Ripple lawsuit lawyer: SBF may receive a lighter sentence if arrested

ChainCatcher news, Ripple lawsuit attorney John Deaton stated that SBF held funds on FTX, and he borrowed those funds to his other companies without permission, which directly constitutes theft. Additionally, John Deaton claimed that the transactions between FTX and BlockFi were also fraudulent, and the BlockFi transaction itself provided U.S. jurisdiction, but BlockFi is likely to file for bankruptcy.

However, John Deaton hinted that SBF would reach a deal with U.S. criminal authorities, which means that if SBF were to face prosecution, people should not be surprised by the final judgment result, as the former FTX CEO's sentence may be lighter than others. (coingape)