Man Sentenced to 8 Years in Prison for Stealing Nearly $7 Million of Crypto in Israel

Man Sentenced to 8 Years in Prison for Stealing Nearly $7 Million of Crypto in IsraelAfek Zard, a resident of Israel, has been sentenced to eight years in prison for embezzling a large sum of cryptocurrency that belonged to a friend of his. The man, who refused to cooperate with the investigation, will have to pay a hefty fine as well. Israeli Resident Sentenced for Cryptocurrency Theft The 27-year-old Zard […]

Go to Source

Powered by WPeMatico

Executives of Korean Exchange Sentenced to Jail for Faking Volumes

Executives of Korean Exchange Sentenced to Jail for Faking VolumesTwo executives of a South Korean cryptocurrency exchange have reportedly been sentenced to jail for inflating trading volumes on their exchange. The pair allegedly used a bot to fake large orders in both cryptocurrencies and Korean won. Also read: Indian Supreme Court Moves Crypto Hearing, Community Calls for Positive Regulations Prison Sentences Two executives of South […]

The post Executives of Korean Exchange Sentenced to Jail for Faking Volumes appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico