Bitcoinist
2024-03-29 08:42:46

FTX Founder Sam Bankman-Fried Gets 25 Years Prison Sentence – Details

Disgraced crypto entrepreneur Sam Bankman-Fried (SBF) faces a hefty 25-year prison sentence for masterminding the spectacular collapse of his FTX exchange, a Manhattan court ruled on Thursday. The sentence, though significant, represents only the opening chapter in a saga likely to continue through appeals and potential early release considerations. Related Reading: Crypto Crackdown: US, UK

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