A federal judge has sentenced former Los Angeles County Sheriff’s Department deputy Scott Allen Simpkins to 18 months in prison on Monday …
sentence
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Regulation
Appeals Court Upholds Sam Bankman-Fried’s 25-Year Fraud Sentence in FTX Case: Report
by shayaanby shayaanA three-judge panel of the U.S. Court of Appeals for the Second Circuit has unanimously upheld Sam Bankman-Fried’s fraud conviction and 25-year …
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Regulation
Sam Bankman-Fried appeal denied as court backs 25-year sentence for FTX collapse
by shayaanby shayaanFTX’s co-founder Sam Bankman-Fried will stay in prison until 2044 after a federal appeals court upheld his fraud conviction on Friday, Reuters …
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Regulation
Ex-Celsius CEO files motion to vacate sentence after lawyers withdraw
by shayaanby shayaanAlex Mashinsky, the former CEO of defunct cryptocurrency lending platform Celsius, has filed a motion in a New York court to vacate …
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Smart Contracts
Celsius Founder Alex Mashinsky Files to Have 12-Year Crypto Fraud Sentence Vacated
by shayaanby shayaanIn short Celsius founder Alex Mashinsky has filed a motion to vacate his 12-year prison sentence. The former CEO of crypto lending …
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Novozhenov argues that despite lingering governance, security and regulatory hurdles that have shuttered several protocols, DeFi remains resilient. www.coindesk.com
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Mining
Illegal BTC mining duo share 14-year sentence as mining difficulty hovers near all-time high
by shayaanby shayaanChina has been sparing no effort in dealing with users involved in illegal Bitcoin mining activities. It recently hit two men in …
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Mining
New bill threatens 50,000 unregistered miners in Russia with fines and prison sentence
by shayaanby shayaanThe Russian government is now seriously going after thousands of people and companies mining cryptocurrency without registration. A bill bringing fines and …
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Markets
PGI Global CEO handed 20-year sentence for $200 million bitcoin, forex Ponzi scheme
by shayaanby shayaanInstead of investing in bitcoin and foreign currency trading, as promised, Palafox used new investor funds to pay old ones and siphoned …
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Regulation
Tornado Cash Developer Alexey Pertsev Released From Dutch Prison As He Appeals Five-Year Sentence
by shayaanby shayaanThe software developer who is behind bars because of his involvement in the crypto mixing protocol Tornado Cash will be conditionally released …