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Sam Bankman-Fried sentenced to 25 years in prison

From RT

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. […]

Mar 28th 2024 3:59pm EDT

Source Link: https://www.rt.com/business/595086-bankman-fried-ftx-sentenced/?utm_source=rss&utm_medium=rss&utm_campaign=RSS

Internet Archive Link: https://web.archive.org/web/20240328200436/https://www.rt.com/business/595086-bankman-fried-ftx-sentenced/

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