Founder of cryptocurrency platform FTX appeals sentence for fraud

Founder of cryptocurrency platform FTX appeals sentence for fraud

NY. Disgraced cryptocurrency superstar Sam Bankman-Fried has appealed his 25-year prison sentence for fraud, according to a court document released Thursday. During the sentencing hearing on March 28 before federal judge Lewis Kaplan, in New York, his lawyers indicated that he would appeal, which he did on April 1, paying $605, according to the ad … Read more

Sam Bankman-Fried just got sentenced to 25 years in prison

Sam Bankman-Fried just got sentenced to 25 years in prison

Disgraced former FTX CEO Sam Bankman-Fried was just sentenced to 25 years behind bars in a ruling handed forth New York’s Southern District Court. Judge Lewis A. Kaplan announced the decision this morning. As posted by CNNBankman-Fried expressed regret for his actions and the people he harmed. “It’s been excruciating to watch,” he said. “Customers … Read more