Sam Bankman-Fried FTX fraud victim says life was destroyed
More than four months after he was convicted on seven charges by a New York jury, Sam Bankman-Fried is set to learn how long he'll spend behind bars.
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More than four months after he was convicted on seven charges by a New York jury, Sam Bankman-Fried is set to learn how long he'll spend behind bars.
Some former FTX customers expressed anger and disappointment on Thursday after Sam Bankman-Fried, the crypto exchange's former billionaire boss, was sentenced to 25 years in prison for stealing $8... -March 28, 2024 at 02:40 pm EDT - MarketScreener
Disgraced crypto mogul Sam Bankman-Fried was sentenced to 25 years in prison Thursday, but the convicted fraudster could be out in half that time.
People who lost huge sums of money when the cryptocurrency exchange went under flocked to social media to share their anger, calling his 25 year sentence 'laughable' and a 'joke'.
Before sentencing, Bankman-Fried acknowledged in court that he made a "series of bad decisions," but argued they were not "selfish" ones.