Crypto CEO Bags Record Breaking Prison Sentence For $2 Billion Theft
Former CEO Faruk Fatih Özer of the bankrupt Turkish crypto exchange Thodex has been given a record-breaking prison sentence for stealing $2
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Prison
Turkey sentences Thodex founder to over 11,000 years in prison
Turkish crypto exchange Thodex’s founder and his two siblings face over 11,000 years in jail each after being convicted of fraud, money laundering, and running a criminal organization. A Turkish court sentenced Faruk Fatih Ozer — the man behind Thodex, a crypto exchange that went bankrupt in 2021 — to 11,196
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11,196 Years in Prison For Faruk Özer, CEO of Collapsed Turkish Crypto Exchange Thodex
Faruk Fatih Özer, the founder of the collapsed Turkish crypto exchange Thodex, his sister Serap Özer and his brother Güven Özer have been sentenced to 11,196 years, 10 months and 15 days in prison. Source
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Australian facing up to 25 years in prison for buying drugs using crypto
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied A Western Sydney man was charged for allegedly attempting to import a variety of illicit drugs, purportedly by acquiring them on the deep web with crypto. According to an Aug. 29 Australian Federal Police announcement, the 23-year-old
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Sam Bankman-Fried's Allotted Prison Tech Is Inconvenient, but Fair: U.S. DOJ
Federal prosecutors say the FTX founders' access to technology in pre-trial detention goes "above and beyond '' that which other defendants have been offered. Source
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Deep web drug vendor misusing crypto faces 96 years in prison
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied 32-year-old New York man James Charles Rivera was sentenced to 96 years in a federal prison for selling steroids for crypto on a deep web black market. A press release published by the United States Department of
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China sentences former party official to life in prison for enabling crypto mining
Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The Hangzhou Intermediate People’s Court has convicted a former Chinese party official, Xiao Yi, for abuse of power and bribery. Xiao Yi has received a life imprisonment sentence. Officials clarified that he misused his authority to support
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OpenSea manager accused of insider trading sentenced to 3 months in prison, $50K fine
A federal judge has sentenced former OpenSea product manager Nathaniel Chastain to three months in prison for wire fraud and money laundering related to insider trading on the platform.In an Aug. 22 announcement from the United States Department of Justice, U.S. Attorney Damian Williams said Chastain had been sentenced to three
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Ex-OpenSea Executive Nate Chastain Gets 3 Months in Prison for Insider Trading
Chastain, 33, was convicted of fraud and money laundering in federal court in New York in May. The conviction marked the end to what prosecutors called the first prominent NFT insider trading case. Chastain reaped more than $50,000 by buying and selling at least 45 NFTs he knew would be
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Chinese man sentenced to 9 months in prison for buying $13K in USDT
An individual, identified only as “Mr. Chen,” has been convicted by the Fuzhou Mawei People’s Procuratorate on charges of “offense of concealment and concealment of crime” for purchasing 94,988 Chinese yuan ($13,067) worth of Tether (USDT) for an acquaintance.According to local news reports, Mr. Chen was contacted by Mr. Lin,
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