Pleads

Third Centra Tech Founder Pleads Guilty to ICO Fraud

Third Centra Tech Founder Pleads Guilty to ICO Fraud

U.S. prosecutors have secured a guilty plea from Sohrab Sharma, a co-founder of the Centra Tech initial coin offering (ICO) fraud. Disclosure The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of …

Third Centra Tech Founder Pleads Guilty to ICO Fraud Read More »

Digital Currency Guru of $568M Cyber Fraud Forum Pleads Guilty

Digital Currency Guru of $568M Cyber Fraud Forum Pleads Guilty

Sergey Medvedev, a Russian national who operated a digital currency escrow service for the $568 million payment card fraud forum he founded in 2010, pleaded guilty to racketeering charges in what the U.S. government called its largest ever cyber fraud case.  Medvedev, 33, admitted in his June 26 plea before the U.S. District Court for …

Digital Currency Guru of $568M Cyber Fraud Forum Pleads Guilty Read More »