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NEW YORK — Sam Bankman-Fried must spend 25 years in prison for the fraud and conspiracy scheme that ultimately undid his once-giant cryptocurrency exchange FTX, a federal judge ruled on Thursday.As he prepared to deliver the sentence,…

NEW YORK — A federal judge sentenced former cryptocurrency mogul Sam Bankman-Fried to 25 years in prison Thursday, saying that a man who once graced magazine covers and testified at congressional hearings as the face of a booming new…

In an interesting development, a dormant pre-mine Ethereum address containing 1,000 ETH has been activated after lying inactive for nearly nine years.Crypto data tracker Whale Alert reports that "a dormant pre-mine address containing…

NEW YORK (AP) — FTX founder Sam Bankman-Fried has been sentenced to 25 years in prison for a…

Sam Bankman-Fried has been sentenced to 25 years in jail as a US court noted that he had shown no “real remorse” even in his final pre-sentencing remarks. During the sentencing, the former billionaire, who once was on the cover of…

On Thursday, Sam Bankman-Fried strode into a Manhattan courtroom for the conclusion of his criminal trial, hoping he would face only a handful of years in prison for charges related to the collapse of his crypto exchange. Instead,…

NEW YORK (AP) — Crypto entrepreneur Sam Bankman-Fried was sentenced Thursday to 25 years in prison for a massive fraud on hundreds of thousands of customers that unraveled with the collapse of…

By Natalie Sherman & Kayla EpsteinBBC News28 March 2024, 16:12 GMTUpdated 32 minutes agoSam Bankman-Fried, co-founder of the failed crypto exchange FTX, has been sentenced to 25 years in prison for defrauding customers and investors…

This article has been reviewed according to Science X's editorial process and policies. Editors have highlighted the following attributes while…

Federal prosecutors said on Friday that Sam Bankman-Fried, the disgraced cryptocurrency mogul, should receive a prison sentence of 40 to 50 years for his conviction on fraud charges.The prosecutors outlined the sentencing recommendation…