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Search resuls for: "Fried perjured"


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Related storiesEven so, he said he did not think the story of why customers suffered "has been told or told correctly." Customers "could have been paid back" at 2022 prices or current prices, including inflation, Bankman-Fried claimed. Kaplan didn't buy the argument, calling it "speculative" and "misleading." Before handing down Bankman-Fried sentence, Kaplan said he wanted to prevent him from committing more harm, noting that he has previously marketed himself to the media to rebrand his image and version of events at FTX. Bankman-Fried faced a maximum of 110 years in prison following the collapse of FTX.
Persons: , Sam Bankman, Fried, Lewis Kaplan, It's, Sunil Kavuri, Adam M, Moskowitz, Kavuri, FTX, Kaplan, that's, Kaplan didn't, Fried perjured, didn't, it's, Prosecutors, Bernie Madoff, Damian Williams, " Williams, Williams Organizations: Service, Business, Southern, of Locations: Manhattan, FTX, of New York
Sam Bankman-Fried's lawyers claimed that FTX customers had "zero" losses when the exchange collapsed. Had Bankman-Fried held onto the company — and if Ray had listened to his advice rather than spurn him — FTX customers could have gotten their money back quickly, he claimed. In a recent proposal to be approved by the bankruptcy judge, credit would be determined by the value of each customer's assets at the time that FTX filed for bankruptcy. US District Judge Lewis Kaplan and Sam Bankman-Fried. AdvertisementKaplan said that, in any case, Bankman-Fried couldn't be credited for the bankruptcy debtors' work to get FTX customers their money back.
Persons: Sam Bankman, , Lewis Kaplan, Bankman, Fried, Kaplan, John J, Ray III, Ray, FTX, Ray —, bitcoin, Jane Rosenberg Prosecutors, Nicolas Roos, Fried perjured Organizations: Service, Alameda Research, Alameda, , Enron, Residential Capital, REUTERS, FTX Locations: Manhattan, FTX, Las Vegas, Delaware
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