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HashFlare co-founders Sergei Potapenko and Ivan Turõgin have avoided additional jail time after admitting to their roles in a $577 million crypto Ponzi scheme. The duo received time served, fines, and community service in a Seattle federal court.
- HashFlare founders received no additional jail time despite admitting to a $577M fraud.
- Both were fined $25,000 and must complete 360 hours of community service in Estonia.
- Prosecutors may appeal the sentence, citing concerns over its leniency.
📎 Related coverage from: cointelegraph.com
