Former Ethereum advisor Steven Nerayoff and his assistant Michael Hlady have been arrested and charged with extorting millions of dollars in crypto funds.Nerayoff Facing Jail Time?The Justice Department has released a statement about the incident, claiming that both men were threatening to “destroy a startup cryptocurrency company if they were not paid millions of dollars” in ether tokens. U.S. Attorney Richard Donoghue explains: As alleged, Nerayoff and Hlady carried out an old-fashioned...
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