Nikola founder Trevor Milton sentenced to 4 years for securities fraud

TechCrunch
By Rebecca BellanDec 18, 2023, 1:41 pm144 pts
Trevor Milton, the disgraced founder and former CEO of electric truck startup Nikola, was sentenced Monday to four years in prison for securities fraud. The sentence, by Judge Edgardo Ramo in the U.S. District Court in Manhattan, caps a multi-year saga that at one point sent Nikola stock soaring 83% only to…

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