California man jailed in $250M crypto theft case
A US federal court has sentenced a California man to 78 months in prison for participating in a nationwide crypto theft conspiracy that stole more than $250 million in digital assets.

TV presenter and finance editor at Grafa, with a Master’s in Commerce from UWA and diverse industry experience in finance, insurance, and media.
A US federal court has sentenced a California man to 78 months in prison for participating in a nationwide crypto theft conspiracy that stole more than $250 million in digital assets.
Atlantic Lithium (ASX:A11) entered into a binding scheme implementation deed for its acquisition by Chinese battery material giant Zhejiang Huayou Cobalt.
Aave Labs has liquidated the Kelp DAO attacker’s remaining rsETH positions on Ethereum and Arbitrum in a major step towards restoring the protocol after April’s $293 million exploit.
Arovella Therapeutics (ASX:ALA) appointed Dr Nicole Van Der Weerden as acting CEO, effective immediately.
Executives from Robinhood Markets Inc., Ondo Finance and Babylon Labs said Wall Street’s migration into crypto infrastructure is underway but progressing more slowly and unevenly than the industry initially expected.
BTQ Technologies said it has deployed a quantum-safe stablecoin proof-of-concept in partnership with iM Bank and Finger Inc. to support South Korea’s first bank-led KRW stablecoin pilot.
Warby Parker (NYSE:WRBY) reported first-quarter results for 2026 that exceeded internal guidance across all key financial metrics, signaling resilient demand for its affordable luxury eyewear and integrated vision services.
Gibraltar Industries (NASDAQ:ROCK) reported a transformative first quarter for 2026, marked by the strategic absorption of OmniMax International and a subsequent shift in its core business focus.
McDonald’s (NYSE:MCD) delivered a strong start to 2026, leveraging its digital infrastructure and global scale to drive double-digit growth in systemwide sales.
Leggett & Platt (NYSE:LEG) saw its first-quarter sales decline by double digits as the company moves toward a structural exit from the public markets.
Got a second for a cookie? 🍪Essential cookies keep Grafa running smoothly. A few optional ones help us see what's working so we can make it better. You're in control — change your mind any time. Cookie policy · Privacy policy