- 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.
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.”
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