Crypto King Sam Bankman-Fried jailed for 25 years
Sam Bankman-Fried - also known as SBF - has been sentenced to 25 years in prison for stealing billions of dollars from customers of his cryptocurrency exchange FTX.
2024-03-28 20:00:00 - BBC News
The former billionaire CEO faces decades in prison for fraud and conspiracy charges stemming from his role in the collapse of FTX.
Prosecutors say Bankman-Fried took more than $10bn (£7.9bn) from unsuspecting customers in "one of the biggest financial frauds" in US history.