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Ethereum News

Ex-CFO Nevin Shetty sentenced for wire fraud after diverting $35 million to cryptocurrency platform
Ethereum News

Ex-CFO Gets 2 Years for Diverting $35M Startup Cash to Crypto

March 7, 2026 Jackson Miller

A federal judge in Seattle, Washington, sentenced former chief financial officer Nevin Shetty to two years in prison on Thursday, March 12, 2026, for wire fraud. Shetty secretly diverted $35 million from the startup where he worked to his personal cryptocurrency platform in 2022. The U.S. Department of Justice confirmed the sentence, which also includes […]

  • Breaking: Dems Unveil Bill to Ban Insider Trading on Prediction Markets After Iran Strike Bets
  • Exclusive: Crypto Games Beat AI for Wealth, Axie Co-Founder Exits in Major Web3 Shift
  • Breaking: 6 Massive Hurdles Threaten Bitcoin’s Quantum Security Timeline
  • Breaking: Trump’s Cyber Strategy Pledges Unprecedented Crypto Protection
  • Breaking: Bitdeer Sells All Bitcoin as Asia’s Crypto Strategy Shifts in 2026
  • Breaking: Coinbase’s $667M Loss Ends Profit Streak as Ethereum Targets V-Shaped Recovery
  • China’s Gold Hoarding Strategy: 15-Month Accumulation Targets US Dollar Dominance
  • Breaking: Bitcoin Difficulty Plunges 11% as Buterin Sells $6.6M Ethereum
  • Breaking: Viral Nickel Melt Scheme Exposed as Illegal, Impractical vs Bitcoin
  • Breaking: 73K ETH Dump Shakes Market as Asia Tightens Crypto Rules
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  • Breaking: Dems Unveil Bill to Ban Insider Trading on Prediction Markets After Iran Strike Bets
    March 7, 2026
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