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    Ex-Crypto CEO SBF Dangers 150 Years Jail Time period as Fraud Trial Begins

    Latest News

    • SBF’s trial raises hypothesis of a 150-year jail time period like Bernie Madoff.
    • Particulars of Kevin O’Leary’s $15.7 million FTX promotion deal emerged.
    • O’Leary commits to supporting Sam Bankman-Fried in future ventures.

    Amid the graduation of the trial of Sam Bankman-Fried (SBF), the disgraced founding father of the bankrupt FTX trade, the crypto neighborhood speculates about the potential for the previous crypto CEO bagging a 150-year jail time period.

    In a current tweet, a crypto influencer named Andrew claimed to have acquired new info in regards to the courtroom proceedings of SBF. Andrew reported that the prosecution has revealed Bankman-Fried was by no means provided a plea deal.

    Moreover, Andrew claimed {that a} Division of Justice (DOJ) supply shared a big assertion about SBF’s destiny. In response to the reported DOJ supply, even a comparatively lenient sentence for Sam Bankman-Fried could be 30 years behind bars.

    Furthermore, the assertion drew parallels to some of the notorious monetary fraud circumstances in historical past, Bernie Madoff, who acquired a staggering 150-year sentence.

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    Coffeezilla, a widely known determine within the crypto neighborhood famend for exposing scams, weighed in on the SBF matter. He reiterated the dearth of a plea deal for Sam Bankman-Fried and underscored the potential gravity of the state of affairs.

    In the meantime, in a separate dialog thread, Coffeezilla unearthed the staggering sum of money a distinguished promoter of FTX acquired from the disgraced CEO. Coffeezilla disclosed that the millionaire “Shark Tank” tv character, Kevin O’Leary, was paid almost $1 million per hour to advertise and defend SBF.

    In response to the screenshot accompanying the tweet, O’Leary allegedly acquired a paycheck for $15.7 million for offering “twenty service hours, 20 social media posts, one digital lunch, and 5 autographs” to advertise the bankrupt FTX trade.

    Curiously, O’Leary was requested throughout an interview if he would again Bankman-Fried as soon as once more in one other crypto-based enterprise. He acknowledged, “Sure.”

    Normal Disclaimer: The data introduced on this article is for informational and academic functions solely. The article doesn’t represent monetary recommendation or recommendation of any form. Coin Version isn’t answerable for any losses incurred on account of the utilization of content material, merchandise, or companies talked about. Readers are suggested to train warning earlier than taking any motion associated to the corporate.

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