Charlie Javice, founder of the financial aid platform Frank, has been sentenced to seven years in prison for defrauding JPMorgan Chase by falsely inflating the number of customers her company had. The case highlights the serious legal repercussions of fraudulent practices in the financial industry.

Alex Mashinsky, the founder of Celsius Network, has been sentenced to 12 years in prison for orchestrating a $7 billion fraud scheme that misled investors about the company's financial stability. Mashinsky's actions contributed significantly to the collapse of the crypto lending platform, which left many customers with substantial losses.