The new proposed advertising rules in the UK could subject executives of crypto firms to up to two years in prison for failing to meet certain promotion requirements. Crypto firms would need either FC...
Tag: jailed
Jailed for Violating UK Advertising Rules, Says FCA
The United Kingdom Financial Conduct Authority (FCA) has warned of robust actions against firms not complying with its advertising laws. Crypto crimes and advertisements that potentially misguide inve...
Oxford PhD Student Jailed For Defrauding Investors Of $2.6 Million In Crypto
Cryptocurrency crimes are becoming prevalent and law enforcement agencies are on their toes to crack down on bad players and bring them to book. The British Royal Court recently sentenced a Ph.D. stu...
Oxford Fraudster Jailed as FBI Busts Ransomware Group
As an Oxford crypto fraudster is sentenced in the U.K., the FBI has infiltrated a global ransomware group. A former student at the Oxford University pleaded guilty to a single count of theft at Oxford...
AI, Binance Trouble and Bitzlato Boss Jailed
Crypto News: Here are the most popular stories from across the cryptosphere as featured in BeInCrypto this past week. Top 5 AI Crypto One of our most read stories over the last week dealt with a subje...
Four Jailed For $21 Million Crypto Fraud
Join Our Telegram channel to stay up to date on breaking news coverage Four people linked to the multi-million pound Bitcoin crypto fraud have been jailed, with reports saying they were involved in a ...
Masterminds Behind Massive Bitcoin Fraud Scheme Jailed
Alex Dovbnya Today marks bittersweet victory for victims of massive Bitcoin fraud scheme as four key figures involved in conspiracy were jailed On Tuesday, the Preston Crown Court handed down jail sen...
Former Coinbase manager’s brother jailed for insider trading
The brother of a former Coinbase manager, Nikhil Wahi, was sentenced to 10 months in prison on Jan. 10 for making trades based on confidential Coinbase information he acquired from his brother, Reuter...
Bosses of Fraudulent South Korean Crypto Exchange V Global Jailed
South Korean authorities appear to have tightened their control over the digital asset space. As such, two high-ranking execs, named Mr.Yang and Mr. Oh of the fraudulent crypto exchange, V Global, wer...
Executives from $1.5B South Korean crypto exchange fraud jailed
Six executives involved in the $1.5 billion (2 trillion won) South Korean crypto exchange fraud V Global have received prison sentences of up to eight years — but three were not detained so they could...
Bankman-Fried is ‘delusional’ and should be jailed, Mike Novogratz says
Sam Bankman-Fried is culpable for what happened at FTX, Galaxy Digital CEO Mike Novogratz says. According to Novogratz, Bankman-Fried helped perpetuate a massive fraud that’s seen fresh contagion hit ...
Galaxy Digital CEO Mike Novogratz says SBF should be jailed
Galaxy Digital CEO Mike Novogratz called the FTX debacle “a crisis of confidence” during an exclusive CNBC interview where he claimed the incident had created a deficit of trust across financial mark...
Two Criminals Jailed for Stealing From Bitcoin Investors in Dubai (Report)
Two robbers reportedly deceived an Asian investor and his friend with a fake bitcoin scheme and stole nearly $50,000, three phones, and documents from them. The Criminal Court sent the wrongdoers to j...
Wife Of Australian Engineer Jailed In Iraq Threatens Hunger Strike To Force His Release
Desree Pether and daughter Nala demand the release of Robert Pether from an Iraqi jail, during a … [+] protest outside the Iraqi embassy in London on November 22, 2022 Desree Pether The wife of ...
Man Jailed for Stealing $18,830 Worth of Crypto From Late Uncle’s Wallet
A young man has been sentenced to two years in prison for stealing crypto assets worth roughly £17,000 (approx. $18,830) from his late uncle’s wallet. According to a report by WalesOnline, the defenda...
Brazil’s jailed ‘bitcoin pharaoh’ will have to sit out next month’s election
A Brazilian court unanimously moved to prohibit “bitcoin pharaoh” Glaidson Acácio dos Santos from running for office because of his company’s alleged role in a pyramid scheme. Dos Sa...
A New Meme Coin Wants Do Kwon Jailed. Enter JailKwon
Key Takeaways JailKwon is a meme coin named after Terra’s leader, Do Kwon. The project says it plans to give one-to-one educational classes about crypto safety. The whitepaper claims that Kwon’s...
Dubai Gang Jailed for Stealing $462,800 From a Crypto Investor
A Dubai court has sentenced a gang of four to three years in prison. The convicts are in jail for assaulting and stealing about Dhs1.7 million (approx. $462,800) from a crypto investor based in Dubai,...
Crypto Scammer Who Defrauded League of Legends Developer Jailed for 10 Years
Alex Dovbnya Singaporean who stole identity of League of Legends founder to mine crypto has been jailed for 10 years Matthew Ho, a 32-year-old resident of Singapore, has been jailed for 10 years after...
CNN’s Documentary Of A Jailed Putin Critic Is An Urgent, Unforgettable Film
A scene from the CNN Films documentary “Navalny.” WarnerMedia/CNN Even if you already know the particulars of Russian opposition leader Alexei Navalny’s story — that he survived a Kremlin-...
Former Ethereum Developer Virgil Griffith Jailed For Role in North Korea Sanctions Evasion
Former Ethereum developer Virgil Griffith has been sentenced to more than five years in U.S. federal prison for helping North Korea evade sanctions. Griffith was arrested in 2019 and pleaded guilty la...
A Turkish Prosecutor Wants Missing Crypto Exchange CEO Jailed For 40,000 Years
A Turkish prosecutor wants to slap the founders and executives of the Thodex cryptocurrency exchange with what could be the harshest prison sentence of all time. Bloomberg reported Friday, citing Demi...
Turkey wants crypto scammer jailed for life
Turkish prosecutors are asking courts to jail suspected crypto scammers in the country for thousands of years, per available information. According to reports from local media, the suspects are part o...
Bitcoin miners fined RM75,000, jailed 14 days each for bribing TNB employee
Two men were arrested & jailed for 14 days Goh How Keong & Gan Tze Lee were fined RM 75,000 Rushan also ordered the forfeiture of RM83,380 Two men were imprisoned 14 days and fined RM75,000 e...
Venezuelan Devs Were Jailed for Hacking Exchange Tied to Controversial Petro. Blockchain Data Cleared Them
The Venezuelan court agreed to take a look at CipherBlade’s report. Based on the investigation’s findings, in January 2021, over a month after the developer duo were detained, the court granted Mendoz...