Why Changpeng Zhao Remains Free Despite a Prison Sentence
Changpeng Zhao's prison start is delayed as authorities assess Seatac's suitability; his high-powered legal team also contributes to the postponement.
Huang BoChangpeng Zhao's prison start is delayed as authorities assess Seatac's suitability; his high-powered legal team also contributes to the postponement.
Huang Bo"If Mr. Zhao is incarcerated ... his wealth and status as a public figure will put his physical and mental health at risk of threats, including but not limited to theft and extortion."
JinseFinanceThe DOJ demands a 36-month prison term and $50 million fine for Changpeng Zhao, citing major legal violations and necessary harsh penalties to deter future misconduct.
Cheng YuanGolden Finance launches the 2293rd issue of "Golden Morning 8", a morning report on the cryptocurrency and blockchain industry, to provide you with the latest and fastest news on the digital currency and blockchain industry.
JinseFinanceFormer FTX co-CEO Ryan Salame's sentencing rescheduled to May 28, reasons undisclosed. Despite pleading guilty, his role in the exchange's collapse remains unclear amidst ongoing legal proceedings.
Huang BoProsecutors are advocating for a lengthy prison term and an $11 billion judgment against Sam Bankman-Fried, former CEO of FTX, following his conviction for fraud. The case underscores the severity of financial misconduct in the cryptocurrency world, highlighting the need for accountability and caution.
BerniceAmir Hossein Golshan, a 25-year-old Los Angeles resident, has been sentenced to 96 months in federal prison for orchestrating various scams, including "SIM swapping" to hijack Instagram accounts. Golshan's schemes, resulting in over $1.2 million in losses, involved impersonating individuals, fraudulent advertising, and exploiting two-step authentication vulnerabilities, showcasing the escalating sophistication of digital fraud.
JixuFormer Bithumb Chairman, Lee Jeong-hoon, faces an eight-year prison sentence over allegations of manipulating Bithumb's governance in a complex cryptocurrency scandal, with a verdict set for January 18, 2024, potentially impacting Bithumb's future and regulatory scrutiny in the industry.
JasperKarl Greenwood, a key figure in the infamous OneCoin pyramid scheme, has been handed a stern 20-year prison sentence. This verdict also entails a substantial forfeiture of $300M.
CatherineFormer Rep. Tim Ryan and Club for Growth President David McIntosh, also a former congressman, will chair a new nonpartisan effort aimed at
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