Sam Bankman-Fried was sentenced to 25 years in prison on Thursday by Manhattan Federal Judge Lewis Kaplan. A jury found Bankman-Fried guilty of one of the largest white-collar crimes in history roughly five months ago. The 32-year-old could be in jail until he’s 57.
Ex-FTX CEO Sam Bankman-Fried is again being accused of campaign finance violations. This time, prosecutors say the once-crypto kingpin used other FTX execs to hide just how much of the Washington machinery he was trying to turn pro-crypto.
Once the lord of a multibillion-dollar crypto empire under the FTX brand name, Sam Bankman-Fried will now have to prepare himself for his upcoming trial from a cell. A New York federal judge revoked Bankman-Fried’s bail and sent the crypto wiz to jail Friday to await trial later this year.
Federal prosecutors want to once again take hold of the frizzy-haired ex-FTX head Sam Bankman-Fried and put him back in jail. Reports from inside pre-trial court hearings say the Department of Justice has had it up to here with the once-crypto kingpin leaking sensitive material to the press, alleging he’s trying to…
