Court documents reveal that 32-year-old Nick Reiner is now in custody without bail eligibility—a significant shift from his previous bail arrangement set at $4 million. The change in detention status marks an escalation in his legal situation, indicating that prosecutors successfully argued for more restrictive conditions. This development reflects intensifying scrutiny on figures within the crypto space as regulatory enforcement continues to tighten.
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MoonWaterDroplets
· 20h ago
Another big player in the crypto world has fallen, and this time there's no hope for bail...
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ProxyCollector
· 12-17 18:49
There's really no room for negotiation now, directly detained without bail from a 4 million bail... The crypto circle is about to clean out some people again.
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SignatureAnxiety
· 12-16 22:30
Another big shot can't run anymore, this time with no bail... Four million bail can't stop 🤷
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0xLuckbox
· 12-16 22:30
Alright, this guy was released on bail of $4 million and then held without bail. The crypto cleanup is ongoing... Regulatory pressure is getting faster and faster.
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MEVEye
· 12-16 22:24
Held in custody without bail directly from $4 million bail? This guy is really done for.
Court documents reveal that 32-year-old Nick Reiner is now in custody without bail eligibility—a significant shift from his previous bail arrangement set at $4 million. The change in detention status marks an escalation in his legal situation, indicating that prosecutors successfully argued for more restrictive conditions. This development reflects intensifying scrutiny on figures within the crypto space as regulatory enforcement continues to tighten.