A new Russian crypto mining law mandates that miners declare their earnings or face jail time and forced labor. Meanwhile, the country has subsidized a mining facility in Siberia. Russia’s government ...
Tag: Jail
Randall Crater of My Big Coin Will Serve Eight Years in Jail
Randall Crater – the founder of defunct crypto business My Big Coin – was sentenced to eight years in prison for defrauding both customers and investors out of millions of dollars. Randall Crater Is H...
Private Citizens Urge Judge To Jail Bankman-Fried Before Fraud Trial
Topline In a handwritten note filed in court Tuesday, a retired Connecticut police officer chided the judge overseeing criminal proceedings against Sam Bankman-Fried for allowing the one-time billiona...
Konstantin Ignatov, the ex-boyfriend of ‘Crypto queen’ gets five years of jail
The world of cryptocurrency has been rocked by the scandal of the “Cryptoqueen,” who disappeared in 2017 after amassing a fortune through a fraudulent cryptocurrency called OneCoin. Her former boyfri...
Judge considers sending Sam Bankman-Fried to jail, here’s why
The federal judge overseeing SBF’s case is reportedly considering sending the former FTX CEO to jail. Prosecutors have argued that SBF violated the terms of his bail by attempting to influence witness...
Tornado Cash Developer To Remain In Jail As Trial Continues
The developer of Tornado Cash, Alexey Pertsev, looks set to remain in the custody of Dutch authorities until at least the next hearing of the ongoing trial, a Dutch court ruled. Authorities arrested ...
Coinbase Manager Faces up to 4 Years in Jail For Insider Trading
Former Coinbase product manager Ishan Wahi has pleaded guilty to two counts of conspiracy to commit wire fraud connected to an insider trading scheme at the U.S. exchange. In a Feb. 7, 2023 court hear...
Crypto firms could face 2 years jail for breaching UK advertising laws
Newly proposed advertising rules in the United Kingdom could potentially see executives of crypto firms face up to two years of prison for failing to meet certain requirements around promotion, accord...
Firms Unlawfully Advertising Crypto in UK Could Face Jail Time: FCA
Peddling crypto products in the UK? You’ll soon need authorization for that, says the country’s financial regulator. In a new statement from the Financial Conduct Authority (FCA), firms that do not f...
India’s crypto tax amendment could result in jail time for evaders
Join Our Telegram channel to stay up to date on breaking news coverage According to three lawyers, India has kept its rigorous crypto tax regulations from 2022 in 2023, while adding a potential punish...
Penalty and Jail Under Indian Budget 2023 for Failure to Pay TDS
3 hours ago | 2 mins read Blockchain News TDS penalty introduction has an effect on the crypto sector. The year 2022 is described as a “period of pain” for crypto in India. Indian Finance Minister, Ni...
‘Flash’ star Ezra Miller avoids jail with trespassing plea deal
Actor Ezra Miller arrives at the premiere of Warner Bros. Pictures’ ‘Justice League’ at Dolby Theatre on November 13, 2017 in Hollywood, California. Axelle/bauer-griffin | Filmmagic ...
Ex-CCP Official Apologizes for Supporting Crypto Miners: Xiao Is Facing Jail for Accepting Bribe
A former CCP member on a local channel apologized for his involvement. Xiao Yi had pleaded guilty to accepting over $1.8 million bribe. China stands second in BTC mining with 21%, following the US w...
SBF claims himself not guilty, faces up to 115 years in jail: Law Decoded, Jan. 2-9
Former FTX CEO Sam Bankman-Fried has pled not guilty to all criminal charges he’s facing, including wire fraud, securities fraud and violations of campaign finance laws. In total, the entrepreneur fac...
Bithumb Founder Acquitted of Fraud Charges, Dodges Jail Time
Bithumb founder Lee Jung-hoon, who was on trial for allegedly defrauding $70 million, was declared not guilty and dodged a hefty jail sentence. Local media reports confirmed that the executive was acq...
V Global Exchange Scam Executives Sentenced Upto Eight Years in Jail
Exchange News V Global was in business from July 2020 to April 2021. It attracted over 50,000 investors by offering returns of 300% and large bonuses. A total of six executives were sentenced to up to...
Crac FTX: SBF out of jail
Sam Bankman-Fried was arrested by Bahamian authorities a couple of weeks ago in connection with the FTX crash, whereas yesterday he was extradited to the United States, the question is, did he plead g...
FTX’s SBF Bags $250 Million Bail, Could Face up to 100 Years in Jail as Close Associates Plead Guilty ⋆ ZyCrypto
Advertisement     Following his extradition from Bahamas prisons, disgraced FTX boss Sam Bankman-Fried made his first appearance yesterday at the New York Southern Dis...
SBF received special treatment inside Bahamian jail: Report
Former FTX CEO Sam Bankman-Fried, who was remanded to the notorious Fox Hill Prison in Nassau, Bahamas, pending an investigation into the collapse of his exchange, had a different experience than many...
Alameda’s Caroline Ellison escapes potentially 110 years in jail via plea deal
One of the key witnesses on the ongoing FTX investigation could evade all the seven counts of allegations against her with a plea deal. Former Alameda Research CEO Caroline Ellison would be prosecuted...
OneCoin Frauder Faces 60-Year Jail Term
Join Our Telegram channel to stay up to date on breaking news coverage The co-founder of OneCoin, Karl Sebastian Greenwood, is now facing a 60-year jail term after pleading guilty to the charges invol...
Sam Bankman-Fried Ordered Back To Bahamian Jail In Surprise Twist
Topline Sam Bankman-Fried, the former billionaire crypto wunderkind now jailed in the Bahamas and facing a litany of criminal charges for alleged fraud, did not agree to extradition back to the U.S. a...
SBF reportedly dropped fight against extradition but sent back to jail after latest hearing
Crypto influencer Ben Bitboy Armstrong claimed that SBF was sent back to the Bahamas jail after his latest court hearing, putting an end to extradition rumors. Sam back to jail in the Bahamas. Wait un...
$4B OneCoin scam co-founder pleads guilty, faces 60 years jail
Karl Sebastian Greenwood, the co-founder of the multi-billion dollar fraudulent cryptocurrency scheme OneCoin has pleaded guilty to multiple charges brought forward by the United States Department of ...
SBF risks 115 years in jail, Binance’s FUD, and auditors quit crypto: Hodler’s Digest Dec. 11-17
Top Stories This Week FTX founder Sam Bankman-Fried arrested, set to be extradited to US Sam Bankman-Fried was taken into custody by the Royal Bahamas Police Force and is likely to stay there until Fe...
SBF to Remain in a Bahamian Jail for 2 Months, Report Claims FTX Execs Had a Covert Chat Channel Called ‘Wirefraud’ – Bitcoin News
On Tuesday, the former CEO of FTX, Sam Bankman-Fried (SBF), appeared in court with his newly appointed lawyer Mark Cohen, and his legal team asked the Bahamian judge Joyann Ferguson-Pratt to release S...
Sam Bankman-Fried To Spend Christmas In Jail After Bahamas Judge Denied Him Bail
Things are not looking good for Sam Bankman-Fried ahead of Christmas. Well, what’s there to be excited about when spending the Yuletide season behind bars now becomes a reality? Bankman-Fried, the bra...
“SBF Bought Political Influence,” Says US Rep; Will It Save Him Jail Time?
With the gradual unfolding of the high-pitched drama surrounding the FTX collapse and its founder Sam Bankman-Fried, the community stands divided on the various tactics exercised by SBF to gain promin...
Will Crypto Prices Recover Now Sam-Bankman Fried May Be Going to Jail?
Join Our Telegram channel to stay up to date on breaking news coverage After weeks of speculation, the United States Department of Justice (DoJ) has officially filed criminal charges against Sam Bankm...
How Much Jail Time For SBF If Convicted?
SBF Arrested Updates: Sam Bankman-Fried (SBF), former CEO of collapsed crypto exchange FTX was nabbed by the Bahamian authority. This major development comes after the U.S. prosecutors pressed crimina...
How Much Jail Time SBF Is Looking At If Convicted?
Sam Bankman-Fried (SBF), the former CEO of FTX, was detained in the Bahamas just as he was scheduled to give an online testimony on Tuesday before the US House Financial Services Committee. On Twitte...