Sam Bankman-Fried Sentenced to 25 Years in Prison
Sam Bankman-Fried, the 32-year-old former billionaire who founded the now-bankrupt cryptocurrency exchange FTX, was found guilty in November on seven counts of fraud, embezzlement, and...
Sam Bankman-Fried, the 32-year-old former billionaire who founded the now-bankrupt cryptocurrency exchange FTX, was found guilty in November on seven counts of fraud, embezzlement, and criminal conspiracy for stealing $8 billion from FTX customers. Bankman-Fried was sentenced on Thursday in a Manhattan federal court to 25 years in prison. Southern District of New York Judge...