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Sam Bankman-Fried, co-founder of the failed crypto exchange FTX, has been sentenced to 25 years in prison for defrauding customers and investors of his now-bankrupt firm.
The crypto exchange co-founder was convicted last year of stealing $8bn from investors.
The crypto exchange co-founder was convicted last year of stealing $8bn from investors.
Long before cryptocurrency and Sam Bankman-Fried, the biggest name in corporate fraud was Bernie Madoff. Fifteen years after the FBI arrested Madoff on
More than $14.6-billion has been recovered for Madoff’s victims so far by Irving Picard, the court-appointed trustee overseeing the liquidation of Madoff’s firm, and his legal team