Sunday, June 13, 2021
JAY TALKS CRYPTO
No Result
View All Result
  • Home
  • Bitcoin
    • Bitcoin Live
  • Ethereum
  • Cryptocurrency
    • Cryptocurrency live
  • Altcoins
    • Altcoins Daily
  • Cardano
    • Cardano Price Prediction
  • XLM Live
    • XLM
  • XRP
  • Litecoins
  • Dogecoin
  • More
    • Coingecko
    • Coin Bureau
  • Videos
JAY TALKS CRYPTO
No Result
View All Result
Home Coin Bureau

East Greenwich man pleads guilty to extortion | Local News

admin by admin
April 20, 2021
in Coin Bureau
0
East Greenwich man pleads guilty to extortion | Local News
189
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter


EAST GREENWICH- An East Greenwich man is facing up to 20 years in a federal prison after pleading guilty last week in a Brooklyn Federal Courtroom. Michael Hlady, also known as Michael Peters, pled guilty  to conspiring to extort a startup company for millions of dollars in the cryptocurrency Ether, according to the U.S. Attorney’s Office. 

Related articles

Birch Gold Group Named Sole Authorized Dealer of Australia’s Gold and Silver Florins, First Coins of Their Kind in Half a Century

Birch Gold Group Named Sole Authorized Dealer of Australia’s Gold and Silver Florins, First Coins of Their Kind in Half a Century

June 13, 2021
The U.S. Government’s Failed Attempt to Forge Unity Through Currency |
History

The U.S. Government’s Failed Attempt to Forge Unity Through Currency | History

June 13, 2021

According to the court filings in the case and details from the plea hearing, the victim company was a startup mobile-based business that issued cryptocurrency tokens such as Ether as loyalty rewards for generating user traffic to its clients’ products.  In order to raise needed capital, the Company planned to conduct an Initial Coin Offering in November 2017.

In connection with the ICO, Hlady told the Company’s executives that he had been a part of the Irish Republican Army, the National Security Agency, the Central Intelligence Agency and the Federal Bureau of Investigation; that he had been shot at and had killed people; and that he had ‘taken down’ a head of state.  

In March 2018, Hlady and his co-conspirator Steven Nerayoff issued threats to Company executives that included destruction of the Company if it did not agree to demands for additional funds and Company tokens.  On March 28, 2018, Hlady sent a text message to a Company executive stating, in part, ‘I promise I will destroy your community’ if the Company did not comply with the demands.  

As a result of this threat, the Company transferred 10,000 ETH to Nerayoff. At the time 10,000 ETH was worth approximately  $4.45 million, according to the U.S. Attorney’s Office. 

Mark  Lesko, Acting United States Attorney for the Eastern District of New York, said that he is thankful for the Federal Bureau of Investigation, New York Field Office, for their help on the case. 

“Hlady and his co-conspirator used strong-arm tactics to shake down a startup company of cryptocurrency and will now face punishment just like anyone else who extorts a business,” Lesko said. “This Office and its law enforcement partners are committed to protecting businesses from extortion in whatever manner it is perpetrated.” 

When Hlady was indicted, FBI Assistant Director-in-Charge William Sweeney Jr. stated, “when you peel back the layers of this case, an age-old extortion scheme is revealed with a modern day twist.” 

“Imposing forceful demands on a company for personal gain is risky business, whether one’s preference is to be paid off with cryptocurrency or cold hard cash. The FBI will continue to seek justice for victims who businesses have been targeted by these types of scams,” he added. 

It is undetermined when Hlady will be sentenced.



Source link

Tags: EastExtortionGreenwichGuiltylocalManNewsPleads
Share76Tweet47

Related Posts

Birch Gold Group Named Sole Authorized Dealer of Australia’s Gold and Silver Florins, First Coins of Their Kind in Half a Century

Birch Gold Group Named Sole Authorized Dealer of Australia’s Gold and Silver Florins, First Coins of Their Kind in Half a Century

by admin
June 13, 2021
0

Perth Mint's gold and silver florin coins, available only from Birch Gold Group We are absolutely thrilled Perth Mint...

The U.S. Government’s Failed Attempt to Forge Unity Through Currency |
History

The U.S. Government’s Failed Attempt to Forge Unity Through Currency | History

by admin
June 13, 2021
0

Momentum for the “Tubman Twenty” comes at a time when Americans are reexamining foundational values of equality and democracy....

FBI Seizes 800 Beverly Hills Safety Deposit Boxes With $86M, Attorneys Claim Fed’s Raid ‘Unconstitutional’ – Bitcoin News

FBI Seizes 800 Beverly Hills Safety Deposit Boxes With $86M, Attorneys Claim Fed’s Raid ‘Unconstitutional’ – Bitcoin News

by admin
June 12, 2021
0

The Federal Bureau Investigation (FBI) is under fire for an alleged unconstitutional seizure of 800 safety deposit boxes in...

Bitcoin and Encryption: A Race Between Criminals and the F.B.I.

Bitcoin and Encryption: A Race Between Criminals and the F.B.I.

by admin
June 12, 2021
0

Law enforcement also has an advantage when it gets ahold of digital devices. Despite claims from Apple, Google and...

New BEP facility in Maryland closer to reality

New BEP facility in Maryland closer to reality

by admin
June 12, 2021
0

A new currency production facility in the Washington, D.C., area is a step closer to reality with the publication...

Load More
  • Trending
  • Comments
  • Latest
2021 Coinbase Debit Card Review • Pros, Cons & More • Benzinga

2021 Coinbase Debit Card Review • Pros, Cons & More • Benzinga

April 14, 2021
MASSIVE NEWS Hokkaido inu Exchange news+ More! 1000x gem! If you missed shiba inu dont miss this!

MASSIVE NEWS Hokkaido inu Exchange news+ More! 1000x gem! If you missed shiba inu dont miss this!

May 12, 2021
Kishu Inu Mega pump! We called it first! Kishu inu Pump update+ Discord updates!

Kishu Inu Mega pump! We called it first! Kishu inu Pump update+ Discord updates!

May 15, 2021
Shiba Inu coin 1000x Exchange+massive news+ Shib Price Prediction!

Shiba Inu coin 1000x Exchange+massive news+ Shib Price Prediction!

May 11, 2021
Best Cryptocurrencies Under 1 Cent • Top 5 • Benzinga

Best Cryptocurrencies Under 1 Cent • Top 5 • Benzinga

0
Want to be rich? Bitcoin’s limited supply cap means you only need 0.01 BTC

Want to be rich? Bitcoin’s limited supply cap means you only need 0.01 BTC

0
Risky business

Risky business

0
Cardano Price Analysis: 07 March

Cardano Price Analysis: 07 March

0
Best Cryptocurrencies Under 1 Cent • Top 5 • Benzinga

Best Cryptocurrencies Under 1 Cent • Top 5 • Benzinga

June 13, 2021
Ontario Lottery and Gaming Corporation – EVENING LOTTERY WINNING NUMBERS

Ontario Lottery and Gaming Corporation - EVENING LOTTERY WINNING NUMBERS

June 13, 2021
$288K BTC price ‘still in play’ says PlanB as Bloomberg champions Bitcoin halving

$288K BTC price ‘still in play’ says PlanB as Bloomberg champions Bitcoin halving

June 13, 2021
How Bitcoin Has Fueled Ransomware Attacks

How Bitcoin Has Fueled Ransomware Attacks

June 13, 2021

Recent News

Best Cryptocurrencies Under 1 Cent • Top 5 • Benzinga

Best Cryptocurrencies Under 1 Cent • Top 5 • Benzinga

June 13, 2021
Ontario Lottery and Gaming Corporation – EVENING LOTTERY WINNING NUMBERS

Ontario Lottery and Gaming Corporation - EVENING LOTTERY WINNING NUMBERS

June 13, 2021

Categories

  • Altcoins
  • Altcoins Daily
  • Bitcoin
  • Bitcoin Live
  • Cardano
  • Cardano Price Prediction
  • Coin Bureau
  • Coingecko
  • Cryptocurrency
  • Cryptocurrency live
  • Dogecoin
  • Ethereum
  • Litecoins
  • Videos
  • XLM
  • XLM Live
  • XRP

Follow Us

Calculator

 
  • Privacy & Policy
  • About Us
  • Contact Us

© 2021 Jay Talks Crypto  

No Result
View All Result
  • Home
  • Bitcoin
    • Bitcoin Live
  • Ethereum
  • Cryptocurrency
    • Cryptocurrency live
  • Altcoins
    • Altcoins Daily
  • Cardano
    • Cardano Price Prediction
  • XLM Live
    • XLM
  • XRP
  • Litecoins
  • Dogecoin
  • More
    • Coingecko
    • Coin Bureau
  • Videos

© 2021 Jay Talks Crypto