The founder of the FTX crypto exchange was sentenced to 25 years in prison
A New York court sentenced the founder of the FTX cryptocurrency exchange Sam Bankman-Fried to 25 years in prison for multibillion-dollar fraud, NBC News reports. According to journalists, initially the prosecutor’s office requested a 50-year sentence, but lawyers insisted on 6.5 years. The defendant himself made a statement “in an apologetic tone,” noting that he … Read more