Financial News

Sam Bankman-Fried's sentencing judge accused him of lying during his testimony and claimed he knew what he was doing was wrong. Read more: Sam Bankman-Fried slapped with 25 years for FTX fraud

Disgraced cryptocurrency wunderkind Sam Bankman-Fried was sentenced to 25 years in jail on Thursday following his conviction in one of the biggest financial fraud cases in history.

Southern District of New York Judge Lewis Kaplan said that the loss amount to the victims of Bankman-Fried's crimes surpassed $550 million.

NEW YORK (AP) — Crypto entrepreneur Sam Bankman-Fried was sentenced Thursday to 25 years in prison for a massive fraud that unraveled with the collapse of FTX, once one of the world’s most popular platforms for exchanging digital currency.

Crypto entrepreneur Sam Bankman-Fried was sentenced Thursday to 25 years in prison for a massive fraud that unraveled with the collapse of FTX, once one of the world’s most popular platforms for exchanging digital currency.

Asked for a 60-78 month sentence

(MENAFN - Khaleej Times) Climate Cron, a pioneering blockchain-based cryptocurrency, has emerged as the driving force behind a change in Dubai's property market, a historic development for the ...

Former crypto mogul Sam Bankman-Fried faces the potential of decades in prison when he is sentenced Thursday for his role in the 2022 collapse of FTX, once one of the world's most popular platforms for trading digital currency.

Crypto entrepreneur Sam Bankman-Fried was sentenced Thursday to 25 years in prison for a massive fraud that unravelled with the collapse of FTX, once one of the world's most popular platforms for exchanging digital currency.

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The 32-year-old convicted fraudster will learn his fate at a Manhattan federal court hearing set for 9:30 a.m., capping an epic and swift fall from grace.