Ex-Holograph employee gets 5 years for $14M HLG token theft, no price-loss payout
AI summary
A Paris court sentenced a former Holograph employee to five years in prison over the theft of $14 million in HLG tokens. The court rejected compensation for the token's price decline, limiting the financial remedy for the project. The case highlights insider and custody risk for small-cap token projects, which can weigh on confidence in HLG and similar tokens.
