Sam Bankman-Fried Pledges Support in Pursuit of FTX Celeb Promoters, Co-Defendants Settle

Sam Bankman-Fried Pledges Support in Pursuit of FTX Celeb Promoters, Co-Defendants Settle

Sam Bankman-Fried is reported to have filed a settlement agreement to assist FTX customers go after celebrity promoters. 
Some of these promoters have already contributed to a common fund of $1.4 million as required in their settlement agreement. 
Crypto News Flash recently reported that the founder of the collapsed FTX exchange and Alameda Research, Samuel Bankman-Fried (SBF), was sentenced to 25 years in prison, three years of supervised release clause, and ordered to pay $11 billion in forfeiture for his orchestration of multiple fraud schemes.
This was after the court had found him guilty of misappropriating billions of dollars of customers’ funds, defrauding investors in FTX of over $1.7 billion, and defrauding lenders to Alameda of over $1.3 billion. In all, SBF was found guilty of two counts of wire fraud, two counts of conspiracy to commit wire fraud, one count of conspiracy to commit commodities fraud, one count of conspiracy to commit securities fraud, and one count of c

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