‘He knew it was wrong’: Sam Bankman-Fried sentenced to 25 years in prison over FTX fraud

‘He knew it was wrong’: Sam Bankman-Fried sentenced to 25 years in prison over FTX fraud

2 months ago
Anonymous $6hYC3Wwiad

https://www.theguardian.com/business/2024/mar/28/sam-bankman-fried-sentenced-prison-ftx-fraud

Judge orders disgraced crypto mogul to forfeit $11bn in assets and says he showed no remorse for his crimes

Sam Bankman-Fried, the disgraced cryptocurrency mogul who perpetrated one of the largest financial frauds in history, has been sentenced to 25 years in prison and ordered to forfeit $11bn in assets. His lawyer reiterated a pledge to appeal the sentence the same day.