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Mar 28, 2024 · Sam Bankman-Fried has been sentenced to 25 years in federal prison for defrauding customers and investors in crypto exchange FTX.
Mar 28, 2024 · Sam Bankman-Fried, the founder of the FTX cryptocurrency exchange who was convicted of stealing billions of dollars from customers, was sentenced to 25 years in prison on Thursday, capping...
Mar 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.
Mar 28, 2024 · Samuel Bankman-Fried, the founder of FTX and Alameda Research, was convicted of multiple fraud charges and ordered to pay $11 billion in forfeiture. He misappropriated billions of dollars of customer funds, defrauded investors and lenders, and lied about his financial statements.
Mar 28, 2024 · Sam Bankman-Fried was sentenced Thursday to 25 years in prison for his role in defrauding users of the collapsed cryptocurrency exchange FTX. In a federal courtroom in lower Manhattan,...
Mar 28, 2024 · Sam Bankman-Fried's sentence of 25 years puts him at the high end for sentence length in prominent white-collar fraud cases. He faced over 100 years in prison under federal sentencing...