It is unclear what will happen to the co-defendants of Sam Bankman-Fried, the founder and CEO of the cryptocurrency exchange FTX. Bankman-Fried recently pleaded guilty to charges of violating U.S. anti-money laundering regulations. The other defendants remain uncharged but could face various penalties, including prison sentences, fines, and probation. The severity of the punishments would likely depend on the degree of involvement of each individual with Bankman-Fried’s violations.
Fate of Sam Bankman-Fried’s Co-Defendants Uncertain: Prison Sentences Loom?
