Tag: prison
Former Binance CEO Changpeng Zhao Begins 4-Month Prison Sentence in California
Lompac II, where Zhao will serve his short sentence as inmate 88087-510, is a low-security prison in Santa Barbara County, on California’s central coa [...]
Former FTX Executive Ryan Salame Sentenced to 7.5 Years in Prison
“Ryan Salame agreed to advance the interests of FTX, Alameda Research, and his co-conspirators through an unlawful political influence campaign and th [...]
Former director of DanFX Trade gets prison sentence for fraud
Daniel Farook Ali, former director of DanFX Trade Pty Ltd, has been sentenced in the Brisbane District Court to seven years and three mont [...]
British-Chinese Money Launder Sentenced to 6 Years in Prison For Role in $6B Fraud: FT
Jian Wen, 42, who was alleged to have carrying out the laundering on behalf of her former boss, was found guilty in March.
www.coindesk.com [...]
FTX Fraudster Sam Bankman-Fried Being Transferred to New Prison: WSJ
The location of the new prison is undisclosed as of early Thursday, but is thought to be in California, WSJ said. He is likely to be placed in a mediu [...]
Court delays imposed after pressure on prison places
Government officials say the pandemic is partly to blame, because it led to an increase in the number of people being held in prisons for longer, awai [...]
Former FTX Exec Ryan Salame Asks for 18 Months in Prison
In filings, his attorneys argue that Salame’s role at the shuttered companies was less central to the fraud and more operational. They also cite coope [...]
For Markus Johnson, Prison and Mental Illness Equaled a Death Sentence
The downward spiral of one inmate, Markus Johnson, shows the larger failures of the nation’s prisons to care for the mentally ill.
www.nytimes.com [...]
How CZ's 'Good Guy' Reputation Secured 4-Month Prison Sentence
Judge Richard Jones said he spent the weekend pouring over the voluminous letters of support for the ex-CEO of Binance until the book they were contai [...]
Binance's CZ Will Spend Less Than a Year in Prison, Polymarket Traders Bet
Also, the CFTC wants to bar Americans from betting on elections – even though it's already illegal in most U.S. states.
www.coindesk.com [...]
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 [...]