Ex-fintech CEO sentenced to 3.75 years over price manipulation scheme
A federal judge in Florida recognized the HYDRO token as an investment contract qualifying as a security under SEC guidelines. Go to Source
Crimes
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US prosecutors oppose Ethereum dev’s motion to reduce 5-year sentence
In April 2022, a judge sentenced Virgil Griffith to 63 months in prison for violating U.S. sanctions on North Korea. Go to Source
FTX victims go after company’s assets from criminal forfeiture
Though Sam Bankman-Fried is currently serving a prison sentence, affected FTX customers and creditors are making claims on the firm’s assets, which are still worth millions. Go to Source
Bitcoin is no ‘silver bullet’ for money’s ethical problems
Both Bitcoin and fiat currency are often in the firing line over ethical concerns, with a dedicated group of defenders and critics. Go to Source
Roger Ver gets bail in Spain, faces extradition to the US
Early crypto investor Roger Ver, known by many as “Bitcoin Jesus,” was granted bail in Spain but still faces extradition to the U.S. for tax fraud charges. Go to Source
Consensus 2024: Reacting to Trump verdict during crypto conference
Digital asset regulation and policy were at the center of discussion for many panels at the crypto event when news of Donald Trump’s 34 felony convictions broke. Go to Source
Sam Bankman-Fried is back in NYC prison for his appeal
The former FTX CEO spent roughly a week at the Federal Transfer Center in Oklahoma City, with many speculating authorities planned to send him to a California prison. Go to Source
Why was Ryan Salame given a sentence longer than prosecutors recommended?
U.S. authorities had requested a judge impose a sentence of five to seven years on the former FTX Digital Markets co-CEO, but one ordered Ryan Salame to spend 90 months in prison. Go to Source
Former FTX exec sentenced to 7.5 years in prison after guilty plea
After Sam Bankman-Fried, Ryan Salame is one of the first individuals connected to FTX and Alameda Research to receive prison time. Go to Source
Do Kwon’s extradition to go back to Montenegro High Court after appeal
Since his arrest in March 2023, Do Kwon has been in Montenegro. He could be extradited to either his native South Korea or the United States to face fraud charges. Go to Source
