FTX founder sentenced to 25 years for defrauding billions

FTX founder sentenced to 25 years for defrauding billions

Tech in Asia·2024-03-29 13:00

FTX founder Sam Bankman-Fried / Photo credit: FTX

FTX founder Sam Bankman-Fried was given a 25-year jail sentence for defrauding US$8 billion from customers in one of the greatest financial fraud cases in the US, a Reuters report noted.

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