FTX founder Sam Bankman-Fried sentenced to 25 years prison
Sam Bankman-Fried, the founder of the formerly popular cryptocurrency exchange FTX exchange was sentenced to 25 years in prison and ordered to forfeit $11 billion in assets by a federal judge in New York on Thursday. A jury found Bankman-Fried guilty of seven counts of wire fraud, securities fraud and money laundering. The sentence handed […]
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