Fried, founder of US cryptocurrency trading platform FTX, sentenced to 25 years in prison. Prosecutors called the case a historic event in the United States.
One of the largest financial fraud cases in the world. Before the 2022 U.S. midterm elections, he used assets “stolen” from FTX clients to donate more than $100 million to political campaigns. The indictment against Bankman-Fried alleges that he used this influence to lobby Congress and regulators to introduce supportive legislation.