FBI arrests Bankman-Fried in massive Crypto FTX fraud

Trial or Plea. Feds have a 98+% Conviction Rate
Trial: AUSA Gets the publicity of a win
Plea: Still a long sentence, but less.

How he can help himself – if he can;

• Self-reflection
• Take responsibility
• Remorse for the Victims – Heartfelt
• Take the time to think, about his childhood, what brought him to this point
• This could take months
• Then put this in writing, as a letter, a story, from the heart and honestly
• This over time could become his: Personal Narrative
• And when in conversation with the Judge, His Allocution

8 COUNTS
COUNT I: Conspiracy To Commit Wire Fraud on Customers
18 U.S. Code § 1343 – Fraud by wire, radio, or television: shall be fined under this title or imprisoned not more than 20 years, or both. (Title 18, United States Code, Section 1349.)

COUNT II:  Wire Fraud on Customers
(Title 18, United States Code, Sections 1343 and 2.)

COUNT III: Conspiracy To Commit Wire Fraud on Lenders 
18 U.S. Code § 1343, (title 18, United States Code, Section 1349.)

COUNT IV: Wire Fraud on Lenders  – 20 YEARS
18 U.S. Code § 1343,

COUNT V: Conspiracy To Commit Commodities Fraud
Title 17, Code of Federal Regulations, Section 180.1,
Title 7, United States Code, Sections 9(1) and 13(a) (5),
(Title 18, United States Code, Section 371.)

COUNT VI: Conspiracy To  Securities Fraud
Title 17, Code of Federal Regulations, Section 240.10b-5,
(Title 18, United States Code, Section 371.)
Individuals face up to a 25-year sentence and business entities face fines of up to $25 million.

COUNT VII: Conspiracy To Commit Money Laundering
Title 18, United States Code, Sections 1956 (a) (1) (B) (i) and 1957(a)
(Title 18, United States Code, Section 1956 (h).)

COUNT VIII: Conspiracy to Defraud the United States and Violate the Campaign Finance Laws
Title 52, United States Code, Sections 30109(d) (1) (A) & (0).