SBF Aaga Has Concluded About Major Crypto Cases

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Now that the SBF saga has concluded, here are the next significant crypto court cases:

Former Binance CEO Changpeng “CZ” Zhao is awaiting sentencing in April for money laundering charges. He faces up to 18 months in prison and may appeal his sentence.

Binance and its co-founder, Changpeng Zhao, face ongoing charges from the Securities and Exchange Commission (SEC) for selling unregistered securities and mishandling customer assets.

FTX executives Zixiao “Gary” Wang, Nishad Singh, and Caroline Ellison are also awaiting sentencing in New York for their roles in a large-scale fraud at the exchange. They face potential prison sentences ranging from 50 to 110 years.

Ryan Salame, former co-CEO of FTX Digital Markets, will be sentenced in May after admitting to unlawful political contributions and operating an unlicensed money-transmitting business.

The SEC and Commodity Futures Trading Commission (CFTC) have lawsuits against FTX co-founder Sam Bankman-Fried, which are expected to resume following the conclusion of his criminal trial.

Do Kwon, co-founder of Terraform Labs, faces charges of fraud and market manipulation in the U.S. His extradition case from Montenegro is ongoing, and the SEC has filed a lawsuit against him for selling unregistered securities.

Avraham “Avi” Eisenberg, accused of exploiting DeFi protocol Mango Markets, will face trial for commodities fraud, manipulation, and wire fraud charges in April.

Roman Storm, developer of crypto mixer Tornado Cash, is scheduled for trial in September on charges of conspiracy to commit money laundering and operating an unlicensed money transmitting business.

Alex Mashinsky, founder of bankrupt crypto lender Celsius, is set to stand trial in September on charges of fraud and market manipulation.

These cases reflect ongoing legal scrutiny and regulatory challenges within the crypto industry.

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