Patrick McDonnell, the founder of CabbageTech crypto scam has been sentenced to 33 months in prison and a $fine for deceptive business practices.
The week witnessed a number of legal actions against blockchain and crypto criminals, led by the DoJ. IBM, Telefonica and Spain’s CaixaBank led the adoption of blockchain.
A New York court has finally formally indicted Ethereum researcher Virgil Griffith with conspiracy to violate the IEEPA with his North Korean connections
The suspect is alleged to have sold and distributed heroine and meth, accepting payments only in BTC. If found guilty, she faces over 100 years in prison.
Roger Nils-Jonas Karlsson defrauded over 3,500 investors, promising 1.15kg of gold for just $98 in crypto investment
The accused misled multiple people to invest in IGOBIT believing the money was being used for international development.