TechCrunch Minute: Sam Bankman-Fried’s sentencing marks an end to the FTX saga
https://techcrunch.com/2024/03/29/techcrunch-minute-sam-bankman-frieds-sentencing-marks-an-end-to-the-ftx-saga/
After a lengthy trial and conviction, we finally learned how long former crypto baron Sam Bankman-Fried will be behind bars: up to 25 years. It’s a lengthy sentence, but one that given the scale of the crimes he was convicted of, doesn’t come as a shock.
For the crypto industry, it’s also the final page in a chapter that many may want firmly behind them. After all, we’re out of the last crypto winter and are back in a period of rising token prices, growing trading volume, and hints of the prior excitement that web3 commanded during the last asset bubble.