Tag: Fried
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FTX Founder Sam Bankman Fried Sentenced to 25 Years in Jail
FTX founder Sam Bankman-Fried (SBF) has been sentenced to 25 years in prison for his role in defrauding customers of the now-bankrupt cryptocurrency exchange, Reuters reported . On March 28, U.S. District Judge Lewis Kaplan ruled Bankmam-Fried guilty, rejecting his claims that customers did not actually lose money and finding that he had lied during…