$20M Crypto Scam Lands Texas Man 23-Year Prison Sentence
Robert Dunlap will spend the next two decades in federal prison after a judge handed down a 276-month sentence for his role in a massive crypto fraud. A federal court in Florida issued the ruling following Dunlap’s conviction on charges of conspiracy to commit mail fraud and wire fraud. Related Reading: Tether Expands Bitcoin Bet, […]
Related News
A federal court in Brazil has handed down a 128-year prison sentence to a major leader of a crypto Ponzi scheme syndicate that defrauded investors of over a hundred million dollars. Two other individuals also received lengthy prison sentences, while others were acquitted as the court cited insufficient evidence. Related Reading: Crypto In The Desert: […]
The accused faces a lengthy prison sentence if convicted.
Former CEO Faruk Fatih Özer of the bankrupt Turkish crypto exchange Thodex has been given a record-breaking prison sentence for stealing $2 billion in customer funds. Crypto CEO Sentenced To 11,196 Years Prison Sentence On Thursday, September 7, 2023, the former CEO of Thodex, which was one of the biggest cryptocurrency exchanges in Turkey, was reportedly sentenced to 11,196 years, 10 months, and 15 days in prison for several criminal charges including fraud, leading a criminal organization, and money laundering by the Anatolian 9th Heavy Penal Court. Related Reading: Shiba Inu Community....
Russian authorities have investigated a number of cases involving the theft of crypto mining equipment in the past months. A resident of Yaroslavl has just been found guilty of stealing mining hardware worth over $20,000 and sentenced to three years in prison.
Russian Convicted of Stealing Mining Rigs Receives Prison Sentence
A 34-year-old man from the city of Yaroslavl, some 250 kilometers northeast of Moscow, has been found responsible for the theft of equipment for cryptocurrency mining. The hardware’s value has been estimated at 1.6 million rubles (almost $22,000),....
Former U. S. federal agent Carl Force has been sentenced to 78 months in prison. The sentence is substantially more than the four years of prison time sought by his attorneys while less than the 87-month prison sentence requested by U. S. prosecutors. After pleading guilty to bitcoin theft and extortion during the government investigation of dark web drug marketplace Silk Road, rogue federal agent Carl Force IV has been sentenced to six and a half years in prison after admitting to charges of money laundering, extortion and obstruction of justice. Force's defense claimed mental health....