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In a Jan. 27 hearing at the US District Court for the Southern District of New York (SDNY), Judge Analisa Torres — the same judge presiding over the US Securities and Exchange Commission’s case against Ripple Labs — sentenced Hernandez to 30 months for her involvement in the crypto scheme. Hernandez pleaded guilty to working with her co-conspirators to steal roughly $8.4 million from investors between 2017 and 2021 by promoting crypto trading and mining on Forcount, promising significant returns.
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