Sam Bankman-Fried sentenced to 25 years in prison, FTX scam
On Thursday, former cryptocurrency tycoon Sam Bankman-Fried received a 25-year prison sentence for his involvement in one of the largest financial frauds in U.S. history. Convicted in November on multiple counts including fraud, conspiracy, and money laundering, Bankman-Fried, 32, faced severe sentencing, potentially up to 110 years according to federal guidelines. Prosecutors urged Judge Lewis … Read more