FTX crypto-crook Sam Bankman-Fried gets 25 years in prison
March 28, 2024 at 02:05PM Crypto-king Sam Bankman-Fried has been sentenced to 25 years in jail for corporate fraud, with his legal team’s arguments largely dismissed. Bankman-Fried, CEO of FTX and co-founder of Alameda Research, used customer funds for risky investments, contributing to FTX’s collapse with $8 billion in cryptocurrency unaccounted for. Prosecutors recommended a … Read more