Tag: prison
AirBit Club ‘ponzi’ co-founder gets 12 years prison
The co-founder of AirBit Club — a cryptocurrency pyramid scheme that swindled investors of over $100 million…
Sam Bankman-Fried is low on meds, living on $3 peanut butter in prison
FTX founder Sam Bankman-Fried has seemingly been doing it tough behind bars, eating only bread with peanut…
OpenSea manager accused of insider trading sentenced to 3 months in prison, $50K fine
A federal judge has sentenced former nonfungible token (NFT) marketplace OpenSea product manager Nathaniel Chastain to 3…
Chinese official sentenced to life in prison for Bitcoin mining, corruption
A Chinese government official has been sentenced to life in prison for both illegitimate business operations of…
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…
Sam Bankman-Fried spends 3rd night in notorious New York prison
Former FTX CEO Sam Bankman-Fried is going into his third night with over 1,500 other inmates in…