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Terra’s Do Kwon Receives 4-Month Jail Sentence in Montenegro for Counterfeit Passport Usage
19.6.2023
Montenegro’s court has determined that Do Kwon, the co-founder of Terraform Labs, is guilty of using a counterfeit Costa Rican passport. As a result, he has been sentenced to four months in jail for the offense. Do Kwon Sentenced to 122 Days in Prison, Defendant Has 8 Days to Appeal According...
Do Kwon Sentenced to 4 Months Jail in Montenegro Document Forgery Case
19.6.2023
The court has also ordered the confiscation of two Costa Rican passports, two Belgian passports and two identity cards belonging to Kwon and fellow Terra executive Han Chang-Joon
Korean crypto contagion, Bank of China on Ethereum, HK’s exchange red carpet: Asia Express
16.6.2023
Hong Kong lays out welcome mat for exchanges, Korean crypto lender contagion, Do Kwon banged up abroad, Bank of China’s Ethereum debt note
Former Minnesota Vikings Co-Owner Slapped With 75 Month Jail Term for Processing $750M Worth of Crypto Transactions
7.6.2023
U.S. Attorney’s Office for the Southern District of New York announced on June 5 that the former co-owner of Minnesota Vikings, Reginald Fowler, has been sentenced to 75 months in prison for processing more than $700 million of unregulated transactions on behalf of crypto exchanges. Folwer...
Do Kwon to Be Released on €400,000 Bail, Pleads Not Guilty in Montenegro
12.5.2023
Terraform founder Do Kwon will be released from jail but placed under police surveillance at a local residence, a Montenegrin court has decided. The trial against him and another Korean, on charges of travelling on false documents, opened on Thursday with both pleading not guilty. Court Grants Bail...
Former Coinbase Employee Seeks to Limit Jail Term to 10 Months in Insider Trading Case
26.4.2023
Ishan Wahi faces a sentencing hearing on May 9 after admitting he’d revealed details of forthcoming crypto listings to his brother
Magic: The Gathering YouTuber Says Pinkerton Threatened Him With $200k Fines, Jail
25.4.2023
Yesterday, Kotaku reported that Magic: The Gathering maker Wizards of the Coast had sent Pinkerton detectives after a YouTuber after he had erroneously purchased an upcoming booster box for the collectible card game ahead of its release date. Today, the streamer revealed more details about exactly...
Nintendo 'Hacker' Will Be Punished For The Rest Of His Life
18.4.2023
In February 2022 Gary Bowser, a member of the hacking operation Team Xecuter—a long-time target of Nintendo’s lawyers—was sentenced to 40 months in prison for his part in helping run a business that reportedly earned him over $300,000.Read more
Terra co-founder Do Kwon's jail time in Montenegro will be harsh: Report
30.3.2023
Now in custody in Montenegro, Do Kwon could be facing "at least a year" behind bars as the country considers extradition requests, according to one criminal defense lawyer
Tornado Cash Developer is in Jail But There Are Hints of a Comeback for the Crypto Mixer Regulators Hate
27.2.2023
Tornado Cash developer Alexsey Pertsev remains in jail after facing money laundering charges for creating the mixing service, but a recent tweet by Ameen Soleimani, the co-founder of SpankChain and Reflex Labs, suggests the crypto mixing service could soon have its comeback despite the legal woes...
Tornado Cash Developer to Stay in Jail as Dutch Trial Continues
15.2.2023
Tornado Cash developer Alexey Pertsev was arrested in the Netherlands in August shortly after the U.S. sanctioned the crypto privacy tool
Crypto firms could face 2 years jail for breaching UK advertising laws
7.2.2023
Crypto firms in the United Kingdom could face some harsh punishments under the FCA's proposed financial promotions regime
UK Financial Regulator Warns Crypto Firms of Jail Time for Unauthorized Ads
6.2.2023
Rules aren’t set in stone but will mirror those for other high-risk investment, the Financial Conduct Authority said
My Big Coin Founder Gets 8-Year Jail Sentence for Fraud
1.2.2023
Randall Crater, 52, was convicted in July of defrauding investors of more than $6 million
U.K. Man Sentenced to 4 1/2 Years in Jail for Stealing $2.5M in Crypto
27.1.2023
Wybbo Wirsma, a Dutch native who lived in the U.K., was under investigation for five years until he pleaded guilty in an Oxford court on Thursday
Disgraced FTX Co-Founder Awaits Trial, Passes Time Playing Video Games and Blogging on His New Substack Newsletter
13.1.2023
The former CEO of FTX, Sam Bankman-Fried (SBF), has published a Substack newsletter on Jan. 12, 2023, and the first post is titled “FTX Pre-Mortem Overview.” In the post, SBF maintains that an “extreme, quick, targeted crash precipitated by the CEO of Binance made Alameda...
Head of S Korea’s V Global Crypto Exchange Will Serve 25 Years in Jail for $2.3bn Fraud
13.1.2023
The CEO of a bogus South Korean crypto exchange that tricked some 50,000 customers out of a total of $2.3 billion will spend the next 25 years behind bars – after the Supreme Court found him guilty of fraud.
Yonhap reported that the Supreme Court dismissed an appeal from the CEO of the V Global...
Internet Misogynist Andrew Tate Back In Custody Following Brief Hospital Visit
10.1.2023
Self-professed misogynist and noted internet jackass Andrew Tate is back in Romanian custody after a short reported stint in the hospital. Although rumors are flying every which way, it appears Tate has “certain medical problems” that constituted a doctor check-up, according to a quote from CNN’s...
SBF claims himself not guilty, faces up to 115 years in jail: Law Decoded, Jan. 2-9
9.1.2023
The entrepreneur faces eight criminal counts, which could result in 115 years in prison should he be convicted
South Korean Prosecutors Fail in Bid to Jail Ex Bithumb Boss
4.1.2023
South Korean prosecutors have been thwarted in their efforts to send the former head of the crypto exchange Bithumb to prison for eight years.
Per TVChosun, a branch of the Seoul Central District Court acquitted Lee Jung-hoon on fraud charges. Lee had been accused of wrongdoing in a case dating...