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Sam Bankman-Fried, who committed what prosecutors describe as one of the largest financial frauds in U.S. history, will be sentenced Thursday. Prosecutors are calling for 40 to 50 years in prison.
FTX founder Sam Bankman-Fried was sentenced to 25 years in prison on Thursday after he was found guilty on fraud charges related to the downfall of the failed cryptocurrency exchange.
Sam Bankman-Fried has been found guilty of all charges stemming from the collapse of his cryptocurrency exchange company FTX.
Founder of FTX Sam Bankman-Roast He was found guilty on seven counts of fraud, conspiracy and money laundering, following more than two weeks of testimony
Sam Bankman-Fried, the founder of FTX, has been convicted on seven counts in a trial connected to his role in the collapse of the cryptocurrency exchange.