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Sam Bankman-Fried: Disgraced ‘crypto king’ jailed for 25 years after stealing billions of dollars from FTX customers | Business News
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Disgraced crypto entrepreneur Sam Bankman-Fried has been sentenced to 25 years in prison after being convicted of stealing billions of dollars from his customers. He was the chief executive of FTX, which suddenly went bankrupt in November 2022 – leaving millions of users frozen out of their accounts and unable to make withdrawals. The 32-year-old…
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Nathan Bake: Mechanic from Cheshire jailed for 16 years for role in child sex abuse website | UK News
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A mechanic who helped run one of the dark web’s biggest child sex abuse websites has been jailed for 16 years after he was convicted under organised crime laws in the first case of its kind. Nathan Bake, a 28-year-old tyre fitter from Runcorn, Cheshire, was the head moderator and second in command of The…
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‘Kingpins’ among more than 400 criminals jailed in Met Police EncroChat operation | UK News
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More than 400 criminals, including senior “kingpins” in organised crime, have been jailed for a total of 3,722 years after a Metropolitan Police operation targeted the EncroChat encrypted messaging platform. Commander Paul Brogden, head of specialist crime at the Met, said it was “the most significant operation targeting organised crime figures in the Met’s history”.…
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Man jailed for the insider trading of NFTs – in what is believed to be the first case of its kind | Science & Tech News
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A man has been jailed for the insider trading of non-fungible tokens (NFTs) – in what prosecutors say is the first case of its kind. Nathaniel Chastain was working as a product manager at OpenSea, which is the world’s biggest marketplace for the crypto collectibles. The 33-year-old purchased NFTs that he knew were going to…
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‘Evil’ child rapist jailed for life after being unmasked by technology that unpixelated image of him | UK News
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A prolific and “evil” child rapist has been jailed for life after he was unmasked by technology that unpixelated an image of his face discovered in photos he took of himself abusing his victims. Martyn Armstrong, from Pembrokeshire, documented himself committing “depraved” acts against three children, including a victim aged one, and posted the pictures…
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Elizabeth Holmes’s former partner Ramesh Balwani jailed over Theranos scandal | Science & Tech News
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The ex-partner of disgraced Theranos founder Elizabeth Holmes has joined his accomplice in being sentenced to more than a decade in prison. Ramesh “Sunny” Balwani was jailed for almost 13 years for his role in the company’s blood-testing hoax, which saw investors conned and patients put at risk as the pair enjoyed a life of…
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Elizabeth Holmes ‘has ambition to rise again’ despite being jailed over Theranos case that gripped world | Science & Tech News
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Disgraced Theranos founder Elizabeth Holmes “has the ambition to rise again” despite being jailed over a years-long scam that saw her become one of America’s most celebrated tech billionaires, the creator of an award-winning podcast about the scandal has said. The 38-year-old was sentenced to more than 11 years behind bars on Friday, having been…
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Instagram influencer Hushpuppi, who tried to steal £100m from Premier League club, jailed in US | Science & Tech News
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An Instagram influencer has been jailed for more than 11 years over a global, multi-million dollar scam which targeted a Premier League club. Ramon Abbas, who was known to his followers as Ray Hushpuppi, was sentenced by a California judge to 135 months and ordered to pay in excess of $1.7m (£1.5m) to two fraud…