Sam Bankman-Fried to Spend 25 Years in Federal Prison
Sam Bankman-Fried was sentenced to 25 years in federal prison.
Sam Bankman-Fried was sentenced to 25 years in federal prison.
The trial of Sam Bankman-Fried (SBF), once a cryptocurrency billionaire now accused of orchestrating multibillion-dollar fraud, is under way in Manhattan’s federal court. Customers of FTX, Bankman-Fried’s collapsed crypto exchange, lost billions in dollars when the firm declared bankruptcy after an $8 billion liquidity shortfall was exposed. The court will decide whether this deficiency is […]
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