US prosecutors are urging a judge to impose a 10-year prison sentence on the co-founders of HashFlare, Sergei Potapenko and Ivan Turogin, who pleaded guilty to conspiracy to commit wire fraud. The sentencing is set for Thursday, following their guilty plea in February. Prosecutors argue that the emotional and financial harm caused to victims of HashFlare, which they described as operating like a Ponzi scheme, was significant despite claims from the defendants that no substantial losses were incurred, as they returned $400 million in crypto to users. The government also mentioned a letter instructing the co-founders to 'self-deport' from the United States, highlighting their immigration status as a potential factor in the sentencing process. The situation continues to develop as the judge considers all aspects before making a decision.

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