ChainCatcher news, according to The Block, records show that former FTX executive Ryan Salame has begun serving a seven-and-a-half-year sentence in a Maryland prison. According to the Federal Bureau of Prisons website, Salame served as co-CEO of FTX Digital Markets, and as of Saturday morning, he is incarcerated at FCI Cumberland in Maryland. The prison is a "medium-security federal correctional institution, adjacent to a minimum-security satellite camp." According to the prison's website, it houses over 1,000 inmates.

ChainCatcher news, former FTX executive Ryan Salame shared his new status on LinkedIn before going to prison, announcing with "joy" his new position as a prisoner at FCI Cumberland.He also updated his profile, adding "cleaning and wood carving" as one of his skills.Previous news, former FTX executive Ryan Salame's request to postpone his prison sentence was denied by the judge.

ChainCatcher news, Francisley Valdevino da Silva, nicknamed "the Cryptocurrency Chief," has been sentenced to 56 years in prison by the Federal Court of Curitiba for criminal activities carried out through Rental Coins.Judge Nivaldo Brunoni pointed out that Francisley Valdevino da Silva showed complete disdain for investors, and among the victims was celebrity Sasha Meneghel, who lost 1.2 million reais in this scam.Rental Coins attracted investments with a carefully designed scam, including a virtual platform, upscale headquarters, and prize lotteries. The judge noted that the victims' money was used to pay for employees' travel expenses, and the company had no financial backup, resulting in millions of reais not being refunded to the victims.

According to ChainCatcher, as reported by CoinDesk, former FTX executive Ryan Salame was sentenced for violating U.S. election laws after donating millions of dollars during the last congressional election. He attempted to delay his prison sentence at the last minute to treat a dog bite on his face, but was denied. Salame had criticized the charges against him on social media; he was originally supposed to begin serving over seven years in prison on August 29, but he told the court that he was bitten by a large German shepherd, which postponed his sentencing to October 11. Earlier this week, he requested another extension. However, during an interview with Tucker Carlson, there were no obvious signs that he was hindered by his injury—when the court rejected Salame's efforts, U.S. District Judge Lewis Kaplan of the Southern District of New York noted this fact.Salame claimed he needed "urgent and necessary medical and surgical care" and could not report to prison immediately, while prosecutors responded that he appeared to be in good condition. The prosecutors stated that when he appeared in court last month, he showed "no signs of drooling or slurred speech" while answering questions, and then he participated in Carlson's interview, during which Salame "appeared to be physically recovered and showed no signs of injury." The judge pointed out that Salame had already "benefited from an extremely generous delay in his incarceration," and the court expressed skepticism about the "validity" of Salame's claims.

ChainCatcher news, according to CoinDesk, U.S. prosecutors are seeking an 18-month prison sentence for Heather Morgan (better known by her rapper name "Razzlekhan") for her involvement in laundering 120,000 bitcoins stolen from Bitfinex in a 2016 hack.It is reported that in August 2023, Morgan pleaded guilty to one count of conspiracy to commit money laundering and one count of conspiracy to commit fraud against the United States, each of which carries a maximum sentence of five years in prison.

ChainCatcher news, according to The Block, based on a document released on Wednesday, former FTX executive Ryan Salame's lawyer requested the court to postpone his sentencing date from October 11 to December 7 to treat injuries he sustained from a dog attack during the summer. This is Salame's second request to delay his sentencing. His lawyer stated that the government disagrees with their request.Salame served as co-CEO of FTX Digital Markets and was sentenced to seven and a half years in prison last year after pleading guilty. Salame admitted in September to conspiracy to make illegal political donations and conspiracy to operate an unlicensed money transfer business.

ChainCatcher news, former FTX Digital Markets co-CEO Ryan Salame will report to a federal correctional institution on October 11 to serve a sentence of 7 and a half years.Since the sentencing hearing on May 28, Salame has hinted on social media that prison will be an "exciting" experience and claimed he would treat his time in prison like summer camp. His lawyer is seeking for Salame to serve his sentence at a medium-security facility in Cumberland, Maryland, which is near Salame's home.As one of the executives facing criminal charges following the collapse of FTX, Salame pleaded guilty in September 2023 to conspiracy to make illegal political donations and to deceive the Federal Election Commission. Following SBF's 25-year sentence handed down in March of this year, Salame will be the second FTX executive facing imprisonment. In September of this year, a judge sentenced former Alameda Research CEO Caroline Ellison to two years in prison.Other executives named in the same indictment, Nishad Singh and Gary Wang, are scheduled to be sentenced on October 30 and November 20, respectively.

ChainCatcher news, according to a statement released by the U.S. Attorney's Office for the Southern District of New York, U.S. District Judge Jennifer L. Rochon sentenced 41-year-old IcomTech founder David Carmona to 121 months in prison on Friday. Carmona had previously pleaded guilty to a charge of conspiracy to commit telecommunications fraud.

ChainCatcher news, according to Decrypt, hip-hop superstar and alleged sexual assaulter Sean "Diddy" Combs not only shares a prison with crypto criminal Sam Bankman-Fried (SBF), but he has also hired SBF's lawyer.Court documents show that the disgraced musician and producer (who was arrested last month and faces charges of extortion and sex trafficking) has hired one of SBF's lawyers, Alexandra Shapiro.

ChainCatcher message, Zhao Changpeng posted his first tweet "GM" after being released from prison on the X platform.

ChainCatcher news, according to Decrypt, South Korean financial regulators have issued a stern warning, stating that a life sentence will be imposed for cryptocurrency fraud cases that profit over $4 million (approximately 5 billion won). This warning was issued following the enactment of the South Korean "Virtual Asset User Protection Act" in July 2024, which aims to prevent cryptocurrency crimes, partly inspired by the events involving Terra/Luna founder Do Kwon and the collapse of the FTX exchange.In addition, the new law stipulates other penalties, including fines of 3 to 5 times the illegal profits, as well as a maximum of one year of imprisonment.

ChainCatcher news, former Alameda Research co-CEO Caroline Ellison has been sentenced to two years in prison. Ellison will also forfeit approximately $11 billion and may serve her sentence in a "minimum security facility." Ellison is also the ex-girlfriend of former FTX CEO SBF, and she pleaded guilty in December 2022 to seven counts of wire fraud, commodities fraud, securities fraud, and money laundering.In March of this year, Ellison told the court that SBF directed her to commit the crimes that led to FTX's bankruptcy. Alameda had access to customer deposits through an unlimited credit line and could directly access customer deposits sent to Alameda's bank accounts. Judge Lewis Kaplan, who oversees the sentencing of SBF, stated on Tuesday that the difference between SBF and Ellison is that the latter cooperated with prosecutors, while "SBF denied the whole thing."Former FTX engineering director Nishad Singh and co-founder Gary Wang also pleaded guilty to criminal charges and are cooperating with prosecutors. They are scheduled to appear for sentencing hearings on October 30 and November 20, respectively. In March of this year, SBF was sentenced to nearly 25 years in prison and ordered to repay investors and creditors up to $11 billion in losses.

ChainCatcher news, Greeks.live researcher Adam published an overview of important events in the cryptocurrency market for this week (September 23 to 29) on the X platform. Important events this week include:September 23: The U.S. House of Representatives holds a full committee hearing, with the SEC testifying;September 26: Initial jobless claims in the U.S. are announced, and several Federal Reserve governors give speeches;September 27: The U.S. Core PCE Price Index for August is released;September 29: Former Binance CEO Zhao Changpeng is released from prison.Adam pointed out that a 50 basis point rate cut has boosted the cryptocurrency market, leading to some active projects emerging. The intensive remarks from Federal Reserve governors this Thursday are worth paying attention to. Currently, the implied volatility for major tenors is at a low level, and there are some medium to long-term positions with good cost-effectiveness. Historically, October tends to have a good market performance, making it a good buying opportunity now. Additionally, Zhao Changpeng is set to be released from prison this Sunday, and related concepts should be monitored.

ChainCatcher news, according to Hong Kong media Aastocks, Binance founder and former CEO Zhao Changpeng is expected to be released from prison on September 29. After his release, he is expected to return to Dubai to reunite with his family. Zhao Changpeng was sentenced to 4 months in prison by a U.S. federal court in April this year for money laundering and was incarcerated in California at the end of May. In addition, the U.S. Securities and Exchange Commission (SEC) has recently filed another lawsuit against Binance, reiterating that the exchange violated federal securities laws.

ChainCatcher news, according to a report by the Securities Times public account, "former Chinese billionaire" Zhao Changpeng has confirmed that he is about to be released from prison. According to relevant reporters from the Bureau of Prisons' official website, Zhao Changpeng's current location has been updated to the Residential Reentry Management (RRM) in Long Beach, California. This means he is undergoing preparation and assessment for reintegration into society. If everything goes smoothly, he will return to society on September 29.It is reported that Zhao Changpeng was born in Lianyungang, Jiangsu, and is a Chinese-Canadian entrepreneur. In 2017, Zhao Changpeng founded Binance and quickly became a global cryptocurrency exchange, providing a trading platform for over 150 cryptocurrencies.In 2017, Zhao Changpeng founded Binance and quickly became a global cryptocurrency exchange, providing a trading platform for over 150 cryptocurrencies. By the end of 2021, amid a surge in Bitcoin and many other cryptocurrencies, Zhao Changpeng was ranked as the richest Chinese billionaire with a net worth of $94.1 billion (approximately 634.8 billion RMB). According to Forbes' rankings, as of April 2024, Zhao Changpeng still has a wealth of over $30 billion.