Guy who was obviously part of the fraud and one of the most inner circle guys.
7.5 years doesn't seem bad compared to what SBF got(25 years).
Close to a quarter of the sentence for helping the prosecution and signed a plea deal rather than go to court.
There are a few other former FTX employees who are a probably not very happy today. That's more than what the prosecution asked for in terms of length.
> . As part of his plea deal, he agreed to forfeit over $1.5 billion, which included fines, restitution to FTX debtors, and the surrender of several properties and assets (CoinDesk) (Cointelegraph) .
SO he had to give back almost all his assets as well.
7.5 years doesn't seem bad compared to what SBF got(25 years).
Close to a quarter of the sentence for helping the prosecution and signed a plea deal rather than go to court.
There are a few other former FTX employees who are a probably not very happy today. That's more than what the prosecution asked for in terms of length.
> . As part of his plea deal, he agreed to forfeit over $1.5 billion, which included fines, restitution to FTX debtors, and the surrender of several properties and assets (CoinDesk) (Cointelegraph) .
SO he had to give back almost all his assets as well.