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Bitcoin hacker sentenced to five years in prison

A hacker has been sentenced to five years in a US prison for laundering the proceeds of one of the biggest ever cryptocurrency thefts. Ilya Lichtenstein pleaded guilty last year to hacking into the Bitfinex cryptocurrency exchange in 2016 and stealing almost 20,000 bitcoin. He laundered the stolen cryptocurrency with the help of his wife […]

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‘Fat Leonard,’ Navy contractor behind one of the military’s biggest scandals, sentenced to 15 years

SAN DIEGO (AP) — Former military defense contractor Leonard “Fat Leonard” Francis was sentenced Tuesday to 15 years in prison for masterminding a decade-long bribery scheme that swept up dozens of U.S. Navy officers, federal prosecutors said. U.S. District Judge Janis L. Sammartino also ordered Francis to pay $20 million in restitution to the Navy […]