Tag: prison
Jebara Igbara, AKA ‘Jay Mazini,’ Sentenced to 7 Years in Prison for Crypto Fraud Targeting Muslims
Jabara Igbara, also known as “Jay Mazini,” who claimed to be a crypto millionaire on Instagram, was sentenced by U.S. District Judge Frederic Block to [...]
Binance Founder Changpeng Zhao Should Spend 3 Years in Prison, DOJ Says
Attorneys with the U.S. Department of Justice and former Binance CEO Changpeng Zhao filed their sentencing memos on Tuesday night.
www.coindesk.com [...]
Crypto Hacker Sentenced to 3 Years in Prison for Stealing Over $12M From Solana-Based Exchanges
"No matter how novel or sophisticated the hack, this Office and our law enforcement partners are committed to following the money and bringing hackers [...]
OneCoin Compliance Chief Sentenced to 4 Years in Prison for Role in $4B Ponzi Scheme
OneCoin’s co-founders, Bulgarian national Ruja Ignatova and joint U.K. and Swedish citizen Karl Greenwood, promoted the fictitious cryptocurrency – wh [...]
Tougher Security Measures Are Causing Upset at Guantánamo Prison
An effort to unshackle a detainee during legal meetings has put a spotlight on simmering tensions in the Pentagon’s secretive prison.
www.nytimes.com [...]
After Getting a 25 Year Prison Sentence, Sam Bankman-Fried Now Feels Remorse for FTX and his Actions
“I’m haunted, every day, by what was lost. I never intended to hurt anyone or take anyone’s money. But I was the CEO of FTX, I was responsible for wha [...]
SBF Is Going to Prison for 25 Years
With trial by combat out of the question (at least, for now), Bankman-Fried will have to serve his time the old-fashioned way. Kaplan did take his aut [...]
Sam Bankman-Fried Deserves a Life After Prison
He did incalculable harm, but arguing for a sentence longer than 25 years is unfair to the man and the industry he once represented.
www.coindesk.com [...]
Do Kwon Released From Montenegrin Prison on Bail; Terraform Labs’ Civil Trial Begins in NYC
Both countries want to try Kwon on criminal charges, including fraud, tied to the $40 billion collapse of the Terra ecosystem in May 2022. After the T [...]
U.S. Government's Legal Precedents Don't Support Lengthy Prison Term, Bankman-Fried's Defense Argues
Sam Bankman-Fried's lawyers have pushed back against the U.S. government's sentencing memo which makes the case for why it thinks the former FTX CEO s [...]
Does Sam Bankman-Fried Deserve 50 Years in Prison?
The stage is set for a federal judge to determine how long Sam Bankman-Fried may spend in prison. The U.S. Department of Justice and defense attorneys [...]
Sam Bankman-Fried Should Spend 40-50 Years in Prison, DOJ Says
In a sentencing memo filed Friday, the Department of Justice's Southern District of New York office wrote that Bankman-Fried "lied to investors," shar [...]
Appeals Court Denies Peter Navarro’s Motion to Remain Out of Prison
The order on Thursday left Mr. Navarro on track to begin a four-month sentence next week for ignoring a congressional subpoena.
www.nytimes.com [...]
Sam Bankman-Fried Doesn’t Want to Go to Prison for 100 Years
"[Bankman-Fried's] personal assets are gone," the memo said. "Insufficient funds remain even for payment of a fine … Legal proceedings will follow him [...]
Sam Bankman-Fried Asks Court to Cut Prison Time to 63-78 Months
Former FTX boss Sam Bankman-Fried (SBF), found guilty of fraud last year and due to be sentenced next month, has asked the court for a 'just' sentence [...]