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News for tag: "prison"
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SafeMoon CEO Sentenced: 8 Years in Prison for Crypto Fraud and Investor Losses
10.02.2026 23:48
John Karony, the former CEO of the SafeMoon cryptocurrency project, has been sentenced to 51 months in prison for conspiracy to commit securities fraud and wire fraud. The sentencing, handed down by a...
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Fugitive Extradited and Sentenced to 20 Years in U.S. for Massive $73 Million Cryptocurrency Scam
10.02.2026 13:48
A foreign national, who was a fugitive, has been sentenced to 20 years in a U.S. federal prison for orchestrating a sophisticated cryptocurrency scam that defrauded investors of approximately $73 mill...
Bearish
Southern Utah Man Gets 3 Years Prison for Crypto Wire Fraud Scheme Involving Digital Assets
16.01.2026 13:48
A federal court has sentenced a man from Southern Utah to three years in prison for orchestrating a wire fraud scheme connected to cryptocurrency investments. The scheme defrauded multiple victims by ...
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Bitfinex Hacker Ilya Lichtenstein Released Early Due to Trump\'s First Step Act
02.01.2026 22:18
Ilya Lichtenstein, the hacker involved in the massive 2016 Bitfinex breach, has been granted early release from prison. He attributes his reduced sentence to the First Step Act, a criminal justice ref...
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Governor Newsom Criticizes Trump\'s Support for Convicted Crypto Figures CZ and Ross Ulbricht
18.12.2025 00:48
California Governor Gavin Newsom has publicly criticized former President Donald Trump for associating with convicted individuals from the cryptocurrency sector. Newsom specifically highlighted Trump\...
Bearish
Do Kwon Terraform Labs Sentenced: 15 Years Prison for LUNA & UST Crypto Fraud
12.12.2025 01:18
Do Kwon, the co-founder of Terraform Labs, has been sentenced to 15 years in prison. The sentencing follows his conviction on multiple fraud charges related to the catastrophic collapse of the Terra e...
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Samourai Wallet Co-Founder Receives 4-Year Prison Sentence for Illegal Crypto Money Transmitting
20.11.2025 02:18
Samourai Wallet co-founder Bill Hill has been sentenced to 4 years in federal prison for operating an unlicensed money transmitting business. The cryptocurrency mixing service facilitated over $2 bill...
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Samourai Wallet Co-Founder Sentenced to 5 Years Prison for Illegal Bitcoin Money Transmitting
06.11.2025 20:18
The co-founder of cryptocurrency mixing service Samourai Wallet has been sentenced to five years in prison for operating an unlicensed money transmitting business. The sentencing marks a significant e...
Bearish
Appeals Court Skeptical of Sam Bankman-Fried\'s Unfair Trial Claims in FTX Case
04.11.2025 22:21
A federal appeals court appeared unconvinced by former FTX CEO Sam Bankman-Fried\'s arguments that he received an unfair trial. During oral arguments, the three-judge panel questioned Bankman-Fried\'s...
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White House Denies Involvement in Heather Morgan Prison Release - Bitcoin Case Update
28.10.2025 20:51
The White House has officially denied any involvement in the early prison release of Heather \"Razzlekhan\" Morgan, the convicted Bitcoin money launderer. Morgan, known for her rapper alias Razzlekhan...