May 12, 2024
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Crypto

FTX founder Sam Bankman-Fried sentenced to 25 years in prison

  • March 28, 2024

NEW YORK (AP) — Crypto entrepreneur Sam Bankman-Fried was sentenced Thursday to 25 years in prison for a massive fraud on hundreds of thousands of customers that unraveled with the collapse of FTX, once one of the world’s most popular platforms for exchanging digital currency. Though he described Bankman-Fried as “extremely smart,” U.S. District Judge

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Crypto

Sam Bankman-Fried will be sentenced Thursday for his crypto fraud. Throw the book at him

  • March 27, 2024

Samuel Bankman-Fried after a court appearance in his federal fraud case last year. A jury later convicted him on seven counts. (John Minchillo / Associated Press) Based on the conflicting pre-sentencing reports submitted to the judge who will sentence Sam Bankman-Fried Thursday on seven fraud counts, you might think this is a complicated case. After

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