Crypto

Cryptocurrency Exchange Founder Sam Bankman-Fried Sentenced to 25 Years for Massive Fraud

Manhattan: In a landmark verdict that reverberated through the financial world, former billionaire and cryptocurrency trailblazer Sam Bankman-Fried was sentenced to 25 years in prison by US District Judge Lewis Kaplan on Thursday. The sentencing marked the culmination of a sensational downfall for the erstwhile wunderkind, who faced charges of orchestrating a staggering $8 billion…

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