A federal court in Manhattan sentenced the founder of a $25 million ICO scam to 87 months and a fine of up to $250,000.
Source: https://cointelegraph.com/news/crypto-founder-sentenced-to-seven-years-in-prison-for-25-million-scam
Crypto Founder Sentenced to Seven Years in Prison for $25 Million Scam
June 17, 2020
CoinTelegraph