Thodex founder’s sentence overturned, but fraud conviction stands
The Istanbul Regional Court of Justice has overturned part of the conviction against Faruk Fatih Özer, the founder of the now-defunct cryptocurrency exchange Thodex. The court dismissed charges related to starting an organization to commit a crime but upheld his fraud and money laundering convictions, according to local reporting. Özer, who was sentenced to over […]
FTX’s Ryan Salame’s prison sentence shortened by over year: report
FTX exec Ryan Salame’s prison sentence has been shortened by over a year, with his new release date set for March 2031. Ryan Salame, a former top executive at the failed cryptocurrency exchange FTX, reported to federal prison in October to begin serving his 7.5-year sentence for his role in the collapse of Sam Bankman-Fried‘s […]
SBF memecoins pump and dump as FTX founder gets 25-year prison sentence
Sam Bankman-Fried-themed memecoins saw a massive wave of activity as the former FTX CEO found out his fate. Source link
Crypto users react to Sam Bankman-Fried’s 25-year sentence
On March 28, Judge Lewis Kaplan sentenced former FTX CEO Sam Bankman-Fried to 300 months in prison, a term many considered not long enough given his crimes. Source link
