Edward Imperatore spoke with Bloomberg about how the U.S. Attorney’s Office for the Southern District of New York (SDNY) decided to bring charges against Sam Bankman-Fried shortly after SDNY had begun its investigation of the FTX cryptocurrency exchange and its collapse.
“SDNY took a calculated risk,” said Edward, a former SDNY prosecutor. “It saw this as a very public allegation, the implosion of a crypto exchange, coupled with a straightforward fraud theory and ability to investigate after filing charges,” and “they said we should pull the trigger on this.”
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