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HashFlare founder faces 10 years in prison for $577 million fraud, US demands harsh punishment
3 hours ago

Odaily Planet Daily reports that Sergei Potapenko and Ivan Turõgin, co-founders of the defunct crypto mining services company HashFlare, pleaded guilty to wire fraud and requested no additional prison sentences from a US court, despite prosecutors recommending 10 years in prison for each. In a sentencing memorandum filed in federal court in Seattle, prosecutors stated that the two orchestrated a $577 million Ponzi scheme, resulting in approximately $300 million in losses for victims, making it the largest fraud case ever tried by the court. The defendants requested a reduced sentence, citing time already served while detained in Estonia and their cooperation with the case. (Cointelegraph)

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RWA registration platform officially launched in Hong Kong
SOL breaks through 170 USDT, with a 24-hour increase of 3.47%
Binance Alpha will list TaleX (X), with an airdrop requirement of at least 200 Alpha Points.
SoftBank Group's first-quarter net profit was 421.82 billion yen, compared with market expectations of 158.23 billion yen.
Binance Alpha will list INFINIT (IN) with an airdrop requirement of at least 200 Alpha Points.
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