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…
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…
CZ gets four months in prison, Gary Gensler had Ether as security for at least 1one year, and the FBI targets crypto mixers. Source link
Key Takeaways Changpeng “CZ” Zhao, ex-CEO of Binance, receives a four-month prison term for inadequate anti-money laundering measures at the exchange; Despite recommendations for a three-year sentence, Judge Richard Jones issued a more…
Key Takeaways Sam Bankman-Fried’s attorney has filed a notice of appeal against his 25-year sentence and conviction on seven felony counts; The attorney has also requested to keep Bankman-Fried in a Brooklyn detention…
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…
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…