US prosecutors double down on 10-year sentence for HashFlare co-founders

The two men pleaded guilty to conspiracy to commit wire fraud in February and later received a letter directing them to “self-deport” from the United States.

Update (Aug. 13 at 2:20 am UTC): This article has been updated to reflect that a sentencing hearing was scheduled for Tuesday.

Two Estonian nationals who co-founded the cryptocurrency mining service HashFlare are scheduled to be sentenced on Tuesday after pleading guilty to conspiracy to commit wire fraud as part of a plea deal with prosecutors.

In a Monday filing, US prosecutors pushed back against many of the claims made by lawyers for HashFlare co-founders Sergei Potapenko and Ivan Turogin in their sentencing recommendation.

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