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Published 30 days ago

Bankman-Fried sentenced to 25 years for multi-billion dollar FTX fraud

  • Bankman-Fried sentenced to 25 years for FTX fraud, convicted of stealing billions from customers.
  • Secret back doors used by Bankman-Fried's company to access customer money without their knowledge.
  • Victims unlikely to be fully compensated, judge criticizes Bankman-Fried's claim.
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