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Home » Sam Bankman-Fried Sentenced to 25 Years in Prison for Cryptocurrency Fraud

Sam Bankman-Fried Sentenced to 25 Years in Prison for Cryptocurrency Fraud

    Sam Bankman-Fried, the disgraced founder of the failed FTX cryptocurrency exchange, was sentenced to 25 years in prison by a federal judge Thursday. A federal jury in November 2023 convicted Bankman-Friend on seven counts of fraud and conspiracy related to the collapse of his cryptocurrency company and related hedge fund. The charges had carried a …

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