The Daily Hodl
2024-03-28 22:13:52

Disgraced FTX Founder Sam Bankman-Fried Sentenced to 25 Years in Prison After Fraud Conviction

A US judge has sentenced disgraced FTX founder Sam Bankman-Fried to 25 years in prison after the former crypto tycoon was convicted of fraud charges last year. District Judge Lewis A. Kaplan also sentenced Bankman-Fried to three years of supervised release and ordered him to pay $11 billion in forfeiture. FTX imploded and filed for The post Disgraced FTX Founder Sam Bankman-Fried Sentenced to 25 Years in Prison After Fraud Conviction appeared first on The Daily Hodl .

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