The post Seattle Court Sentences Former CFO for Unauthorized $35M Cryptocurrency Gamble appeared on BitcoinEthereumNews.com. Nevin Shetty, the former senior executiveThe post Seattle Court Sentences Former CFO for Unauthorized $35M Cryptocurrency Gamble appeared on BitcoinEthereumNews.com. Nevin Shetty, the former senior executive

Seattle Court Sentences Former CFO for Unauthorized $35M Cryptocurrency Gamble

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Nevin Shetty, the former senior executive of startup Fabric, has been sentenced to two years in prison for a $35 million wire fraud scheme involving a high-risk cryptocurrency gamble. A Secret Side-Business A former chief financial officer’s (CFO) attempt to turn his employer’s treasury into a personal cryptocurrency “ yield farm” has ended in a […]

Source: https://news.bitcoin.com/seattle-court-sentences-former-cfo-for-unauthorized-35m-cryptocurrency-gamble/

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