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7 Indicted in $300,000 Queens Bitcoin Theft, Say Prosecutors


Seven individuals have been indicted for stealing over $300,000 in bitcoin from a Queens resident. The charges against them include grand larceny, money laundering, and identity theft, stemming from a lengthy investigation into a cryptocurrency wallet hack. Using advanced hacking techniques,...

Prosecutors Push 5-7 Year Sentence For FTX Exec Ryan Salame


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


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...

US Prosecutors Seek 5-7 Years for Former FTX Executive Ryan Salame


Prosecutors argue that former FTX executive Ryan Salame's crimes warrant a substantial prison term, beyond the 18 months previously requested by his lawyers, with sentencing scheduled for May 28. The post US Prosecutors Seek 5-7 Years for Former FTX Executive Ryan Salame appeared first on Cryptonews

Prosecutors in the US are contemplating 3 years imprisonment for Zhao


Prosecutors in the US strongly feel that the founder and ex-chief executive of Binance, Changpeng Zhao, deserves a three-year sentencing, as per a recent filing. In the opinion of the Department of Justice, Zhao’s illegal activities were intentional and deliberate. It was an act carried...

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