How Much Prison Time Is FTX’s Sam Bankman-Fried Facing?

Ari Redbord, head of legal and government affairs at TRM Labs, discusses all the charges that Sam Bankman-Fried is facing and their potential outcomes. 

Show highlights:

• the charges against SBF and why the criminal indictment is the most important
• whether SBF testifying in Congress would have complicated the DOJ’s criminal case against him
• why it is complicated to state how much prison time Sam is facing
• the ways in which Bankman-Fried can reduce his sentence by cooperating with authorities
• why it’s so unprecedented that the indictment came only one month after the collapse of FTX
• whether other senior FTX executives are providing prosecutors with information to reduce their charges
• the reasons why SBF is being held in The Bahamas and the likelihood of him being extradited
• how much the case will be delayed if SBF’s lawyers fight the extradition
• Ari’s thoughts on whether this case will go to trial

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Guest

Ari:

• Twitter
• Previous appearances on Unchained:
  • Is TRM Labs Blocking Addresses From DeFi Protocols? Ari Redbord Says No 

Episode Links

• Unchained:
  • CFTC and SEC File Damning Complaints Against Sam Bankman-Fried and FTX
  • SBF Denied Bail in The Bahamas, Will Remain in Fox Hill Prison
  • Former FTX CEO Sam Bankman-Fried Arrested Amid US Indictment
  • Bahamas Asked SBF to Mint Hundreds of Millions of Dollars’ Worth of New Tokens After Collapse, Say FTX Liquidators
  • SBF Directed $8B Alameda Liabilities to an FTX Account He Called ‘Weird Korean,’ Says CFTC

• Bloomberg:
  • FTX Bankruptcy Standoff Heats Up as Bahamas Challenges US Case
  • Sam Bankman-Fried’s Harsh Bahamas Jail Could Shift His Stance on Extradition
• Fortune: Sam Bankman-Fried indicted on multiple conspiracy and fraud charges by U.S. officials
• The Enron Trial: A Chronology

• Previous coverage of Unchained on Sam Bankman-Fried and FTX:
  • Why the Legal Process for FTX and Sam Bankman-Fried Could Take Years
  • The Chopping Block: SBF Wants to Win in the Court of Public Opinion. Will He?
  • Jesse Powell and Kevin Zhou on How FTX and Alameda Lost $10 Billion
  • Is the Collapse of Crypto Lending Over, or Is It Just Starting?
  • Did the Bahamian Government Direct SBF and Gary Wang to Hack FTX?
  • The Chopping Block: Why Lenders Didn’t Liquidate Alameda When It Was Underwater 
  • Erik Voorhees and Cobie on Why FTX Loaned Out Customers’ Assets
  • The Chopping Block: FTX: The Biggest Collapse in the History of Crypto?
  • Sam Bankman-Fried on How to Prevent the Next Terra and 3AC