> Crypto Mogul Sam Bankman-Fried Sentenced to Prison
Crypto Mogul Sam Bankman-Fried Sentenced to Prison
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Crypto entrepreneur Sam Bankman-Fried was sentenced Thursday to 25 years in prison for a massive fraud that unraveled with the collapse of FTX, once one of the world’s most popular platforms for exchanging digital currency, the Associated Press reports.
Bankman-Fried, 32, was convicted in November of fraud and conspiracy — a dramatic fall from a crest of success that included a Super Bowl advertisement and celebrity endorsements from stars like quarterback Tom Brady, basketball star Stephen Curry and comedian Larry David.
Read the story: https://www.9news.com/article/news/nation-world/sam-bankman-fried-to-be-sentenced-for-defrauding-investors/507-e1de3837-6f5d-4fc1-bc8f-4c30a1bf28dd
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