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Early Ethereum Advisor Steven Nerayoff were Arrested for Allegedly Extorting Millions of Dollars in Cryptocurrency

Tracy Chen

Summary: Steven Nerayoff, a tech entrepreneur connected to Ethereum, CasperLabs, tZero and dozens of other initial coin offering (ICOs) and cryptocurrency projects, was arrested today along with Michael Hlady on racketeering charges.The charges were announced by the U.S. attorney for the eastern district of New York and the fbi's New York field office.Nerayoff and Hlady made ...

Steven Nerayoff, a tech entrepreneur connected to Ethereum, CasperLabs, tZero and dozens of other initial coin offering (ICOs) and cryptocurrency projects, was arrested today along with Michael Hlady on racketeering charges.The charges were announced by the U.S. attorney for the eastern district of New York and the fbi's New York field office.Nerayoff and Hlady made their first appearance in federal court this afternoon.They face up to 20 years in prison if convicted.

Author:Tracy Chen

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