Ex-Nuveen Trader Sentenced to 70 Months in Insider-Trading Plot

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Ex-Nuveen Trader Should Get 70 Months for Insider Plot, US SaysFormer Nuveen LLC trader Lawrence Billimek should spend almost six years behind bars for front-running the firm’s trades as part of a $47 million insider-trading scheme, US prosecutors told a federal judge.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

Binance founder Changpeng Zhao sentenced to 4 months for allowing money launderingSEATTLE (AP) — Former Binance CEO Changpeng Zhao was sentenced Tuesday to four months in prison for allowing rampant money laundering on the world’s largest cryptocurrency exchange.
Source: SooToday - 🏆 8. / 85 Read more »