On the 28th, a federal district court in New York sentenced Bankman Fried, the founder of FTX Trading, a major cryptocurrency exchange that went bankrupt a year ago, to 25 years in prison. I told you.
Sam Bankmanfried, the founder and CEO of FTX Trading, a major cryptocurrency exchange that went bankrupt in November, has been accused of fraud and money laundering, including misappropriating customer funds. He was charged with seven crimes, including a ring.
Bankmanfried was found guilty of all seven charges by a jury in a federal district court in New York last November, and on the 28th, the court sentenced him to 25 years in prison.
According to documents submitted by FTX to the court, it is expected that more than 1 million users will suffer damages.
The bankruptcy of FTX, which is said to be the largest ever in the crypto asset industry, and the Bankmanfried case have had a major impact on the industry, prompting financial authorities to tighten regulations and sparking debate over the protection of investors' assets. has also become more active.