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Sam Bankman-Fried Sentenced to 25 Years for Multi-Billion Dollar FTX Fraud

By gerdabnews.com

29 Mar, 2024

Sam Bankman-Fried Sentenced to 25 Years for Multi-Billion Dollar FTX FraudSam Bankman-Fried was sentenced to 25 years in prison by a judge on Thursday for stealing $8 billion (roughly Rs. 66,678 crore) from customers of the now-bankrupt FTX cryptocurrency exchange he founded, the last step in the former billionaire wunderkind's dramatic downfall.["cryptocurrency"]

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