Sam Bankman-Fried sentenced to 25 years of imprisonment for multi-billion dollar fraud
Thursday, 28 March 2024 Sam Bankman-Fried was sentenced to 25 years in prison by a judge on Thursday for stealing $8 billion from customers of the now-bankrupt FTX cryptocurrency exchange.
Sam Bankman-Fried , Speaks Out After Sentencing.
The former FTX CEO was sentenced
to 25 years in prison on March 28.
He was previously convicted of fraud, conspiracy and money laundering.
In an..
Credit: Wibbitz Top Stories Duration: 01:31Published
Live from Rumble StudioSam Bankman-Fried, co-founder of the failed crypto exchange FTX, has been sentenced to 25 years in prison for defrauding customers and investors of his now-bankrupt firm.