News list for "i think"
According to Decrypt, a federal judge has sentenced two former executives of the bankrupt crypto lending firm Cred to a total of nearly eight years in prison for actions that led to one of the worst investor losses in the history of the crypto industry. Legal experts say the verdict sets a new precedent for executive accountability in crypto fraud cases. The former CEO and co-founder of Cred LLC, Daniel Schatt, was sentenced to 52 months in federal prison, while the company's chief financial off...
The Department of Justice announced on its website that Daniel Schatt, the former CEO of cryptocurrency lending company Cred LLC, and Joseph Podulka, the CFO, were sentenced to 52 months and 36 months in federal prison, respectively, for wire fraud conspiracy. The sentence was handed down by Senior U.S. District Judge William Alsup. Cred, a San Francisco-based company that provides financial services to cryptocurrency and other asset holders, is said to have conspired to provide an incomplete, u...
According to Cointelegraph, Daniel Schatt and CFO Joseph Podulka, former CEOs of bankrupt crypto lending platform Cred, pleaded guilty to wire fraud charges in federal court in California. According to the plea agreement, the two admitted to inducing customers to lend money through selective disclosures, resulting in losses of 65 million to $150 million to users. The judge is scheduled to deliver the sentence on August 26, and prosecutors recommend prison terms of 72 months and 62 months, respec...
Vitalik Buterin posted on the X platform, I think the Ethereum Foundation should use the tools built in the ecosystem (including DeFi), even if it may mean that the Ethereum Foundation is not completely neutral in this regard. Of course, the Ethereum Foundation should be very smart to do this.
Trump tweeted, I want to wish our great bitcoin enthusiasts, Satoshi Nakamoto, a happy 16th anniversary of the Bitcoin white paper. We will end Harris' war on cryptocurrencies, bitcoin will be made in the USA, vote for Trump.
Dogecoin founder Shibetoshi Nakamoto said on social media: "I would like to reiterate that I have not created any other cryptocurrency other than Dogecoin (and Bells before that), created in 2013, have not been involved in the development of any cryptocurrency since 2014, and will not create or participate in any cryptocurrency in the future. Any claim that I am associated with it is a lie."
Trump responded to the re-assassination on his social media platform: "I want to thank everyone for their concern and well wishes - it was a really fun day. Most importantly, I want to thank the U.S. Secret Service, Sheriff Ric Bradshaw and his brave and dedicated Patriot's Office, and all law enforcement personnel for the excellent work they did today at Trump International Golf Club, protecting my safety as the 45th President of the United States and the Republican candidate for the upcoming p...
Three former executives of bankrupt cryptocurrency lender Cred have been charged with conspiracy to commit telegraphic transfer fraud, telegraphic transfer fraud, and engaging in financial transactions for illegal purposes. Cred co-founder and former CEO Daniel Schatt, former CFO Joseph Podulka, and former Chief Capital Officer James Alexander have been indicted by the U.S. Attorney's Office for the Northern District of California. Schatt and Podulka were allegedly arrested and made their first ...
