Generative Data Intelligence

SBF “Likely” Going To Be Convicted, Friend Journalist Says

Date:

  1. Hotshot journalist Tiffany Fong believes that Sam Bankman-Fried is “likely” to be convicted.
  2. Fong is well known for being the first journalist to interview SBF during the FTX collapse.
  3. SBF has been relatively quiet recently, and it may be for the good of his case.

Tiffany Fong, the journalist known for bagging interviews with Sam Bankman-Fried (SBF) during the FTX collapse, recently held an Ask-Me-Anything (AMA) session on Twitter. When asked whether Bankman-Fried would be convicted, her answer was “likely.”

Currently, Bankman-Fried is on $250 million bail and is expected to be residing at his parents’ house in San Francisco. He is facing up to 8 criminal charges on top of civil cases.

Notably, SBF is quiet at the moment, and it may be for his good. As many have pointed out, his actively speaking on various platforms is hurting his case more.

As to FTX, the exchange has filed its Chapter 11 bankruptcy and is planning to relaunch its services sooner or later. SBF is not on good terms with the current management of FTX, according to his transcripts and tweets back in late January.

In addition, SBF claims that partner legal firm Sullivan & Cromwell (S&C) did not provide its services in the best interests of FTX and its customers. Specifically, a document surfaced on January 20 where former FTX legal chief Daniel Friedberg opposed employing S&C further for the Chapter 11 filing.

Meanwhile, SBF’s former associates Caroline Ellison, who was CEO of Alameda Research, and Gary Wang, previously FTX CTO, have pleaded guilty to federal charges.

Read Also :

disclaimer read more

Crypto News Land (cryptonewsland.com) , also abbreviated as “CNL”, is an independent media entity — we are not affiliated with any company in the blockchain and cryptocurrency industry. We aim to provide fresh and relevant content that will help build up the crypto space since we believe in its potential to impact the world for the better. All of our news sources are credible and accurate as we know it, although we do not make any warranty as to the validity of their statements as well as their motive behind it. While we make sure to double-check the veracity of information from our sources, we do not make any assurances as to the timeliness and completeness of any information in our website as provided by our sources. Moreover, we disclaim any information on our website as investment or financial advice. We encourage all visitors to do your own research and consult with an expert in the relevant subject before making any investment or trading decision.

Jesus covers news related to the crypto space in Asia and in Australia, although he follows the latest events in the US and Europe as well. He is most interested in the blockchain gaming and regulation aspects of the industry.

spot_img

Latest Intelligence

spot_img

Chat with us

Hi there! How can I help you?