CHART: How long are prison sentences for crypto criminals in the US?
When FTX supremo Sam Bankman-Fried was sentenced to 25 years behind bars back in March, he joined a long list of crypto figureheads who have been handed stiff punishments for being caught with either their fingers in the cash register or using blockchain technology to facilitate equally unscrupulous deeds. Also on the list, there are dark web administrators (Silk Road mastermind Ross Ulbricht and Dream Market’s Gal Vallerius), price manipulators (Mango Markets’ Avraham Eisenberg), and insider traders (NFT swindler Nathaniel Chastain). And, as you’d expect from some of the most powerful players in a fledgling industry that’s been referred to as both ‘the future of finance’ and the ‘Wild West,’ the amounts they’ve been convicted of stealing, misappropriating, or earning are far from insignificant. In some cases, we’re talking tens of billions . As such, regulators, governments, and law enforcement — particularly those ...