Two Estonians Plead Guilty to $577 Million Crypto Ponzi Scheme; Face 20 Years in Prison

News Guru February 14, 2025

Two Estonians Plead Guilty to $577 Million Crypto Ponzi Scheme; Face 20 Years in Prison

The two Estonian citizens confessed to running a massive cryptocurrency⁣ Ponzi scheme that defrauded countless investors and negatively impacted thousands ⁢of individuals globally, including many in the United States. The ⁣defendants consented to relinquish assets exceeding $400 million, according⁣ to the Justice Department. HashFlare⁢ founders admit to‌ fraudulent activities: Sergei Potapenko and Ivan ‌Turogin…

Categories: Cryptocurrency News

Admirals, Saxo Markets, Hut8 and More: Leadership Change of the Week

This week was extremely exciting.⁢ The number of executive appointments in fintech, forex and cryptocurrencies increased dramatically.⁣ This trend highlights the rapid development of financial…

News Guru February 11, 2024

Binance Founder Changpeng “CZ” Zhao Is Not a Flight Risk, His Lawyers Said

A filing on Thursday said Binance founder Changpeng Zhao “CZ” “does not pose a flight risk” and is therefore allowed to return to‍ the United…

News Guru November 25, 2023

Who Benefited the Most from Sam Bankman Fried’s Criminal Scheme and Who Lost the Most?

Well, it’s⁤ over. Sam Bankman Fried was ⁤convicted‌ on all⁣ seven ‍counts. A second trial is scheduled for this spring to determine SBF’s guilt in…

News Guru November 4, 2023

How Many Years Will Sam Bankman-Fried Really Spend in Prison

3 min read FTX founder Sam Bankman-Fried will be sentenced next week. The charge carries a maximum total sentence of over 100 years in‍ prison…

News Guru March 23, 2024

Liquidity Is About Behaviour, Not Just Price”: Hugh Whelan of ACI UK

Hugh Whelan, ACI UK (19459000), states, “liquidity encompasses behavior, not merely‌ price.” 2024-12-24T12:44:32.601+02:00 Tuesday, 24/12/2024 |‌ 10:44 GMT ⁢ by Damian Chmiel ‌ Lorem ipsum…

News Guru December 24, 2024

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