Former Delphi Digital finance VP Dylan Meissner has been sentenced to 48 months in prison after admitting to embezzling around $4.5m from the crypto research company. The Connecticut District Court judge also ordered Meissner to pay back the funds he stole, and an unpaid loan of over $4.6m. Meissner’s lawyer repeatedly named “Delphi” in sentencing documents, with court documents also revealing “Delphi” as the harmed company.

At the time of the theft, Meissner acted as Delphi’s vice president of finance (October 2021 to November 2022). Delphi gave him an Ethereum loan ($170k USD value at the time); Meissner failed to repay the loan. During this time, Meissner stole around $4.46 million and falsified financial statements.

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