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Finance
Grandson of Notorious Mob Boss John Gotti Sentenced to Prison for $1.1 Million Covid Relief Scam and Crypto Investment Scheme
Carmine Agnello, the grandson of notorious mob boss John Gotti, has been sentenced to 15 months in prison for his role in a $1.1 million Covid relief fund scam, with the proceeds used to invest in cryptocurrency, according to the Department of Justice. In a statement, the US Attorney's Office for the Eastern District of New York revealed that Agnello had fraudulently obtained multiple disaster re…
April 21, 2026, 7:10 p.m.
Finance
Grandson of Notorious Mob Boss John Gotti Sentenced to Prison for Covid-19 Relief Fund Scam and Crypto Investment Scheme
Carmine Agnello, the grandson of notorious mob boss John Gotti, has been sentenced to 15 months in prison for his role in defrauding the US government's Covid-19 relief funding system of $1.1 million, with a substantial amount invested in cryptocurrency, according to the Department of Justice. In a statement, the US Attorney's Eastern District of New York office revealed that Agnello secured mult…
April 21, 2026, 7:10 p.m.
Finance
John Gotti's Grandson Faces Prison Time for $1.1 Million COVID Relief Scam and Crypto Investment Scheme
Carmine Agnello, the grandson of infamous mob boss John Gotti, has been sentenced to 15 months in prison for scamming the US government's COVID relief funding system out of $1.1 million, with a substantial amount used to invest in cryptocurrency. According to the Department of Justice, Agnello fraudulently obtained multiple disaster relief loans from the Small Business Administration and diverted…
April 21, 2026, 7:10 p.m.
Finance
Grandson of Notorious Mob Boss John Gotti Sentenced to Prison for Covid Relief and Cryptocurrency Scam
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April 21, 2026, 7:10 p.m.
Finance
Grandson of Notorious Mob Boss John Gotti Sentenced to Prison for Covid-19 Relief Fraud and Crypto Scheme
Carmine Agnello, grandson of the notorious mob boss John Gotti, has been sentenced to 15 months in prison for his role in a $1.1 million Covid-19 relief fund scam, with a significant portion of the proceeds invested in cryptocurrency ventures, according to the Department of Justice. In a statement, the US Attorney's Office for the Eastern District of New York revealed that Agnello had fraudulentl…
April 21, 2026, 7:10 p.m.
Finance
Grandson of Notorious Mob Boss John Gotti Sentenced to Prison for Covid-19 Relief Scam and Cryptocurrency Scheme
None
April 21, 2026, 7:10 p.m.
Finance
Major Banks May Rethink Blockchain Plans Following Crypto's Huge Exploit, Warns Jefferies
A significant decentralized finance (DeFi) breach may lead Wall Street firms to reevaluate the pace of their blockchain and tokenization efforts, according to a report by a Jefferies analyst. The report comes after a $293 million exploit of Kelp DAO on April 18, where attackers created unbacked tokens and used them as collateral to borrow assets across lending platforms, potentially linked to Nor…
April 21, 2026, 6:25 p.m.
Finance
Major Banks May Rethink Blockchain Plans After Crypto's Massive Exploit
A recent major hack in the decentralized finance sector could lead Wall Street firms to reevaluate the pace of their blockchain and tokenization efforts, according to a report by a Jefferies analyst. The report follows a $293 million exploit of Kelp DAO on April 18, where attackers created unbacked tokens and used them as collateral to borrow assets across various lending platforms. The incident …
April 21, 2026, 6:25 p.m.
Finance
Major Crypto Hack May Prompt Banks to Rethink Blockchain Plans
A significant hack in the decentralized finance sector could lead to a reevaluation of the pace at which Wall Street firms are implementing blockchain and tokenization efforts, according to a report by Jefferies. The report follows a $293 million exploit of Kelp DAO, which occurred on April 18 and involved attackers creating unbacked tokens to borrow other assets across lending platforms. This in…
April 21, 2026, 6:25 p.m.
Finance
Major Cryptocurrency Breach May Prompt Large Banks to Reconsider Blockchain Strategies
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April 21, 2026, 6:25 p.m.