Cryptonews.com
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20:20 Aug 13, 2025
Two Estonian men behind the $577M HashFlare Ponzi have been sentenced to time served after 16 months in custody, forfeiting over $450M in assets. Prosecutors, who sought 10-year terms, are considering an appeal over what they view as an unusually light penalty in one of crypto’s largest fraud cases. The post HashFlare Ponzi Founders Get Time Served for $577M Crypto Scheme, Escape Additional Jail appeared first on Cryptonews.