Disgraced inclined FTX CEO Sam Bankman-Fried sentenced to 25 years

Disgraced inclined FTX CEO Sam Bankman-Fried sentenced to 25 years

BREAKING: A issue sentenced Sam Bankman-Fried to 25 years in penal complex for orchestrating what prosecutors possess known as one of many top possible financial frauds in American historical past.

He became accused of the usage of buyer deposits on the cryptocurrency trading platform FTX, the corporate he based, to duvet losses at his hedge fund, repay loans and snatch lavish valid estate, among completely different personal expenses.

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