Sentenced to 25 years prison: Sam Bankman-Fried the Wunderkind of cryptocurrencies - The Bitcoin News

2024-03-29 07:28:27

FTX co-founder and crypto wunderkind Sam Bankman-Fried has been sentenced to 25 years in federal prison and ordered to repay more than $11 billion for his conviction on fraud and money laundering charges, a Manhattan court ruled Thursday. Bankman-Fried, 32, faced a maximum sentence of more than 100 years for the seven crimes he was convicted of in November by a New York jury. These include several…

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