XRP Lawyer Hints Of Caroline Testifying Against SBF

13 December 2022

in XRP

Reading Time: 3 mins read

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SBF Arrest News: Much anticipated arrest of collapsed FTX’s former CEO Sam Bankman-Fried has aired many speculations in the crypto market. However, Once hailed as the savior of the digital asset industry, SBF now facing multiple charges of fraud and money laundering. Meanwhile, it is expected that Caroline Ellison might be helping authorities to prove some charges on FTX ex-CEO.

SBF nabbed due to Caroline?

Charles Gasparino, a FOX Business journalist stated that there are speculations in legal circles that Caroline Ellison, former CEO of Alameda Research is looking for a specialized lawyer. He suggested that Caroline is hiring politically connected WilmerHale.

He added that WilmerHale holds deep ties to the Manhattan US Attorney’s office. While it is knowns for plea deals. Caroline’s this move suggests that she is likely to cooperate with the prosecutors to turn against SBF.

John Deaton, XRP holders’ lawyer has dropped his claims over SBF arrest and charges pressed against him. He suggested that money laundering charges are 100% pressed on SBF due to Caroline’s cooperation.

XRP lawyer mentioned that for convicting the former CEO of wire fraud and other charges authorities didn’t need much help. However, for the proving money laundering charges, they’ll need Caroline’s cooperation and testimony.

Ashish believes in Decentralisation and has a keen interest in evolving Blockchain technology, Cryptocurrency ecosystem, and NFTs. He aims to create awareness around the growing Crypto industry through his writings and analysis. When he is not writing, he is playing video games, watching some thriller movie, or is out for some outdoor sports. Reach me at [email protected]

The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.

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