The judge who shook the encryption industry by its ruling that changes the XRP game is the headlines again. Judge Angisa Torres, whose prominent decision was that XRP sales were not securities, the promoter of the Ponzi encryption plan for 30 months on Thursday for defrauding investors worth $ 8.4 million.

The sentence comes a few days after the presentation of the Supreme Education Council attractiveness A challenge for Torres's referee earlier, which distinguished between institutional sales and XRP retail sales, proves how some distinctive symbols are not in nature when they are sold to retail investors on stock exchanges.

Torres referee 2024 has sent shock waves across industry. Now, there is another major case revolving around the political drama at stake.

In issuing the ruling, Judge Torres described how Hernandez sold "metal currencies" with reference to the evidence that Hernandez continues to participate in similar plans.

The ruling follows Hernandez's approval of guilt to conspire to commit the wire fraud fees from July last year after that Fees It was first sent by the Supreme Education Council in 2022.

Judge Torres said before obtaining the ruling, "There is some evidence that she has made since then," in reference to the claims of prosecutors that Hernandez participated in multiple investment plans in the encrypted currency.

Hernandez worked with the conspirators participating between 2017 and 2021 to promote trading and mining operations at forcount, according to Sealed indictment regulations In detail, their role in generating "excitement (...) in order to recruit victims in the plan."

The planned investors promised that they would double their investments within six months through guaranteed returns.

The Court Prosecutor said: "When Mrs. Hernandez, when she complained, asked the victims to come to the next plan," describing the court, describing how investors were disappointed with other fraudulent opportunities.

According to Hernandez, he faced Hernandez at the La Gardadia Airport in New York City, after which she deleted the records of transactions on her phone.

The verdict sheds light on the impact of the plans on the victims, as one investor told the court that they had lost retirement and marriage savings due to fraud. The victims also reported their feeling particularly weak due to the state of migration.

"The victims were terrified, and many were not documented in the new administration," a Court text From the details of the city's internal press, quoting an American lawyer.

Driving changes in the Supreme Court in Manhattan

The sentence comes amid leadership changes in the southern province in New York, after the departure of US Prosecutor Damian Williams in December.

Williams led the prosecution on prominent cases that led to imprisonment of figures such as FTX Founder Sam Sam Bankman Farid and Gayenn Maxwell and Jeffrey Epstein. Williams also worked on the case against rapper Sean "Didi" Comes, who is currently waiting for the trial.

He was former SEC president Jay Clayton Nominated By President Donald Trump as a substitute William, indicating a possible shift in the office's approach to prosecuting crime related to encryption. Clayton is awaiting the Senate's assertion of this role.

The FORCOUNT case resulted in several related condemnation, as the great promoter Juan Takori obtained a 20 -year prison sentence in October 2024.

The founder of the plan, Francisley da Silva, is still being held in Brazil.

Edit Stacy Elliot.