Moylan given 20 month suspended sentence for Whitehaven coal hoax

Supreme court sentences 26-year-old over bogus ANZ press release that temporarily wiped $300m off mining company’s share price

An environmental activist who temporarily wiped hundreds of millions of dollars off a mining company’s value by issuing a fake press release has been handed a suspended sentence.

Jonathan Moylan was sentenced to one year and eight months in jail before immediately being released on the condition he be of good behaviour for two years.

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