Hypebeast -
28 Mar 2024 20:27
Disgraced FTX founder Sam Bankman-Fried has been sentenced to 25 years in federal prison. The 32-year-old received his verdict in a Manhattan courtroom on Thursday morning.Bankman-Fried was found guilty by a jury last year of orchestrating a fraud scheme through the crypto exchange and hedge fund. He was found to have stolen $8 billion USD from users on the platform and convicted on seven charges of fraud and conspiracy.During the trial, Bankman-Fried had attempted to claim that users didn't act...
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