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Mar 29, 2024 · New York CNN — A federal judge on Thursday ordered Sam Bankman-Fried to repay more than $11 billion as part of his sentence for defrauding customers and investors in his failed crypto...
Oct 6, 2021 · Worth $22.5 billion, Sam Bankman-Fried is the richest self-made newcomer in Forbes 400 history. And at 29, he’s one of the youngest. Here’s how he stacks up against the competition.
- Steven Ehrlich
Dec 18, 2022 · Update: FTX founder Sam Bankman-Fried sentenced to 25 years for crypto fraud, to pay $11 billion in forfeiture. He told Bahamas regulators he was “deeply sorry for ending up in this position.”
Nov 10, 2022 · Bankman-Fried is now reportedly trying to cobble together emergency funding to cover a shortfall of up to $8 billion following the customer exodus, according to The Wall Street Journal.
- Chase Peterson-Withorn
Mar 28, 2024 · The founder and former CEO of the massive cryptocurrency exchange FTX was sentenced to 25 years in prison Thursday after being convicted of fraud for stealing at least $10 billion from customers and investors.
- Digital Engagement Editor
Bankman-Fried was the second-largest individual donor to Democratic causes for the 2022 U.S. elections, with total donations of $39.8 million, only behind George Soros, of which $27 million was given to the Protect Our Future PAC.
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5 days ago · Sam Bankman-Fried was one of the richest people in crypto, thanks to his FTX exchange and Alameda Research trading firm, before his empire came crashing down in November 2022.
