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Sam Bankman-Fried on Thursday was sentenced to 25 years in prison, a year and a half after his crypto startup, FTX, imploded practically overnight and set off a massive a federal investigation.
The crypto exchange co-founder was convicted last year of stealing $8bn from investors.
Mar 28, 2024 - FTX co-founder and cryptocurrency wonder-kid Sam Bankman-Fried was sentenced Thursday to 25 years in federal prison for fraud and money laundering.Bankman-Fri
Legacy media outlets the Department of Justice neglected to mention that Sam Bankman-Fried was a top donor to Democratic-aligned causes in their releases.
By Lauren del Valle and Allison Morrow, CNN