🚨 SBF PETITIONS SUPREME COURT TO OVERTURN 25-YEAR SENTENCE AND $11B FORFEITURE IMPACTING $ETH 🦈
Entry: 2,438 ⚡
Former FTX CEO Sam Bankman-Fried has officially petitioned the U.S. Supreme Court to review his 2023 fraud conviction, 25-year prison sentence, and $11B forfeiture order. His defense argues the trial court unfairly blocked evidence showing Alameda Research held sufficient assets to cover customer liabilities long-term. 🔍
Federal prosecutors maintain that post-hoc asset recovery cannot negate intentional customer fund diversion during the exchange collapse. 🌊 With the High Court accepting under one percent of petitions, institutional smart money is monitoring how this final legal hurdle impacts broader market trust. 💬 Do you expect the Supreme Court to take the case, or is the door officially closed? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #ETH #FTX #CryptoNews #MarketStructure #Crypto
🔥 💎
Entry: 2,438 ⚡
Former FTX CEO Sam Bankman-Fried has officially petitioned the U.S. Supreme Court to review his 2023 fraud conviction, 25-year prison sentence, and $11B forfeiture order. His defense argues the trial court unfairly blocked evidence showing Alameda Research held sufficient assets to cover customer liabilities long-term. 🔍
Federal prosecutors maintain that post-hoc asset recovery cannot negate intentional customer fund diversion during the exchange collapse. 🌊 With the High Court accepting under one percent of petitions, institutional smart money is monitoring how this final legal hurdle impacts broader market trust. 💬 Do you expect the Supreme Court to take the case, or is the door officially closed? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #ETH #FTX #CryptoNews #MarketStructure #Crypto
🔥 💎