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Former billionaire Sam Bankman-Fried was convicted for orchestrating a massive financial fraud that led to downfall of crypto trading platform FTX.
Sam Bankman-Fried, the former billionaire crypto mogul, was sentenced to 25 years for stealing $8B from customers of bankrupt FTX.
Sam Bankman-Fried sentenced to 25 years for his FTX crimes. The sentence marks a stunning fall for the 32-year-old former crypto executive who was once seen as the future of finance.
FTX founder Sam Bankman-Fried speaks out after sentencing: 'I'm haunted, every day, by what was lost' "It's most of what I think about each day," he said.
Sam Bankman-Fried, the founder of failed cryptocurrency exchange FTX, has been found guilty of seven counts, including wire fraud, conspiracy to commit wire fraud, and conspiracy to commit money ...
Federal prosecutors said on Friday that Sam Bankman-Fried, the cryptocurrency mogul who was convicted of masterminding a multibillion-dollar fraud, should receive a prison sentence of 40 to 50 years.
Sam Bankman-Fried returns to Manhattan federal court Thursday for sentencing that could land him in prison for the next half-century. Follow here for the latest live news updates.
Caroline Ellison, flanked by her attorneys, was sentenced to two years in prison and three years of supervised release for her role in propping up FTX and Alameda Research last week.
Caroline Ellison was sentenced Tuesday to 24 months for her role in covering up Sam Bankman-Fried's rampant fraud at FTX—which caused billions in customer losses. Addressing the judge at ...
A Manhattan judge ripped Sam Bankman-Fried as a remorseless scammer obsessed with political power as he sentenced the fallen crypto mogul to 25 years in prison Thursday — five months after he… ...