I don't know what the max sentences are for any of the allegations against him, but I saw in a Youtube video that he is facing over 100 years in prison. I think it was 115 years and even if they don't decide to fully exhaust the potential maximum penalty, it is quite likely that he could be dying in prison. There is also overwhelming evidence against him and he dug his hole even deeper making several transactions that to hide some of the funds. Looking at the whole case I doubt that he will get away with this. I am curious where they are going to draw the line between Mashinsky and SBF. Since Mashinsky ran a Ponzi scheme, I guess he is worse off than SBF who claims to be a good guy with good intentions nut bad organizational talent.
Sam might not go to prison, he might be freed and might only be given a slap on the wrist hehehe. He is Gensler's pet and he might now also be his informant.
On CZ and Binance. There should not be any personal feelings for or against him and the exchange. Everyone who has traded in Binance has agreed on their terms, you paid for the fees and they gave you their service. It is a business relationship. If they are rumored to bite the dust, you should leave the service.
Sometimes it is difficult to understand where those judges draw the line. Mashinsky pulled off a mega scam and so did SBF, but SBF is allowed to spend his time as house arrest in his parents' home, which I assume is probably not the worst place to be detained. Oh now I found out that Mashinsky got released on $40 million bail.
He doesn't seem to be broke then or at least there are still people in his network who still trust him. Those two trials are going to be interesting and it is hard to believe that both will get away with penalties on the lower end.
