Co-Founder of Now-Defunct BitFunder Gets 14 Months Imprisonment By Cointelegraph


Co-Founder of Now-Defunct BitFunder Gets 14 Months Imprisonment

The operator of now-defunct (BTC) exchange BitFunder, Jon Montroll, has received a 14 months prison sentence following federal charges of obstruction of justice and securities fraud, finance and trading industry news outlet FinanceFeeds reported on July 12.

The proceedings against Montroll began last year. In July 2018, Montroll pleaded guilty to obstruction of justice, admitting that he provided false balance statements to the United States Securities and Exchange Commission in an investigation of the fake 6,000 BTC BitFunder hack in 2013.

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