Crypto Exchange Owner Sentenced to 10 Years in Prison for Multimillion-Dollar Scheme to Defraud Americans

The US has sentenced a cryptocurrency exchange owner to 10 years in prison.

CEO Sentenced to 18-Month Jail Term for Accepting Bitcoin Bribes to List a Cryptocurrency

A South Korean court has sentenced the former CEO of the defunct crypto exchange Coinnest to 18 months in prison.

Bulgarian Crypto Exchange Owner Sentenced To 10 Years in Prison for Laundering $5 Million

A Bulgarian national and his Romanian co-conspirators have been sentenced to prison after a multimillion-dollar scheme for defrauding over 900 Americans.

Mastermind of $147 Million Crypto ‘Scam of Epic Proportions’ Sentenced to 10 Years in US Prison

The mastermind of what the US Department of Justice calls a scam of “epic proportions” has been sentenced to 10 years in prison.

Crypto exchange owner gets 10 years in prison for aiding scammers

The operator of a Bulgarian crypto exchange has received a 10-year prison sentence for money laundering in connection with an Eastern European cybercrime syndicate. Rossen Iossifov, the convicted owner of the RG Coins crypto exchange platform has been sentenced to 10 years imprisonment for money laundering. As previously reported by Cointelegraph, a federal jury in Frankfort Kentucky found the Bulgarian national guilty of conspiracy to commit racketeering and money laundering back in Sep.

Crypto Exchange Owner Gets 10 Years in Prison

The manager of RG Coins offered his Bulgarian co-conspirators favorable exchange rates and exemption from KYC, the court said.

Owner of Crypto Exchange RG Coins Gets 10 Years in Prison for Laundering $5M

The 53-year-old Bulgarian national was convicted for laundering funds via cryptocurrency for a fake online auctions gang.

Founder of a $147M Crypto Ponzi Scheme Sentenced to 10 Years in Prison

The founder of GemCoin faces ten years in prison for a $147 million fraud, which duped more than 70,000 victims into investing in a gemstone-backed token.

Localbitcoins Trader Facing up to 40 Years in Prison Over Bitcoin Fraud Schemes

A trader on Localbitcoins and Paxful has pleaded guilty to charges in connection with a couple of bitcoin scams.

Vinnik’s attorney appeals against 5-year prison sentence

Lawyers of the alleged $4 billion Bitcoin launderer appeal to the court, arguing that Alexander Vinnik was just an employee at BTC-e.

Mastermind of $25 Million Crypto Debit Card Scheme Sentenced to Prison

The mastermind behind a $25 million cryptocurrency debit card scheme has been sentenced to one year and one day in prison, in addition to three years of supervised release.

Co-founder of Floyd Mayweather-Backed ICO Gets Prison Sentence

Robert Joseph Farkas has been sentenced to a year and a day in prison after defrauding customers out of over $25 million.

Trump Considering Clemency for Silk Road's Ross Ulbricht: Report

The Silk Road founder was sentenced to life in prison in 2015.

Crypto Founder Faces 10 Years in Prison Over Millions of Dollars in Exit Scam Without Paying Taxes

A cryptocurrency founder has been arrested and is facing up to 10 years imprisonment for tax evasion after running an exit scam.

Man Jailed for Role in $25 Million Ponzi Scheme Involving a Failed Crypto

A South Florida federal district judge has sentenced Jose Angel Aman to 84 months in prison for his role in perpetrating a $25 million diamond Ponzi scheme.

Man Gets 6 Years for $25M Diamond and Crypto Ponzi Scheme

Jose Angel Aman, charged with operating the fraudulent investment scheme, was sentenced to serve six years in federal prison and pay over $23 million in victim restitution by a federal court in Florida.

France Sentences BTC-e Crypto Exchange’s Operator to 5 Years in Prison for Money Laundering

Russian crypto exchange BTC-e’s operator Alexander Vinnik has now been sentenced to five years in prison by a French court and fined 100,000 euros.

Russian Hacker Sentenced to 5 years of Prison for Money Laundering, Cybercrimes, and Extortion

Russian Hacker Alexander Vinnik has been sentenced to 5 years imprisonment by a Parisian court.

Paris court sentenced Russian hacker to 5 years in prison

A court in Paris sentenced alleged Russian Bitcoin hacker Alexander Vinnik to five years in prison for crimes connected to money laundering and for providing false information about the origin of the The post Paris court sentenced Russian hacker to 5 years in prison appeared first on AMBCrypto.

BTC-e Operator Vinnik Sentenced to 5 Years in Prison on Money Laundering Charges

Alexander Vinnik, an alleged BTC-e operator, was found guilty of money laundering in France and sentenced to five years in prison.

Paris court sentences Alexander Vinnik to five years in prison

Years after his initial arrest, Vinnik has finally been sentenced.

Onchain Researchers Suspect Chinese Government Sold Plustoken’s Billion-Dollar Bitcoin Hoard Last Year

A number of masterminds from the Plustoken scam were sentenced to 11 years in prison for defrauding cryptocurrency investors.

PlusToken Crypto Scam Masterminds to Serve 11 Years in Prison

the ringleaders of the PlusToken Ponzi Scheme has been charged with 11 years of prison after they stole cryptocurrencies worth 14.8 billion yuan.

Ringleaders of PlusToken Scam Jailed for Up to 11 Years

Fourteen operators of the giant PlusToken scam have been sentenced in China to up to 11 years in prison.

Irish Man Gets 3 Years in Prison for Stealing $2.5M in Crypto Through SIM Hacks

The man was part of a criminal group that compromised crypto accounts with assistance from contacts at mobile operators.

Alleged Promoter of BitConnect Crypto Scam Charged in Australia

The accused faces a lengthy prison sentence if convicted.

Charged Aussie Bitconnect promoter faces up to 47 years in prison

The Australian could be 99-years old by the time he is released if he’s sentenced to the maximum penalty.

Payza Founders Sentenced in $250M Money Laundering Case

Canadian brothers Firoz and Ferhan Patel are headed to prison after admitting their payments company had broken the law.

Russia Proposes New Rules and Penalties for Cryptocurrency Owners

The Russian Ministry of Finance has developed new amendments to the country’s cryptocurrency regulation.