Alex Mashinsky’s reported New York settlement: up to $35 million, a $10 million forfeiture, a 12-year prison sentence, and a lifetime ban from the industry.

Alex Mashinsky’s reported New York settlement: up to $35 million, a $10 million forfeiture, a 12-year prison sentence, and a lifetime ban from the industry.

The Defiant reports that the settlement’s payments are conditional on federal forfeiture payments and completion of his prison sentence. The supplied reports do not specify the payment schedule or define the ban’s precise scope. The Defiant · BitcoinArchive’s post · DefiantNews’ post