-: FOLLOW US :- @theinsaneapp
The owner of a failed crypto business was sentenced Tuesday to over eight years in jail for defrauding investors...
-: FOLLOW US :- @theinsaneapp
And customers out of millions of dollars through the marketing of the virtual currency My Big Coin with lies and falsehoods.
-: FOLLOW US :- @theinsaneapp
Federal prosecutors has asked U.S. District Judge Denise Casper in Boston to sentence an imprisonment term of 13 years for Randall Crater.
-: FOLLOW US :- @theinsaneapp
It's for conveying a message to other people during the first sentencing of a founder of a cryptocurrency firm for fraud in marketing.
-: FOLLOW US :- @theinsaneapp
Although Casper found this request excessive, she ruled out Crater's assertion that a prison sentence of 30 months.
-: FOLLOW US :- @theinsaneapp
It was enough to sanction Crater for his fraudulent assertions, such as the claim that My Big Coin was a real cryptocurrency supported by gold.
To Read Full Story Swipe Up Or Click On The Below Given Button