Sam Bankman-Fried Sentenced to 25 Years
Thursday, March 28th 2024, 4:15:46 pm
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Sam Bankman-Fried, the former CEO of cryptocurrency exchange FTX, was sentenced to 25 years in prison today after being found guilty of seven counts of wire fraud and conspiracy in November 2023. Bankman-Fried was facing up to 110 years in prison for fraud that led to $10 billion of customer and investor funds being lost. ...
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