FTX’s Sam Bankman-Fried sentenced to 25 years in prison for cryptocurrency fraud
Disgraced cryptocurrency entrepreneur Sam Bankman-Fried was sentenced to 25 years in prison Thursday for masterminding a multibillion-dollar fraud scheme. Earlier in March, prosecutors recommended a sentence of 40-50 years, less than half the possible maximum for his sentences. They argued that this would be “commensurate with the extraordinary dimensions of his crimes” committed in his … Read more