Sam Bankman-Fried sentenced to 25 years in prison
The disgraced crypto mogul “orchestrated one of the largest financial frauds in history,” government prosecutors argued FTX co-founder Sam Bankman-Fried has been sentenced to 25 years in a US federal prison for stealing billions of dollars from customers and defrauding investors. The one-time cryptocurrency guru has also been ordered to pay $11 billion in restitution. […]
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