SBF lawyer: 50-year sentence belongs to "medieval" view of punishment
Lawyers for the former FTX CEO said: “It was unnecessary to crush Sam in this way.”
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SBF prosecutor recommended that the judge "impose a minimum sentence of 40 years"
28/03 23:23
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FTX Founder's Downfall: Prosecutors Demand Harsh Sentence Amid Fraud Conviction
Prosecutors 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.
BerniceLas Vegas CEO Faces 127-Year Sentence for Bitcoin Drug Cartel Laundering
Martin Mizrahi's conviction highlights the severe consequences individuals face for engaging in cryptocurrency crimes, amidst global efforts to combat such illicit activities. Despite ongoing legal actions, the scrutiny on cryptocurrency's role in financial crimes continues to intensify.
Cheng YuanFTX Founder SBF Seeks 6.5-Year Sentence, Advocates for Solana Investments
Former FTX CEO Sam Bankman-Fried faces up to 110 years in prison for fraud and money laundering. Legal team requests 5.25 to 6.5 years, citing first-time offense and restitution efforts. Sentencing set for March 28.
EdmundCryptocurrency and NFT Scammer Nets 8-Year Prison Sentence
Amir 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 Faces 8-Year Sentence
Former 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.
JasperSBF Likely to Serve 25 Years and Not Max Sentence, Says Former DOJ Prosecutor
The long-anticipated sentencing of Sam Bankman-Fried, former CEO of FTX, is slated for March 2024.
KikyoFrom Crypto Kingpin to Inmate: OneCoin Co-Founder’s 20-Year Sentence
Karl 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.
CatherineMakerDAO Wants to Invest $500M in 'Minimum Risk' Treasurys and Corporate Bonds
The DAO intends to generate income with its native DAI stablecoin through traditional investments in U.S. Treasury bonds and even corporate bonds.
CointelegraphMakerDAO looks to invest $500M into ‘minimal risk’ treasuries and bonds
The DAO intends to generate yield with its native DAI stablecoin via traditional investments in US treasuries and possibly even corporate bonds.
Cointelegraph