The co-founder of a gigantic $4 billion crypto pyramid scheme is pleading guilty to money laundering and wire fraud charges, according to the U.S. Department of Justice (DOJ). Karl Sebastian Greenwood...
Tag: Prison
SBF returns to Bahamian prison as US extradition is postponed
Sam Bankman-Fried could be extradited to the United States today, but his sudden appearance in the court changed the game. Bloomberg initially reported that SBF was likely to be extradited to the US a...
$4B Co-founder Of OneCoin Fraud Pleads Guilty, Faces 60 Years In Prison
On the accusations of wire fraud and money laundering, the co-founder of the fraudulent scheme is scheduled to have his sentencing hearing in April of 2023. Karl Sebastian Greenwood, the co-founder ...
Crypto White Knight to Fight Rats in Prison Cell: SBF held at Fox Hill
The Bahamian authorities arrested SBF on December 12, 2022. SBF’s legal team declared to fight against extradition. The extradition hearing is scheduled on February 8, 2023. The “white knight” of the ...
Bahamas Corrections Commissioner Says FTX Co-Founder Bankman-Fried Is in ‘Good Spirits’ in the Prison Sick Bay – Bitcoin News
According to local reports, former FTX CEO Sam Bankman-Fried (SBF) is in “good spirits” and is being kept in the maximum security unit in the sick bay. SBF is held in custody at the Bahamas Department...
THIS is how much Sam Bankman-Fried will Spend in Prison!
Former FTX boss and founder Sam Bankman-Fried (SBF) has been arrested in the Bahamas and is now facing trial. Allegedly, he faces decades behind bars for his actions. What is the notorious FTX founder...
FTX’s Bankman-Fried faces ‘many many years in prison’
Ira Lee Sorkin, the lawyer who represented the perpetrator of the largest individual Ponzi Scheme, Bernie Madoff, has warned FTX founder Sam Bankman-Fried (SBF) might face an extended jail term if fou...
Sam Bankman-Fried In “Good Spirits” in a Rat-Infested Prison
Join Our Telegram channel to stay up to date on breaking news coverage Prison officials assert that Sam Bankman-Fried, the disgraced cryptocurrency entrepreneur who was the founder and former CEO of F...
SBF spent first night in prison in ‘good spirits’
FTX founder Sam Bankman-Fried spent his first night in prison “in good spirits,” the Nassau Guardian reported, citing Bahamas Acting Commissioner of Corrections Doan Cleare. The acting commissioner sa...
SBF’s Bahamian prison reported for ‘harsh’ conditions and ‘degrading treatment’ — US State Dept
After being denied bail in a Bahamas Magistrate Court, former FTX CEO Sam Bankman-Fried could spend up to two months in the country’s Fox Hill Prison, a facility with reported cases of physical abuse ...
Anonymous crypto developers belong in prison — and will be there soon
In the months following the announcement of my company’s first experimental title, Cyberstella, visits to my personal LinkedIn profile increased by an astonishing 300%. What does this tell us about th...
FTX Founder Sent to Prison
The co-founder and former CEO at failed crypto exchange FTX, Sam Bankman-Fried (SBF), was taken into custody by Bahamian authorities. According to recent reports, SBF was taken to one of the worst pri...
Bankman-Fried will sit in Bahamas prison until Feb. 8, 2023: Photos
TOPSHOT – FTX founder Sam Bankman-Fried (C) is led away handcuffed by officers of the Royal Bahamas Police Force in Nassau, Bahamas on December 13, 2022. – Disgraced cryptocurrency tycoon ...
Sam Bankman-Fried’s Prison Sentence Could Stretch to 115 Years
(Bloomberg) — Sam Bankman-Fried faces up to 115 years in prison if he’s convicted on all eight charges filed by the US Department of Justice on Tuesday — though he’s unlikely to be sentenced to ...
FTX Founder Faces Eight Criminal Charges to 115 Years of Prison
A day after FTX founder Sam Bankman-Fried was arrested by the Bahamian authorities, SBF has been denied bail by the judge. Soon after his arrest, SBF’s attorney requested to release his client after p...
SBF To Spend Christmas In Prison After Being Denied Parole By The Bahamas
On December 13, 2022, Bahamian authorities denied parole to Sam Bankman-Fried, also known as SBF, after he was charged by U.S. lawmakers with eight counts of financial fraud. As reported by Reuters, B...
Minneapolis Officer Who Kneeled On George Floyd’s Back Sentenced To 3.5 Years In Prison
Topline Former Minneapolis police officer J. Alexander Kueng, who kneeled on George Floyd’s back as then-Officer Derek Chauvin kneeled on his neck, was sentenced Friday to three-and-a-half years in st...
Brittney Griner Lands In U.S. After 10 Months In Russian Prison
Topline Basketball star Brittney Griner has returned to U.S. soil after months of captivity in Russia as part of a high-profile prisoner swap for a Russian arms dealer, ending months of diplomatic joc...
Elizabeth Holmes’ Business Partner Sunny Balwani Sentenced To 13 Years In Prison
Topline Disgraced Theranos executive Ramesh “Sunny” Balwani was sentenced to 13 years in prison Wednesday over his role in helping founder and then-girlfriend Elizabeth Holmes mislead investors about ...
Sam Bankman-Fried Could Go to Prison for a Very, Very Long Time
Here’s the thing: It seems impossible that FTX could have afforded those investments, along with its other vast expenditures, simply from three years of exchange revenue and its own venture capital in...
L.A. Man Faces 21 Years In Prison After Pleading Guilty To Shooting Lady Gaga’s Dog Walker
Topline A Los Angeles man who shot a dog walker working for singer Lady Gaga and stole her French bulldogs last year was sentenced to 21 years in prison as part of a plea agreement, the Los Angeles Co...
Michael Avenatti Sentenced To Another 14 Years In Prison For Fraud
Topline A federal judge sentenced former attorney and Trump foe Michael Avenatti to 14 years in prison Monday for embezzling clients’ money and violating tax laws, on top of five years of prison time ...
SIM swapper sentenced to 18 months in prison for his role in a $22 million cryptocurrency heist
Join Our Telegram channel to stay up to date on breaking news coverage Nicholas Truglia, of Florida, was sentenced to 18 months in prison on Thursday for his role in a fraud scheme that resulted in th...
Crypto scammer Nicholas Truglia sentenced to 18 months in prison
United States Attorney Damian Williams announced Thursday that Nicholas Truglia, a 25-year-old hacker, has been sentenced to prison for 18 months. Truglia was sentenced to jail by United States Federa...
South Korean crypto CEO faces 25 years in prison for murder
The CEO of a South Korean Crypto Exchange has been sentenced to 25 years in prison for murder. His appeal was rejected and the prison sentence has been imposed. Crypto CEO sentenced to prison for murd...
Billionaire Mike Novogratz Predicts Ex-FTX CEO Sam Bankman-Fried Will Go to Prison for Fraud
Galaxy Digital CEO Mike Novogratz is predicting that disgraced former FTX CEO Sam Bankman-Fried will face prison time for allegedly committing fraud. In a new interview with CNBC Squawk Box host Andre...
Nicholas Truglia served with 18-month prison sentence: Bloomberg
Nicholas Truglia, the 25-year-old hacker who last year pleaded guilty to conspiracy to commit wire fraud, now faces 18 months in prison, Bloomberg News reported. Truglia had been facing up to 63...
Accusation That FTX Misused Customer Funds Presents a ‘Prison’ Problem, Says Crypto Legal Expert Jeremy Hogan
Crypto legal expert Jeremy Hogan says that the possible misappropriation of user funds by disgraced crypto exchange FTX could amount to a criminal offense. Hogan tells his 243,300 Twitter followers th...
Billionaire Mark Cuban Reveals Crypto Outlook After FTX, Says Sam Bankman-Fried Should Fear Lengthy Stay in Prison
Shark Tank investor and Dallas Mavericks owner Mark Cuban remains long-term bullish on crypto despite the steep devaluation witnessed by the asset class this year. In a new TMZ interview, Cuban says t...
Former Silicon Valley Star Elizabeth Holmes Sentenced to Prison
Failed startup founder Elizabeth Holmes received a sentence of over 11 years for the fraud she perpetrated when she duped investors about the effectiveness of a blood testing company. Holmes was sente...
Elizabeth Holmes Sentenced To 11 Years In Prison For Fraud
Topline Failed Theranos founder Elizabeth Holmes was sentenced Friday to 11.25 years in prison after being convicted earlier this year of defrauding investors in her famed blood testing company that t...