Scam Bankman-Fraud is just one of the few highly publicised cases they will use to pretend they are actually serious about tackling these issues. Wake me when someone gets prosecuted for front-running Axios' "Iran deal is imminent" articles in the oil market.
>In appealing against the conviction, Bankman-Fried’s defense lawyers argued that US district judge Lewis Kaplan, who oversaw the trial, improperly prevented Bankman-Fried from introducing evidence to back up his belief that FTX had enough funds to cover customer withdrawals.
So it's been a few years now. Did people get their money in the end? That would presumably answer the question of whether they were stolen from. It wouldn't affect any decisions on crimes related to flouting regulations.
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[ 4.6 ms ] story [ 27.2 ms ] thread[1]: https://www.newyorker.com/magazine/2026/05/04/donald-trumps-...
[2]: https://www.newyorker.com/magazine/2026/05/04/donald-trumps-...
[3]: https://apnews.com/article/nikola-trevor-milton-fraud-trump-...
[4]: https://www.bbc.com/news/articles/cz7e0jve875o
[5]: https://www.cnbc.com/2025/03/28/trump-pardon-bitmex-crypto-e...
So it's been a few years now. Did people get their money in the end? That would presumably answer the question of whether they were stolen from. It wouldn't affect any decisions on crimes related to flouting regulations.