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Sam Bankman-Fried released on $250 million bail while the FTX fraud case continues

Investor-hub by Investor-hub
December 28, 2022
in Fintech
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Sam Bankman-Fried released on $250 million bail while the FTX fraud case continues
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CAROLINE ELLISON, 28, is charged with and has pled responsible to 2 counts of conspiracy to commit wire fraud, every of which carry a most sentence of 20 years in jail; two counts of wire fraud, every of which carry a most sentence of 20 years in jail; one depend of conspiracy to commit commodities fraud, which carries a most sentence of 5 years in jail; one depend of conspiracy to commit securities fraud, which carries a most sentence of 5 years in jail; and one depend of conspiracy to commit cash laundering, which carries a most sentence of 20 years in jail.

GARY WANG, 29, is charged with and has pled responsible to 1 depend of conspiracy to commit wire fraud, which carries a most sentence of 20 years in jail; one depend of wire fraud, which carries a most sentence of 20 years in jail; one depend of conspiracy to commit commodities fraud, which carries a most sentence of 5 years in jail; and one depend of conspiracy to commit securities fraud, which carries a most sentence of 5 years in jail.



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Tags: bailBankmanFriedcasecontinuesfraudFTXmillionreleasedSam
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