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HashFlare founders want no more jail time as US asks for 10 years

Sergei Potapenko and Ivan Turõgin asked a court for time served after admitting to wire fraud, but US prosecutors want them imprisoned for 10 years for their "classic Ponzi scheme.”

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

HashFlare founders want no more jail time as US asks for 10 years

Sergei Potapenko and Ivan Turõgin asked a court for time served after admitting to wire fraud, but US prosecutors want them imprisoned for 10 years for their "classic Ponzi scheme.”

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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Read on Cointelegraph

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