FTX crypto-crook Sam Bankman-Fried gets 25 years in prison

Fallen crypto-king Sam Bankman-Fried has been jailed for 25 years after New York federal judge Lewis Kaplan expressed disbelief at almost every argument from his legal team. The mastermind behind one of the largest cases of corporate fraud in US history was convicted on seven charges (conspiracy to commit wire fraud on customers and lenders, actual wire fraud on the same, and conspiracies to commit commodities fraud, securities fraud and money laundering) in early November last year, and has been behind bars ever since.

Source: The Register

 


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