Crypto Custody Agent Dodges Jail After Lying About Millions Stolen By Cointelegraph

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Crypto custodian agent evades jail after lying about stolen millions

A federal judge in Manhattan released an escrow agent for misleading a cryptocurrency investment manager by purchasing $ 3.25 million on his behalf in 2018.During a February 4 videoconference hearing, the US district judge Edgardo Ramos ordered Volantis Market Making Pennsylvania founder John Barry Thompson repay the $ 3.25 million to New York-based investment manager Iterative OTC and sentenced him to three years of supervised release. Thompson pleaded guilty in October 2020. Continue reading on Coin Telegraph

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