The sentencing hearing date will be March 28, 2024. He faces up to 110 years in prison.
Bankman-Fried was found guilty of stealing billions of dollars from accounts belonging to customers of his once-high-flying crypto exchange FTX. He was also found guilty of defrauding lenders to FTX’s sister company, the hedge fund Alameda Research, which held FTX customer funds in a bank account.
So ... It seems .... the scheme may have been bigger than that .... Anyways ... if the 5 billion is solid, and nothing is done with it ... what to do with it? The seduction is a biggie ...
During his trial, Bankman-Fried said he learned in 2020 that FTX customer funds were held by Alameda but he did not take action to safeguard them.
When he later discovered in the fall of 2022 that Alameda owed $8 billion to FTX, no one was fired.
Other charges Bankman-Fried was found guilty of include defrauding investors in FTX and a money-laundering charge.
On the other hand ..... his business was ready to play an integral role to accumulate and dole out the money. ... I wonder what would happen if all ins and outs are set against each other ...
Who are the players appearing? Among others: Sequia Capital [dominion software]? Would that not be something ......
5 Billion to let them destroy the world? Chump change.
Destroy the world to benefit them.
Do you think a man who has taken a bullet from his enemies is going to take the money - to not run for president?
NO
They offered him a carrot before the baseball bat.
zigackly, fren.
However, I believe the Fight, fight, fight moment was testimony to Trump's character. He would never take such a carrot.
Who is "they" in this instance, with their $5 billion?
You cannot named names without being Arkancide.
No all caps titles please.
Got it.
https://www.cnn.com/2023/11/02/business/ftx-sbf-fraud-trial-verdict/index.html
So ... It seems .... the scheme may have been bigger than that .... Anyways ... if the 5 billion is solid, and nothing is done with it ... what to do with it? The seduction is a biggie ...
On the other hand ..... his business was ready to play an integral role to accumulate and dole out the money. ... I wonder what would happen if all ins and outs are set against each other ...
Who are the players appearing? Among others: Sequia Capital [dominion software]? Would that not be something ......
https://www.coindesk.com/policy/2024/05/08/nearly-all-ftx-creditors-will-get-118-of-their-funds-back-in-cash-estate-says-in-new-plan/
Sweet deal.......
Thank you. That sounds about right. Bankers tried to pay him off.