{"id":138246,"date":"2024-10-01T16:30:29","date_gmt":"2024-10-01T13:30:29","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=138246"},"modified":"2024-10-01T11:48:46","modified_gmt":"2024-10-01T08:48:46","slug":"272-years-of-sentences-in-crypto-sector-from-2019-to-2023","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/272-years-of-sentences-in-crypto-sector-from-2019-to-2023\/","title":{"rendered":"272 Years of Sentences in Crypto Sector from 2019 to 2023"},"content":{"rendered":"<p>According to a <strong><a href=\"https:\/\/socialcapitalmarkets.net\/crypto-trading\/crypto-jail-sentences-report\/\" target=\"_blank\" rel=\"nofollow\">report<\/a><\/strong> from Social Capital Markets, key players in the sector have received a total of 272 years in prison, reflecting a 267% rise in successful prosecutions from 2019 to 2023.<\/p>\n<p>Notably, Ross Ulbricht, founder of the Silk Road marketplace, received a double life sentence plus 40 years in 2015. Over 10% of crypto offenders in the U.S. have been sentenced to more than 20 years, with the average for the ten most significant cases exceeding that mark, particularly for money laundering and fraud.<\/p>\n<p>Carl Sebastian Greenwood, co-founder of OneCoin, is another high-profile convict, sentenced to 20 years for one of the largest Ponzi schemes in crypto history.<\/p>\n<style>\n    .dark-mode .read-more {background-color: #343a40 !important;}\n<\/style>\n<div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1 d-none d-md-block\">READ MORE:<\/h5>\n    <a class=\"article row\" href=\"https:\/\/cryptodnes.bg\/en\/crypto-whale-loses-32-million-in-shocking-scam\/\" title=\"Crypto Whale Loses $32 Million in Shocking Scam\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img decoding=\"async\" class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/07\/empty-wallet-240x170.jpg\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">Crypto Whale Loses $32 Million in Shocking Scam<\/h4>           \n            \n        <\/div>        \n    <\/a>\n<\/div>\n<p>The U.S. has implemented strict penalties that may influence global standards against financial crimes in the crypto space, indicating a move toward aligning the industry with traditional finance.<\/p>\n<p>However, concerns persist regarding the disparate treatment of crypto criminals compared to their traditional finance counterparts. Social Capital Markets poses a crucial question: are these severe sentences meant to deter or to integrate the crypto sector into a broader regulatory framework?<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The cryptocurrency industry faces intensified legal scrutiny, with significant prison sentences handed down to prominent figures.<\/p>\n","protected":false},"author":3,"featured_media":25854,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[26],"tags":[],"class_list":["post-138246","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocrime"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.8.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>272 Years of Sentences in Crypto Sector from 2019 to 2023<\/title>\n<meta name=\"description\" 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