News

Midweek Roundup: Bitfinex Hacker’s Wife Jailed, BIT Mining Settles Bribery Case, and More

Heather Morgan, wife of the principal orchestrator of the theft and laundering of billions of dollars of cryptocurrency from Bitfinex eight years ago, has been sentenced to 18 months in prison by a federal judge in Washington, D.C., Bloomberg reported. More BIT Mining, a cryptocurrency mining platform in Ohio, will pay the U.S. Justice Department and Securities and Exchange Commission $10 million to settle allegations that the company bribed Japanese officials to obtain a casino license, Cointelegraph reported. More The Justice Department charged BIT Mining's former chief executive, Chinese national Zhengming Pan, with bribery. More "U.S. Person-1" has been fined...

TO READ THE FULL STORY