The cryptocurrency community awaits the outcome of Sam Bankman-Fried’s sentencing, the founder of FTX Exchange, in the wake of his conviction for fraud and money laundering. As the sentencing day arrives on March 28, the Department of Justice (DOJ) appears to be bolstering its argument against Bankman-Fried, presenting impact statements and legal precedents to the court.
So, here we take a look at the latest developments surrounding this high-profile case and the implications for Sam Bankman-Fried, also known as SBF.
DOJ Strengthens Case Against Sam Bankman-Fried
In anticipation of Sam Bankman-Fried’s sentencing, the DOJ has intensified its efforts to underscore the severity of his crimes. U.S. Attorney Damian Williams submitted a letter to Judge Lewis A. Kaplan, citing Second Circuit authority to support the government’s stance on calculating the loss incurred by FTX investors due to Bankman-Fried’s securities fraud.
In addition, the letter emphasizes the principle of the FTX
We współpracy z: https://coingape.com/sam-bankman-fried-sentencing-doj-strengthens-argument-ahead-court-ruling/
