Sam Bankman-Fried has months until his sentencing for the seven fraud and money laundering crimes he’s guilty of, but his lawyers hint the FTX founder isn’t conceding his legal fight.
After Ripple’s partial victory over the US SEC in a two-and-a-half-year-long legal battle, the regulator might file an appeal, which was a surprise for the ex-federal prosecutor.
The SEC may be holding back from an immediate appeal in order to benefit from uncertainty and “confusion” in the industry, according to a former federal prosecutor turned crypto venture capital founder.