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AiCoin
AiCoin|Sep 01, 2025 10:20
Former Cred CEO sentenced to 52 months in prison for cryptocurrency fraud According to Decrypt, Daniel Schatt, former CEO of the bankrupt cryptocurrency lending company Cred, has been sentenced to 52 months in prison and Joseph Podulka, former CFO, has been sentenced to 36 months for involvement in a $150 million cryptocurrency fraud case. Legal experts say that this case sets a new precedent for holding executives accountable in cryptocurrency fraud cases.
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Timeline

Sep 29, 14:01Poland adopts the 'Crypto Asset Market Law' in alignment with the MiCA framework
Sep 29, 02:00Su Zhu was arrested in Singapore and sentenced to 4 months in prison.
Sep 23, 05:29Toronto Bitcoin Kidnapping Case Ringleader Sentenced to 13 Years
Sep 23, 04:41Ontario kidnapper demands 1 million Bitcoin ransom
Sep 18, 00:13PGI CEO Pleads Guilty to Bitcoin Ponzi Scheme
Sep 10, 07:48Second conviction for serious violent crime should result in life imprisonment.
Sep 09, 03:09Hong Kong law enforcement arrests two criminals for electricity theft
Sep 04, 16:13Left-wing protesters distribute cigarettes in Washington, D.C.
Sep 01, 10:32Indian court sentences 14 people to life imprisonment
Sep 01, 09:57Former CEO and CFO of Cred platform sentenced for fraud

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