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HashFlare founders given time served for $577M crypto Ponzi

HashFlare co-founders Sergei Potapenko and Ivan Turõgin were given time served for admitting their roles in a $577 million scheme; prosecutors say they’re weighing an appeal.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

HashFlare founders given time served for $577M crypto Ponzi

HashFlare co-founders Sergei Potapenko and Ivan Turõgin were given time served for admitting their roles in a $577 million scheme; prosecutors say they’re weighing an appeal.

Why this matters

This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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