The post FTX Task Force Launched, Will FTX Customers Get Their Lost Funds? appeared first on Coinpedia Fintech News
While the entire crypto space is awaiting justice in the FTX case, the company’s founder and former CEO Sam Bankman-Fried have pleaded not guilty to the charges of deceiving his investors. This statement was given before Manhattan federal court on January 3, 2023.
Banman-Fried has denied all the charges which accuse him of defrauding his FTX customers and using it for his real estate purchases, political donation, and much more. Following this, Judge Lewis A. Kaplan has now set a tentative trial date of October 2 which might be preponed or postponed a day or two. It’s also reported that due to the accusation of fraud and multiple financial offenses, SBF might face 115 yrs of imprisonment.
FTX Task Force To Recover FTX Customer Funds
Meanwhile, on the same day, January 3 the Manhattan US Attorney’s Office revealed a plan to form FTX Task Force. This Task Force will m
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