Sam Bankman-Fried sentenced to 25 years in prison

Sam Bankman-Fried, once hailed as a visionary entrepreneur in the cryptocurrency world, has been sentenced to 25 years behind bars. U.S. District Judge Lewis Kaplan delivered the sentence in a Manhattan court after rejecting Bankman-Fried’s claim that FTX customers did not suffer financial losses and finding that he had lied during his trial testimony. Bankman-Fried, … Continue reading Sam Bankman-Fried sentenced to 25 years in prison