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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FTX founder sentenced
FINANCIAL CRIME
·South Dakota, United States
Read Full ArticleFounder of FTX gets prison time for fraud
NEW YORK — Sam Bankman-Fried was sentenced Thursday to 25 years in prison for a massive fraud affecting hundreds of thousands of customers that unraveled with the collapse of FTX, once one of the world's most popular platforms for exchanging…
·Omaha, United States
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Total News Sources402
Leaning Left91Leaning Right61Center116Last UpdatedBias Distribution43% Center
Bias Distribution
- 43% of the sources are Center
43% Center
L 34%
C 43%
R 23%
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