
‘Crypto King’ Sam Bankman-Fried jailed for 25 years
Sam Bankman-Fried – also known as SBF – has been sentenced to 25 years in prison for stealing billions of dollars from customers of his cryptocurrency exchange FTX. After a two hour hearing the judge, Lewis Kaplan, said Bankman-Fried knew what he was doing was criminal and regretted making a bad bet about the likelihood…