Fallen crypto tycoon gets 25 years
NEW YORK: Disgraced cryptocurrency wunderkind Sam Bankman-Fried was sentenced to 25 years in jail on Thursday — a stunning descent for a figure who seemed poised to lead an emerging sector less than two years ago. US District Judge Lewis Kaplan said the defendant, who became known by his initials “SBF,” had shown no “real […]
Tomas Kauer - News Moderator 
NEW YORK: Disgraced cryptocurrency wunderkind Sam Bankman-Fried was sentenced to 25 years in jail on Thursday — a stunning descent for a figure who seemed poised to lead an emerging sector less than two years ago.
US District Judge Lewis Kaplan said the defendant, who became known by his initials “SBF,” had shown no “real remorse,” even in his final pre-sentencing remarks in which the former billionaire rued “a series of bad decisions” but did not acknowledge knowingly violating financial laws.
Register to read this story and more for free.
Signing up for an account helps us improve your browsing experience.
OR
See our subscription options.
Already have an account? Log in here
This website uses cookies. By continuing to browse the website, you are agreeing to our use of cookies. Read More.
_2024_04_07_16_45_39.jpg){kind=small}
