Sam Bankman-Fried Sentenced to 25 Years’ Jailtime for FTX Fraud
Sam Bankman-Fried, the former billionaire prodigy behind the now-defunct FTX cryptocurrency exchange, received a 25-year prison sentence from US District Judge Lewis Kaplan on 28 March 2024.
This marked the culmination of his dramatic downfall, which saw accusations of embezzling US$8 billion (S$10.8 billion) from FTX customers.
……Read full article on Goody Feed Singapore
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