Former talk show host Carlos Watson was sentenced Monday to nearly 10 years in prison in a federal financial conspiracy case that cast his once-buzzy Ozy Media as an extreme of fake-it-’til-you-make-it startup culture. So extreme that another Ozy executive impersonated a YouTube executive to hype Ozy to investment bankers — while Watson coached him, prosecutors said. … Read more
A New York technology entrepreneur was sentenced to five years in prison on Thursday after pleading guilty last year to laundering funds stolen from Bitfinex, one of the world’s largest cryptocurrency exchanges, with the help of his wife. Ilya Lichtenstein, 35, hacked into Bitfinex’s network in 2016, using advanced hacking tools and techniques, and stole about 120,000 bitcoin, the Justice … Read more
The former senior manager of special operations for eBay’s global security team was sentenced Thursday in federal court in Boston for his role in a cyberstalking campaign that included sending a preserved fetal pig, a bloody pig Halloween mask and a book on surviving the loss of a spouse to a Massachusetts couple’s home. Brian Gilbert, 56, of San … Read more
US prosecutors said Friday they do not plan to proceed with a second trial against Sam Bankman-Fried, who was convicted last month of stealing from customers of his now-bankrupt FTX cryptocurrency exchange. In a letter filed in federal court in Manhattan, prosecutors said the strong public interest in a prompt resolution of the case outweighed the … Read more
