Sentencing news and trends

DOJ Announces Sentencing in Former Outcome Health Executives’ Fraud Convictions
Legal // July 01, 2024

The Department of Justice (DOJ) has announced the sentences handed down to three former executives of Chicago-based health technology startup Outcome Health, who were convicted on fraud charges in April 2023. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Binance Founder Changpeng Zhao Sentenced to 4 Months in Prison
Cryptocurrency // April 30, 2024

Changpeng Zhao, the founder of cryptocurrency exchange Binance, was sentenced to four months in prison on Tuesday (April 30). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to...

Prosecutors Seek 40- to 50-Year Term for Sam Bankman-Fried
Legal // March 15, 2024

Federal prosecutors are seeking a 40- to 50-year prison sentence for Sam Bankman-Fried, the former CEO of the now-bankrupt cryptocurrency exchange FTX, over charges of massive fraud. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Report: Former Celsius Executive Pleads Guilty and Cooperates with Prosecutors
Legal // September 14, 2023

A former executive at now-bankrupt Celsius Network, Roni Cohen-Pavon, has reportedly pleaded guilty to criminal charges in the United States and has agreed to cooperate with prosecutors’ investigations. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Quick Reads
Two Former FTX Executives to Be Sentenced in October, November

July 09, 2024
Two former FTX executives who testified against the cryptocurrency exchange’s co-founder, Sam Bankman-Fried, now know when they will face sentencing hearings. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing […]

DOJ Announces Sentencing in Former Outcome Health Executives’ Fraud Convictions

July 01, 2024
The Department of Justice (DOJ) has announced the sentences handed down to three former executives of Chicago-based health technology startup Outcome Health, who were convicted on fraud charges in April 2023....

Binance Founder Changpeng Zhao Sentenced to 4 Months in Prison

April 30, 2024
Changpeng Zhao, the founder of cryptocurrency exchange Binance, was sentenced to four months in prison on Tuesday (April 30). Get the Full Story Complete the form to unlock this article and...

Prosecutors Seek 40- to 50-Year Term for Sam Bankman-Fried

March 15, 2024
Federal prosecutors are seeking a 40- to 50-year prison sentence for Sam Bankman-Fried, the former CEO of the now-bankrupt cryptocurrency exchange FTX, over charges of massive fraud. Get the Full...