FTX Files For Bankruptcy. What will be the effect of this?

This song will haunt SBF forever.


2 years for her. 25 for him.

https://www.cnbc.com/2024/09/24/sam-bankman-fried-caroline-ellison-sentenced-ftx-.html

“It didn’t work out so well” for Bankman-Fried, in part because of Ellison’s cooperation, the judge said.

Kaplan credited Ellison for providing prosecutors with seven fake spreadsheets, which he called “one of the huge pieces of evidence in the case” against Bankman-Fried.

As FTX goes down in history it's important to remember, as documented in this thread, that one single law firm was the actual builder and, later, deconstructor, of the largest crypto fraud, and perhaps largest fraud ever, with a hefty side of money laundering to politicians, mainly Democrats via Ukraine crypto pipelines, but politicians overall. Sullivan and Cromwell. The painting of linked name closely resembles an avatar posting in this thread and many other threads, no?

maxine-sbf.jpg


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What are the chances Biden ends up pardoning him?

A fine question and one to watch as the administration winds down. Similar to how Donald pardoned rappers in his first go-round but left "supporters" to rot in prison.
 
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