Thursday, March 28, 2024

Breaking: Former billionaire crypto mogul Sam Bankman-Fried sentenced to 25 years for stealing $8 billion from customers of bankrupt FTX

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Thu Mar 28 2024

Sam Bankman-Fried sentencing: Judge sets FTX founder's prison term

CEO of FTX Sam Bankman-Fried testifies during a hearing before the House Financial Services Committee at Rayburn House Office Building on Capitol Hill December 8, 2021 in Washington, DC. The committee held a hearing on "Digital Assets and the Future of Finance: Understanding the Challenges and Benefits of Financial Innovation in the United States."

Sam Bankman-Fried, the former billionaire crypto mogul, was sentenced to 25 years for stealing $8B from customers of bankrupt FTX.

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