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Bankman-Fried sentenced to 25 years for FTX fraud

By Inquirer - 8 months ago
NEW YORK  — Sam Bankman-Fried was sentenced to 25 years in prison by a judge on Thursday for stealing $8 billion from customers of the now-bankrupt FTX cryptocurrency exchange he founded, the last step in the former billionaire wunderkind’s dramatic downfall. U.S. District Judge Lewis Kaplan handed down the sentence at a Manhattan court hearing

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