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NEW YORK -- Crypto entrepreneur Sam Bankman-Fried was sentenced Thursday to 25 years in prison for a fraud on hundreds of thousands of customers that unraveled with the collapse of FTX, once one of the world's most popular platforms for exchanging digital currency.
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Bankman-Fried, once the darling of the crypto world, was convicted last year of defrauding his investors at one of the larges digital currency companies in the U.S.
NEW YORK -- Crypto entrepreneur Sam Bankman-Fried was sentenced Thursday to 25 years in prison for a fraud on hundreds of thousands of customers that unraveled with the collapse of FTX, once one of the world's most popular platforms for exchanging digital currency.
Disgraced cryptocurrency wunderkind Sam Bankman-Fried is set to be sentenced Thursday following his conviction in one of the biggest financial fraud cases in history.