Federal prosecutors are calling for a prison sentence of five to seven years for former FTX executive Ryan Salame, who has been implicated in its multibillion-dollar collapse. His defense team asserts that his…
On April 30, a judge sentenced the former Binance CEO to four months in federal prison but did not set a reporting date at his hearing. Source link
The lawyers of Ryan Salame, a former executive of the bankrupt cryptocurrency exchange FTX, who pleaded guilty to his role in the firm’s collapse, have requested that a court sentence their client to…
Crypto billionaire Changpeng “C.Z.” Zhao took to Twitter hours after being sentenced to four months in prison in a Seattle courtroom to thank supporters and call out a “silver lining” to the months-long…
The Southern District of New York announced that Irina Dilkinska was sentenced to four years in prison by US District Judge Edgardo Ramos for her involvement in the extensive OneCoin fraud scheme. Dilkinska…
Key Takeaways Sam Bankman-Fried, former FTX CEO, has been sentenced to 25 years in prison for his role in the exchange’s collapse, facing seven felony charges. Despite SBF expressing regret and his defense…
Sam Bankman-Fried, founder of the FTX cryptocurrency exchange, has been sentenced to 25 years in prison by a judge in New York for orchestrating an $8 billion theft from FTX customers. 🚨 BREAKING:…
FTX founder Sam Bankman-Fried faces a potential 50-year prison sentence. Convicted in November for orchestrating what prosecutors have termed one of the “biggest financial frauds in American history,” Bankman-Fried’s downfall is a tale…
United States authorities have sentenced a CEO of an investment firm to prison for orchestrating a fraudulent crypto scheme. In the crypto scam, known as ‘cherry picking,’ he collected funds from investors for…
China’s Supreme Procuratorate has dealt a significant blow against illegal cryptocurrency operations by sentencing Zhao Dong, the founder of RenrenBit and a minor shareholder of Bitfinex, to a seven-year prison term. The prominent…
Two individuals from Arizona face serious charges for their involvement in a crypto investment scheme. Luis Ortega, 42, of Litchfield Park, and Jeremie Sowerby, 45, of Fountain Hills, were indicted by a federal…
FTX founder Sam Bankman-Fried was carted off to a detention facility in New York on Friday after his bail was revoked. His accommodations will be a far cry from his parent’s home on…
Crypto Twitter did not hold back Friday amid news that disgraced FTX founder and former CEO Sam Bankman-Fried’s bail had been revoked. He was remanded to jail by a federal judge due to…