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Sam Bankman-Fried, FTX founder, sentenced to 25 years in prison in crypto fraud case

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Former crypto mogul Sam Bankman-Fried was sentenced Thursday to 25 years in prison for his role in the 2022 collapse of FTX, which once was one of the world’s most popular platforms for trading digital currency.

The Associated Press · Posted: Mar 28, 2024 11:56 AM EDT | Last Updated: 6 minutes ago

FTX founder Sam Bankman-Fried leaves a federal court building on July 26, 2023, in New York. Bankman-Fried was sentenced Thursday to 25 years in prison for his role in the 2022 collapse of FTX. (Mary Altaffer/The Associated Press)

Former crypto mogul Sam

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This story was originally published on  CBC News. To read the rest of this news worthy story, please visit https://www.cbc.ca/news/business/ftx-bankman-fried-sentencing-1.7158098?cmp=rss.

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