BitConnect defendant Glenn Arcaro’s BitConnect sentencing has been delayed until Might sixth, 2022.
As detailed in a December seventh Joint Movement requesting Arcaro’s sentencing be continued;
(The events) collectively transfer to proceed the sentencing on this matter, at present set for January 7, 2022 to Might 6, 2022.
The request is predicated on the events’ need to deal with issues affecting sentencing, together with the necessity to determine victims, marshal belongings topic to forfeiture and restitution, and different gadgets that may influence the events’ sentencing suggestions.
Arcaro (proper) being concerned with figuring out BitConnect victims is an fascinating twist. It wasn’t current on the first request for a sentencing continuance.
Unsure if that’s data he has or how else he’s cooperating.
In any occasion, whereas that’s taking part in out the courtroom granted the continuance on December eighth.
It’s a protracted delay so we’re assuming Arcaro’s cooperation is substantial.
Replace thirtieth April 2022 – As per an April nineteenth order, Glenn Arcaro’s Might sixth sentencing has been continued to July 1st.
Replace thirteenth July 2022 – Glenn Arcaro’s sentencing has been continued until September sixteenth.
Pursuant to a written request from the US Probation Workplace, the sentencing date presently set for July 1, 2022, is vacated and reset to September 16, 2022.
The cited letter from the Probation Workplace isn’t on the case docket. As such the rationale for the request is unknown.
Replace seventeenth September 2022 – Glenn Arcaro has been sentenced to 38 months in jail.