Two men in the eastern European nation of Estonia have been arrested after they defrauded crypto investors of more than $575 million in digital funds. Two Men in Estonia Charged with Crypto Crimes The arrests were issued by federal agents based in the United States. Both Sergei Potapenko and Ivan Turogin – each is 37 years of age – have been charged with crimes like wire fraud and conspiracy to commit money laundering. It is also believed that there were four other accomplices helping the crime duo commit their illicit actions, though these individuals have not been identified at the
Satish Kumbhani – the founder of cryptocurrency investment company Bit Connect – has been charged with conspiracy to commit wire fraud and conspiracy to commit commodity price manipulation amongst... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] Go to Source…
The co-founders of now-defunct crypto mining service HashFlare are asking a U.S. federal judge for leniency ahead of their sentencing for wire fraud, while prosecutors are pushing for a decade behind bars. Sergei Potapenko and Ivan Turõgin, who pleaded guilty earlier this year to conspiracy to commit wire fraud, argue…