“[Bankman-Fried’s] personal assets are gone,” the memo said. “Insufficient funds remain even for payment of a fine … Legal proceedings will follow him for the rest of his life. The ability to obtain employment, bank, borrow, travel, and adopt, among other things, may be implicated. More painful for Sam is that the companies he built and loved – and which had so much lawful success and even more potential – are gone. And Sam is utterly heartbroken that he may have caused collateral damage to the philanthropic community that he so loved.”
ABOUT AUTHOR
CATEGORIES
- Massive XRP Reversal: Breakout Next? Toncoin (TON) to Face Biggest Resistance Since August, Ethereum (ETH) in Poor State
- LUNC News: Terra Luna Classic Core Dev Reveals Major Update on Tax2Gas
- EFCC Opposes Bail as Detained Binance Exec Seeks Medical Care in Nigerian Money Laundering Trial
- XRP Unexpected Price Drop Wipes Millions in Volume
- Top Altcoins To Buy For 100% Upside In Short-term!
- TON Down 14% as Telegram CEO Pavel Durov Arrested in France
- Cardano (ADA) Price Reaches Crucial Bull Point: Details