Home United States USA — IT Crypto exchange FTX CEO Sam Bankman-Fried sentenced to 25 years in prison

Crypto exchange FTX CEO Sam Bankman-Fried sentenced to 25 years in prison

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Sam Bankman-Fried, the co-founder and CEO of collapsed crypto exchange FTX, was on Thursday sentenced to 25 years in prison in the US for seven counts of conspiracy and fraud charges.
Sam Bankman-Fried, the co-founder and CEO of collapsed crypto exchange FTX, was on Thursday sentenced to 25 years in prison in the US for seven counts of conspiracy and fraud charges.
Judge Lewis Kaplan ordered a 240-month sentence and a 60-month sentence to be served consecutively, reports The Verge.
“On obstruction of justice, I find that Bankman-Fried’s text to the former general counsel did, in fact, constitute attempted witness tampering.

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