$35M Diverted To Crypto: Ex-CFO Gets 2-Year Prison Term

He told his colleagues only after the money was gone. Nevin Shetty, the former chief financial officer of a Seattle-based tech startup, was sentenced Thursday to two years in federal prison after s...

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$35M Diverted To Crypto: Ex-CFO Gets 2-Year Prison Term

Source: Bitcoinist.com

He told his colleagues only after the money was gone. Nevin Shetty, the former chief financial officer of a Seattle-based tech startup, was sentenced Thursday to two years in federal prison after secretly transferring $35 million in company funds into a cryptocurrency platform he ran on the side — then watching nearly all of it […]

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