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Category prison

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FTX Founder Sam Bankman-Fried Transferred to Low-Security Federal Prison in Los Angeles

FTX Founder Sam Bankman-Fried Transferred to Low-Security Federal Prison in Los Angeles

The incarcerated founder of bankrupt crypto exchange FTX is now detained in a correctional facility in Los Angeles, California. According to the in...
Release Date for Incarcerated Former FTX Exec Ryan Salame Moved Up by a Year

Release Date for Incarcerated Former FTX Exec Ryan Salame Moved Up by a Year

Incarcerated former FTX executive Ryan Salame appears to have already slashed a year off his prison sentence. Data from the U.S. Federal Bureau of ...
Bitcoin Millionaire Faces Prison: The Price of Hiding $4 Million in Gains

Bitcoin Millionaire Faces Prison: The Price of Hiding $4 Million in Gains

An early bitcoin investor was sentenced to two years in prison for evading taxes on $3.7 million in cryptocurrency gains, using mixers and secret w...
Former FTX Executive Caroline Ellison Set To Begin Two-Year Prison Sentence for Role in FTX Fiasco

Former FTX Executive Caroline Ellison Set To Begin Two-Year Prison Sentence for Role in FTX Fiasco

Former FTX executive Caroline Ellison is set to start her two-year prison term in Connecticut. According to a new report by CNBC, a Bureau of Priso...
US Sends Crypto Promoter to Prison for 20 Years in Multi-Million Dollar Ponzi Scheme

US Sends Crypto Promoter to Prison for 20 Years in Multi-Million Dollar Ponzi Scheme

A cryptocurrency promoter was sentenced to 20 years in prison for running a Ponzi scheme that defrauded thousands of investors, particularly in Spa...