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2024-03-28T16:11:15.371Z
Highlights: Sam Bankman-Fried sentenced to 25 years in prison. Judge Lewis Kaplan set the sentence at 25 years after a jury found the 32-year-old guilty in November. Prosecutors had previously called for a much higher prison sentence for Sam Bank man-fried. More soon on SPIEGEL.de. The founder of the collapsed crypto exchange FTX will spend the coming decades behind bars. The multi-billion dollar fraud trial took place in New York and Washington, D.C.
The founder of the collapsed crypto exchange FTX has been found guilty in a multi-billion dollar fraud trial. Prosecutors had previously called for a much higher prison sentence for Sam Bankman-Fried.
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Sam Bankman-Fried with his lawyers: 20 years in prison
Photo: Jane Rosenberg / REUTERS
The founder of the collapsed crypto exchange FTX will spend the coming decades behind bars. In the multibillion-dollar fraud trial of Sam Bankman-Fried, Judge Lewis Kaplan set the sentence at 25 years after a jury found the 32-year-old guilty in November.
More soon on SPIEGEL.de.
Source: spiegel
