U.S. Attorney's spokesman: SBF faces up to 115 years in prison

BlockBeats news, December 14, according to News3, the US SEC and CFTC have charged SBF, the founder and former CEO of FTX, with a series of financial crimes, alleging that he knowingly defrauded customers and investors and made huge profits for himself and others. It was also responsible for the collapse of FTX. The charges laid out in the 13-page indictment could send SBF to prison for decades, and he faces up to 115 years in prison, U.S. Attorney spokesman Nicholas Biase said.