FTX fraudster Sam Bankman-Fried sentenced to 25 years in prison

FTX fraudster Sam Bankman-Fried sentenced to 25 years in prison

8 months ago
Anonymous $6hYC3Wwiad

https://arstechnica.com/tech-policy/2024/03/ftx-fraudster-sam-bankman-fried-sentenced-to-25-years-in-prison/

Convicted FTX fraudster Sam Bankman-Fried was sentenced to 25 years in prison today, according to news reports.

The founder and ex-CEO of cryptocurrency exchange FTX was sentenced this morning by Judge Lewis Kaplan in US District Court for the Southern District of New York. Bankman-Fried had requested a sentence of 63 to 78 months (5.25 to 6.5 years), arguing that he deserved leniency because of his "charitable works and demonstrated commitment to others."