#sentenced

4:49pm, 22nd August, 2023

OpenSea manager accused of insider trading sentenced to 3 months in prison, $50K fine

Nathaniel Chastain will reportedly have until Nov. 2 to surrender himself following his conviction for wire fraud and money laundering related to insider trading on OpenSea.

Chinese official sentenced to life in prison for Bitcoin mining, corruption

10:39am, 22nd August, 2023

Crypto Wiki

Chinese official sentenced to life in prison for Bitcoin mining, corruption

Xiao Yi was accused of abuse of power and corruption in operating a $329 million Bitcoin mining enterprise.

Thodex CEO sentenced to Turkish prison for failure to submit tax documents

3:05am, 18th July, 2023

Crypto Wiki

Thodex CEO sentenced to Turkish prison for failure to submit tax documents

Faruk Fatih Özer failed to submit the requested documents to the Tax Inspection Board. He denied being Thodex’s official at the time, which prevents him from presenting the requested books.

$794K SIM swap hacker PlugwalkJoe sentenced to five years in prison

10:41pm, 24th June, 2023

Crypto Wiki

$794K SIM swap hacker PlugwalkJoe sentenced to five years in prison

The hacker managed to steal $794,000 worth of crypto from an exchange via a SIM swap attack on an exec, but ultimately he didn’t cover his tracks well.

Individual behind $3.4B Silk Road Bitcoin theft sentenced to one year in prison

5:07pm, 14th April, 2023

Crypto Wiki

Individual behind $3.4B Silk Road Bitcoin theft sentenced to one year in prison

James Zhong pleaded guilty to the wire fraud charges in November 2022 and had been awaiting sentencing for his role in the "unlawfully obtained" Bitcoin scheme.

Ex-Coinbase manager's brother sentenced to 10 months in insider trading case

3:29pm, 10th January, 2023

Crypto Wiki

Ex-Coinbase manager's brother sentenced to 10 months in insider trading case

This is believed to be the first insider trading case involving cryptocurrency.

Sentenced 'Bitcoin czar' named among Pandora Papers

8:19am, 5th October, 2021

Crypto Wiki

Sentenced 'Bitcoin czar' named among Pandora Papers

The ICIJ’s report suggests the “Bitcoin czar” may have been a member of the Carbanak hacking group.

Aussie crypto fund manager sentenced to 7 years for stealing $54M from investors

10:33pm, 15th September, 2021

Crypto Wiki

Aussie crypto fund manager sentenced to 7 years for stealing $54M from investors

A fund manager has been sentenced to more than seven years in prison for operating a Ponzi scheme that cheated investors out of $54 million.

British Hacker Sentenced to 10 Years For Stealing $600,000 in Bitcoin

7:30am, 28th May, 2018

Financial News

British Hacker Sentenced to 10 Years For Stealing $600,000 in Bitcoin

A British computer hacker was jailed for 10 years and eight months after being found guilty of selling 63,000 stolen credit and debit cards on the dark web. Police seized an amount of Bitcoin worth over $600,000. UK Judge Sentences Hacker to 10 Years...