Sam Bankman-Fried Sentenced to 25 Years for Business Fraud
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Lock Him Up! Lock Him Up!
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Date: March 28, 2024 02:40PM
FTX founder Sam Bankman-Fried was sentenced Thursday to 25 years in prison for fraud tied to the collapse of his digital exchange, capping the onetime crypto king’s meteoric rise and fall.
Less than two years ago, the moptop millennial hobnobbed with heads of state, soaked up Caribbean views from his $30 million NYC penthouse and vowed to use his wealth to better humanity.