Crypto entrepreneur Sam Bankman-Fried sentenced to 25 years in prison for financial fraud.
Crypto entrepreneur Sam Bankman-Fried, once a rising star in the industry, has been sentenced to 25 years in prison by US District Judge Lewis Kaplan. Bankman-Fried's dramatic fall from success includes a Super Bowl ad and celebrity endorsements from stars like Tom Brady and Stephen Curry. His sentencing comes after being convicted in one of the largest financial fraud cases in history.
March 28, 2024
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