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Unlike Bernie Madoff, SBF has not confessed to any criminal conduct, arguing FTX's collapse was purely sloppiness, meaning a US prosecution could take some time (Ankush Khardori/New York Magazine)




Ankush Khardori / New York Magazine:

Unlike Bernie Madoff, the SBF has not confessed to any crime, arguing that the collapse of FTX was purely negligent, meaning a US prosecution could take some time.— On December 11, 2008, Bernie Madoff was arrested and criminally charged with one of the largest financial frauds in history…

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