Sam Bankman-Fried sentenced to 25 years in prison for his role in collapse of FTX crypto exchange
Former cryptocurrency billionaire Sam Bankman-Fried was sentenced Thursday to 25 years behind bars for his function in perpetrating one of many largest monetary crimes in U.S. historical past. Bankman-Fried, 32, was convicted in November of seven counts of fraud, conspiracy and cash laundering, together with different costs of conspiracy to commit commodities and securities fraud. … Read more