Sergei Potapenko and Ivan Turõgin, founders of the now-defunct HashFlare, have avoided additional prison time. Though initially sentenced to 16 months in a $577M Ponzi scheme case, their sentence was significantly reduced after they spent that time already in custody. Judge Robert Lasnik ordered them to pay a $25K fine each and complete 360 hours of supervised community service, while forfeiting over $450M worth of real estate, cars, crypto assets, and mining equipment seized by the U.S. government and foreign partners. The case remains significant as it is one of the largest in history. The Department of Justice previously expressed its belief for a 10-year sentence but will continue to pursue options regarding appeals.