TechFlow reported, according to Coindesk, Estes, co-head of the General Crimes Unit at the U.S. Attorney’s Office for the Southern District of New York, said that due to the rise in crypto assets, the loss amount in the FTX case is expected to spark intense debate during sentencing. If all customers and creditors are fully compensated, the defense may argue for a significant reduction in the loss amount—or even set it to zero. Under U.S. sentencing guidelines, fraud cases involving lower losses carry a recommended range of 24 to 30 months in prison. As such, SBF could receive a lenient sentence in next month's ruling.
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