Sam Bankman-Fried Sentenced to 25 Years for Multi-Billion Dollar FTX Fraud

Sam Bankman-Fried was sentenced to 25 years in prison by a judge on Thursday for stealing $8 billion (roughly Rs. 66,678 crore) from customers of the now-bankrupt FTX cryptocurrency exchange he founded, the last step in the former billionaire wunderkind's dramatic downfall.

source https://www.gadgets360.com/cryptocurrency/news/sam-bankman-fried-sentenced-25-years-multi-billion-dollar-ftx-fraud-5332262#rss-gadgets-all

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