In brief
Legal experts say prosecutors face uphill battle appealing “unusually lenient” sentence for Estonians who ran a $577 million crypto Ponzi scheme.
Judge Lasnik sentenced defendants to time served, rejecting prosecutors'…
US prosecutors appealed the sentences of time served given to the co-founders of HashFlare, a crypto mining service and $577 million Ponzi scheme.Prosecutors told a Seattle federal court on Tuesday…
In brief
Two Estonian men sentenced to 16 months for running HashFlare, a $577 million cryptocurrency Ponzi scheme that defrauded hundreds of thousands globally.
The scheme promised crypto mining profits but showed…
The founders of HashFlare, a crypto mining company behind a $577 million Ponzi scheme, have escaped additional jail time after admitting to their roles in the scheme.Sergei Potapenko and Ivan…
Two Estonian nationals who co-founded the cryptocurrency mining service HashFlare are scheduled to be sentenced on Thursday after pleading guilty to conspiracy to commit wire fraud as part of a…