US prosecutors have appealed the lenient sentences handed down to the Estonian co-founders of HashFlare, a collapsed crypto mining venture they accused of orchestrating a $577 million Ponzi […]
US Appeals Sentencing of HashFlare Founders in Major Crypto Ponzi Scheme
Prosecutors have challenged the sentences handed down to Sergei Potapenko and Ivan Turõgin, co-founders of defunct crypto mining service HashFlare, accused of orchestrating a $577 million Ponzi scheme. […]
HashFlare Founders Sentenced: $577M Crypto Scheme Lands Co-Conspirators Behind Bars
Sergei Potapenko and Ivan Turõgin, the co-founders of defunct crypto mining platform HashFlare, have been sentenced to 16 months in prison. Their sentence reflects a lighter penalty than […]
HashFlare Founders Receive Prison Time Reduction in $577M Ponzi Scheme Case
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 […]
DOJ May Appeal Time-Served Sentence in $577M HashFlare Ponzi Scheme
The mastermind behind the HashFlare cryptocurrency Ponzi scheme, which defrauded over 400,000 investors out of more than $577 million, has avoided additional jail time after a Seattle court […]
DHS Orders HashFlare Co-Founders to Leave US Despite Court Order
Two former co-founders of the defunct crypto mining firm Hashflare, Sergei Potapenko and Ivan Turõgin, face potential legal action after receiving an order from the Department of Homeland […]
HashFlare Founders Ordered To Leave U.S., Contradicting Court Ruling
The U.S. Department of Homeland Security (DHS) has ordered the founders of bankrupt cryptocurrency mining company HashFlare, Sergei Potapenko and Ivan Turõgin, to leave the country immediately. This […]