Two of SBF's closest associates just took pleas, will cooperate in case against him

Dec 22 2022 by Mashable

 

FTX co-founder and CEO Sam Bankman-Fried's prosecutors just scored a major victory by turning two of his alleged accomplices against him.

It's amazing how much can change in just a matter of weeks. In early November, Bankman-Fried (SBF) was a cryptocurrency billionaire, and the face of one of the world's largest crypto exchanges. About seven weeks later, the three letters "SBF" are practically synonymous with malfeasance in the crypto world, and Bankman-Fried's prospects for a light sentence...

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