Dive Brief:

• Ex-Fabric CFO Nevin Shetty was sentenced Thursday to two years in prison after being convicted in November on four counts of fraud for “taking and misusing” $35 million from his former employer related to a failed cryptocurrency investment scheme, according to a press release from the U.S. Attorney’s Office for the Western District of Washington. 
• Although the prison sentence is shorter than the nine years requested by prosecutors, Shetty was also ordered to repay the $35 million and Judge Tana Lin imposed a special condition that prevents Shetty, 42, from serving as an officer or director of a company without the probation office’s permission. 
• “The loss…