U.S. attorney: Two arrested in ‘old-fashioned shakedown’ of cryptocurrency
Two people were arrested this week and will be tried in Brooklyn Federal Court for threatening to destroy a startup cryptocurrency company if they were not paid millions of dollars, the U.S. Attorney for the Eastern District announced on Wednesday.
Steven Nerayoff, a 48-year-old from Great Neck, New York, and Michael Hlady, a 47-year-old from Greenwich, Rhode Island, were charged with extortion in federal court on Wednesday.
Their initial appearance took place in Rhode Island before U.S. Magistrate Judge Steven Tiscione and they are expected to make their first appearance in Brooklyn Federal Court sometime next week.