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

Fallen crypto mogul Sam Bankman-Fried sentenced to 25 years in prison - West Hawaii Today

NEW YORK — Crypto entrepreneur Sam Bankman-Fried was sentenced Thursday to 25 years in prison for a massive fraud on hundreds of thousands of customers that unraveled with the collapse of FTX, once one of the world’s most popular platforms for exchanging digital currency.

Fallen crypto mogul Sam Bankman-Fried sentenced to 25 years in prison - Hawaii Tribune-Herald

NEW YORK — Crypto entrepreneur Sam Bankman-Fried was sentenced Thursday to 25 years in prison for a massive fraud on hundreds of thousands of customers that unraveled with the collapse of FTX, once one of the world’s most popular platforms for exchanging digital currency.

FTX founder sentenced

FINANCIAL CRIME

FTX founder Sam Bankman-Fried sentenced to 25 years in prison for embezzling customer money

Prosecutors had asked for between 40 and 50 years' imprisonment for the 32-year-old American, whose cryptocurrency platform went bankrupt in 2022.

Fallen crypto mogul Sam Bankman-Fried gets 25 years jail term

Bankman-Fried was convicted in November of fraud and conspiracy — a dramatic fall from a crest of success that included testimony before Congress and celebrity endorsements.

Founder 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…