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Bookmarking Crypto InsightsThu, 28 Jan 2021 23:00:51 +0000en-US
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3232US Court Sentences ICO Fraudster to 6 Months in Jail: Orders the Accused to Pay Over $4 Million in Restitution
https://www.digit.info/us-court-sentences-ico-fraudster-to-6-months-in-jail-orders-the-accused-to-pay-over-4-million-in-restitution/
Thu, 28 Jan 2021 23:00:51 +0000https://www.digit.info/2021/01/28/us-court-sentences-ico-fraudster-to-6-months-in-jail-orders-the-accused-to-pay-over-4-million-in-restitution/Read more]]>A U.S. court has sentenced Jerry Ji Guo, a resident of San Francisco, to an effective six months in prison for his role in a fraudulent initial coin offering (ICO). In addition to the prison term, the court ordered Guo to pay over $4 million in restitution. Further, Guo will also cooperate with the government […]
A U.S. court has sentenced Jerry Ji Guo, a resident of San Francisco, to an effective six months in prison for his role in a fraudulent initial coin offering (ICO). In addition to the prison term, the court ordered Guo to pay over $4 million in restitution. Further, Guo will also cooperate with the government […]