Sabre pleads guilty .. but what about Crypto Capital?

[plast555]

In case you guys didnt hear.
Ex-Sabre Exec Pleads Guilty In Invoice Fraud Case : https://www.pymnts.com/news/b2b-payments/2019/ex-sabre-exec-pleads-guilty-in-invoice-fraud-case/?utm_source=Push+Notifications&utm_medium=Push+Notifications&utm_campaign=Push+Notifications

But if they can plead guilty for about 6 million dollars.. what about crypto capital from that Bitfinex case? They have embezzled nearly 900 million.. how will the prosecutors handle that company? or will they just settle out of court?

[1715518549]

1715518549

[1715518549]

1715518549

[squatter]

In case you guys didnt hear.
Ex-Sabre Exec Pleads Guilty In Invoice Fraud Case : https://www.pymnts.com/news/b2b-payments/2019/ex-sabre-exec-pleads-guilty-in-invoice-fraud-case/?utm_source=Push+Notifications&utm_medium=Push+Notifications&utm_campaign=Push+Notifications

But if they can plead guilty for about 6 million dollars.. what about crypto capital from that Bitfinex case? They have embezzled nearly 900 million.. how will the prosecutors handle that company? or will they just settle out of court?

The Sabre case is just a regular embezzlement case. With Crypto Capital, the operators have been charged with bank fraud and unlicensed money transmission because they were fraudulently moving billions of dollars for different exchanges. The $850 million wasn't embezzled. It was frozen by multiple government authorities. This is comparing apples and oranges.

[figmentofmyass]

But if they can plead guilty for about 6 million dollars.. what about crypto capital from that Bitfinex case? They have embezzled nearly 900 million.. how will the prosecutors handle that company? or will they just settle out of court?

crypto capital is totally screwed. it doesn't matter if the defendants in the case plead guilty. that money is GONE---forfeited to the authorities for ties to fraud, money laundering, unlicensed MSB etc. bitfinex is never gonna get the money back, which is why they were forced to take the loan from tether and engage in the LEO token scheme.