Jail Financial News
04.01 / 13:55
Legal
Crypto Exchange
Jail
South Korean Prosecutors Fail in Bid to Jail Ex Bithumb Boss
South Korean prosecutors have been thwarted in their efforts to send the former head of the crypto exchange Bithumb to prison for eight years.
28.12 / 13:27
FIVE
Jail
Time
Convicted ex-hedge fund manager’s advice to SBF on jail time: Shave your head, deepen your voice, listen to rap music
Convicted former hedge-fund manager and pharmacy company executive Martin Shkreli has some advice for Sam Bankman-Fried about serving jail time. Namely, shave your head, deepen your voice and listen to lots of rap music.
27.12 / 14:01
FIVE
Platform
Fraud
Jail
Top South Korean Scam Crypto Exchange Exec Given 8-year Jail Sentence
The top executive at a South Korean scam crypto exchange that duped over 50,000 investors out of a combined $1.7 billion will serve an eight-year jail sentence after a court found him guilty of fraud.
23.12 / 14:23
cryptocurrency
FTX
SBF
Jail
Fried
Sam
4 conditions under which Sam Bankman-Fried has been released from jail
Sam Bankman-Fried, the ex-FTX CEO arrested for criminal fraud, has been released on a $250-million bail. The 30-year-old, once the toast of the crypto world, stands accused of stealing billions of dollars belonging to customers.
22.12 / 21:27
business
FTX
Financial Times
Jail
SBF received special treatment inside Bahamian jail: Report
Former FTX CEO Sam Bankman-Fried, who was remanded to the notorious Fox Hill Prison in Nassau, Bahamas, pending an investigation into the collapse of his exchange, had a different experience than many other prisoners.
22.12 / 13:07
business
regulation
FTX
Court
Jail
Deal
Alameda's Caroline Ellison escapes potentially 110 years in jail via plea deal
One of the key witnesses on the ongoing FTX investigation could evade all the seven counts of allegations against her with a plea deal. Former Alameda Research CEO Caroline Ellison would be prosecuted only for criminal tax violations and can be released immediately by paying the $250,000 bail.
19.12 / 08:55
Blockchain
Scams
Court
Jail
$4B OneCoin scam co-founder pleads guilty, faces 60 years jail
Karl Sebastian Greenwood, the co-founder of the multi-billion dollar fraudulent cryptocurrency scheme OneCoin has pleaded guilty to multiple charges brought forward by the United States Department of Justice (DOJ) and faces a maximum of 60 years in prison.
19.12 / 01:29
FTX
Jail
Fried
Sam
Extradition
Sam Bankman-Fried Reverses Decision to Contest US Extradition Request After a Few Nights in Bahamian Jail
It was just a few days ago that Sam Bankman-Fried, the ex-billionaire CEO of defunct cryptocurrency exchange FTX and hedge fund Alameda, decided to contest a US extradition request for his central role in the FTX meltdown that defrauded thousands of investors. However, after spending a few nights in a Bahamian jail, he has reversed his decision and agreed to be extradited back to the United States.
02.12 / 13:39
Man
CEO
Legal
Jail
South Korean Crypto Exchange CEO to Serve 25 Years in Jail After Appeal Fails
The CEO of a South Korean crypto exchange who was found guilty of murdering his lover by stabbing her and pushing her out of a 19th-storey apartment window has had his appeal rejected – and will serve 25 years in prison.
02.12 / 08:55
business
regulation
Fraud
FTX
Jail
Fried
Mike Novogratz: Bankman-Fried is 'delusional' and headed to jail
Former FTX CEO Sam Bankman-Fried (SBF) has been lambasted this week following a series of controversial public appearances, with Galaxy Digital’s Mike Novogratz one of the latest to dish out a lashing to the former kingpin of crypto.
25.11 / 17:11
Man
Police
Bitcoin
Jail
South Korean Man Who Bought Drugs with Bitcoin Given Jail Sentence
A South Korean man was handed a host of punishments after a court found him guilty of buying narcotics online – using bitcoin (BTC).
23.11 / 17:49
Ethereum
Legal
Bitcoin
Jail
NOT
ETH Hacker Gets 10 Year Jail Term, But BTC Theft ‘May Not Be Criminal’ in China
Tokens such as ethereum (ETH) and bitcoin (BTC) continue to rest on uneasy legal ground in China – where an ETH hacker who struck in 2018 was recently sentenced to 10 and a half years behind bars. But prosecutors in the country have explained that it could be tricky to convict BTC thieves who have struck after the 2021 crackdown.
23.11 / 16:15
U.S. Treasury
Tornado Cash
Jail
Tornado Cash Developer Faces Money Laundering Charges, To Remain in Jail Until At Least February
Tornado Cash developer Alexsey Pertsev will remain in jail for another three months after being charged with money laundering allegations for the development of the mixing service.
03.11 / 02:29
12.10 / 17:21
FIVE
Man
Legal
Jail
Employee Who Stole $2.8m from Company to Buy Crypto Gets 5-year Jail Term
A South Korean company employee whole stole over $2.8 million worth of his firm’s money to buy crypto has been handed a five-year prison sentence.
30.09 / 20:11
Legal
Fraud
Jail
Crypto Fraudster Who Swindled Victims out of Bitcoin and ETH Gets 5-Year Jail Term
A South Korean crypto fraudster who duped victims out of some $1.7 million worth of bitcoin (BTC), ethereum (ETH), and fiat has been handed a five-year jail sentence.
22.09 / 08:41
Technology
Climate change
Jail
foreign
Foreign prisoners, some facing execution, freed from east Ukraine jail
A group of ten foreign captives - including five British men, two Americans, a Swede, Croat, and a Moroccan - have been released from jail in separatist-controlled east Ukraine in a deal negotiated by Saudi Arabia.
09.09 / 15:53
UPS
Legal
Bitcoin
Jail
Time
Bitcoin-powered Darkweb Drug Dealers Handed Jail Time in South Korea
Drug traders who exchanged narcotics for bitcoin (BTC) using darkweb portals have been handed jail time and suspended sentences as South Korean courts following scores of arrests made earlier this month.
09.09 / 09:29
03.09 / 15:53
Cinema
Europe's energy crisis
Jail
Schools
Time
Turkish pop star faces jail time for 'inciting hatred' over religious schools joke
A Turkish pop star could face up to three years in prison after she was indicted Friday for "inciting hatred and enmity" over a joke she made about religious schools in the country.
25.08 / 12:53
Blockchain
defi
Open Source
Jail
Ruling to keep Tornado Cash developer in jail for 90 days sparks backlash
A judge in the Netherlands ruled that Tornado Cash developer Alexey Pertsev has to stay in jail for 90 more days while waiting for charges. Puzzled by the decision, the crypto community rallied to demand the release of the developer.
frequently asked questions about Jail
What is Jail and why is it important?
Jail is a significant category that draws public attention. On our site, we regularly publish articles related to this subject.
Where can I find the latest updates on Jail?
All recent news about Jail can be found in the dedicated section. We publish information as it becomes available.
How can I verify the accuracy of information on Jail?
We use verified data to ensure that the information about Jail is accurate and valuable for our readers.
