New York-based cryptocurrency hedge fund manager Stefan He Qin was sentenced to seven and a half years in prison for fraud on Sept. 15.
U.S. District Judge Valerie E. Caproni also ordered the confiscation of $54,793,532.
Chinese Australian Man Sentenced to 7 ½ Years in Prison for Crypto Hedge Fund Fraud
A physical imitation of the Bitcoin crypto currency is seen in Paris, France, on April 26, 2021. Martin Bureau/AFP via Getty Images
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Alex Wu
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Alex Wu is a U.S.-based writer for The Epoch Times focusing on Chinese society, Chinese culture, human rights, and international relations.
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