. Federal judges saw it differently
Changpeng Zhao’s 4-month sentence a ‘general deterrence,’ says lawyer
1.5.2024
CZ’s charges are serious, justified, and “sent a message” to the industry that compliance “must be taken seriously,” says lawyer and RMIT lecturer Dr. Aaron Lane
How CZ's 'Good Guy' Reputation Secured 4-Month Prison Sentence
1.5.2024
Judge Richard Jones said he spent the weekend pouring over the voluminous letters of support for the ex-CEO of Binance until the book they were contained in literally fell apart
Changpeng Zhao four-month prison sentence lighter than expected
30.4.2024
Prosecutors initially sought to charge the former Binance executive with 36 months
Why the DOJ May Have Recommended a Three-Year Sentence for CZ
29.4.2024
Former Binance CEO Changpeng "CZ" Zhao now faces the genuine possibility that he'll spend three years in federal prison in the U.S. – well above the possible 18 months laid out in his plea agreement
US Prosecutors Seek 36-Month Sentence for Binance’s Changpeng Zhao Over Legal Violations
24.4.2024
Federal prosecutors have recommended a 36-month prison sentence for Changpeng Zhao (CZ), the cryptocurrency exchange Binance’s former CEO, for U.S. law violations. Prosecutors contend Zhao’s deliberate non-compliance facilitated massive unlawful transactions, impacting national security...
Binance Founder Changpeng Zhao Faces 3-Year Prison Sentence for Money Laundering
24.4.2024
US prosecutors are pushing for a 3-year prison sentence for Binance founder Changpeng Zhao, who is set to be sentenced on April 30 in Seattle.
The post Binance Founder Changpeng Zhao Faces 3-Year Prison Sentence for Money Laundering appeared first on Cryptonews
Former Ethereum Developer Virgil Griffith Seeks Sentence Reduction for Assisting North Korea with Blockchain Technology
18.4.2024
Former Ethereum developer Virgil Griffith, who was sentenced to 63 months in prison in 2022 for assisting North Korea in utilizing blockchain technology, has filed a request for a sentence reduction.
The post Former Ethereum Developer Virgil Griffith Seeks Sentence Reduction for Assisting North...
Sam Bankman-Fried Files Notice of Appeal, Challenges Conviction and Sentence
12.4.2024
Former FTX CEO Sam Bankman-Fried formally lodged an appeal against both his conviction and sentence with the District Court for the Southern District of New York (SDNY) on Thursday. Bankman-Fried’s legal representatives had anticipated this move, having previously requested that he remain at...
Judge to Sentence Former FTX Executive Ryan Salame in Late May
10.4.2024
Initially scheduled for May 1, the sentencing of Ryan Salame, former co-chief executive of FTX Digital Markets, has been deferred to May 28, 2024, in front of Judge Lewis Kaplan. Ryan Salame, Once FTX’s Co-Leader, Slated for May Sentencing Per the judicial records, Ryan Salame, once...
Legal Experts Explain Why Sam Bankman-Fried’s 25-Year Prison Sentence Is Fair
4.4.2024
Former FTX customers are finally able to take a sigh of relief knowing that Sam Bankman-Fried has been sentenced to 25 years in prison. Manhattan Federal Judge Lewis Kaplan issued the 25-year sentence to Bankman-Fried, while prosecutors pegged the FTX saga to be one of the biggest financial frauds...
Sam Bankman-Fried Issues First Statement Since Sentencing: “I Never Thought What I Was Doing Was Illegal,” ABC News Reports
2.4.2024
Former “king of crypto” Sam Bankman-Fried is speaking out following his sentencing last week - telling ABC News that he "never thought" his actions were against the law. The FTX founder is currently serving a 25 year prison sentence and must pay an $11 billion fine for his role in the now doomed...