Complete Story
03/28/2024
For his FTX Crimes, Sam Bankman-Fried Sentenced to 25 Years in Prison
The crypto influencer was sentenced for his acts of fraud
Twenty-five years.
That's how long "crypto wunderkind" Sam Bankman-Fried was sentenced to prison on Thursday after being convicted of seven counts of fraud over the collapse of a crypto exchange that was once seen as a key players in the world of finance.
The sentence was delivered by Judge Lewis Kaplan in a Manhattan courtroom, who cautioned that Bankman-Fried "will be in a position to do something very bad in the future, and it's not a trivial risk."
Please select this link to read the complete article from NPR.