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Seattle Court Sentences Former CFO for Unauthorized $35M Cryptocurrency Gamble

March 8, 2026
in Crypto Updates
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Nevin Shetty, the previous senior govt of startup Material, has been sentenced to 2 years in jail for a $35 million wire fraud scheme involving a high-risk cryptocurrency gamble. A Secret Aspect-Enterprise A former chief monetary officer’s (CFO) try to show his employer’s treasury into a private cryptocurrency “ yield farm” has led to a […]



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Tags: 35MCFOcourtCryptocurrencyGambleSeattleSentencesUnauthorized
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