Benefiting from the rise of crypto assets, SBF may receive a lenient sentence
ChainCatcher news, according to CoinDesk, the co-head of the general crimes division of the Southern District Court of New York, Estes, stated that due to the rise in crypto assets, the amount of losses in the FTX case is expected to provoke intense debate during sentencing. If all customers and creditors are compensated, the defense may argue for a significant reduction in the loss amount, potentially even to zero.
According to relevant U.S. laws, for cases with lower losses in fraud cases, the recommended sentencing range is 24-30 months. Therefore, SBF may receive a lenient sentence in next month's ruling.
ChainCatcher reminds readers to view blockchain rationally, enhance risk awareness, and be cautious of various virtual token issuances and speculations. All content on this site is solely market information or related party opinions, and does not constitute any form of investment advice. If you find sensitive information in the content, please click "Report", and we will handle it promptly.
