Skip to content

xpool.eu

crypto news aggregator

by: xpoolPosted on: September 1, 2025

Former Cred Executives Sentenced for Cryptocurrency Fraud

Two former executives of the cryptocurrency lending platform Cred have been sentenced for their involvement in a fraudulent scheme. Daniel Schatt, the former CEO, received a 52-month prison sentence, while Joseph Podulka, the former CFO, was sentenced to 36 months. Both pleaded guilty to conspiracy to commit wire fraud, facing charges related to actions during the turbulent 2020 cryptocurrency market crash.

Related posts:

  1. Crypto Fraudster Faces 18 Years in Prison: $12 Million Scam Sentence
  2. Charles Schwab to Launch Spot Crypto Trading Platform: A Major Move for Industry Participation
  3. Deutsche Bank, Standard Chartered Explore Deeper Crypto Presence in US
  4. Cryptocurrency Project Founder Arrested for Mishandling Investor Funds
Cryptocurrency Fintech Fraud

Post navigation

Previous PostPrevious Scaramucci Predicts 40% Drop Before Bitcoin Hits $500K
Next PostNext CoinMarketCap Clarifies WLFI Token Supply Information

#BTC AI Altcoin Altcoins Binance Bitcoin Blockchain BlockDAG Cardano Coinbase Crypto Cryptocurrency Crypto Market Crypto Presale Crypto Regulation DeFi Dogecoin ETF Ethereum Finance Fintech Institutional Investment Investment MAGACOINFINANCE Market Analysis Market Trends Market Volatility Meme Coin Meme Coins Pi Network Presale Price Prediction Regulation Ripple SEC Shiba Inu Solana Stablecoin Stablecoins SUI Technical Analysis Trading Trump Web3 XRP

Copyright © 2025 xpool.eu
Manage Consent
To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
Functional Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
Manage options Manage services Manage {vendor_count} vendors Read more about these purposes
View preferences
{title} {title} {title}