A federal judge sentenced Sam Bankman-Fried to 25 years in prison on Thursday. Before imposing the sentence, Judge Lewis Kaplan dismissed the most potent arguments by Bankman-Fried’s defense team and made clear his anger at Bankman-Fried’s behavior leading up to and during his trial. There was another plausible reason for lowering the sentence, though: A recent rebound in crypto prices …
FTX's Sam Bankman-Fried was released on a $250 million bond package on Thursday while he awaits trial over the collapse of the FTX crypto exchange, which a U.S. prosecutor called a "fraud of epic proportions". Sharing his theory on the crisis, well-known American Investor and hedge fund manager Bill Ackman in a series of tweets said, “It appears that FTX …
Disgraced FTX tycoon Sam Bankman-Fried has been ignoring the advice of his lawyers and talking to the New York Times, the ABC talk show “Good Morning America” and other media outlets. As authorities sift through the wreckage of FTX, Bankman-Fried’s collapsed crypto empire, the man known as SBF has been talking to just about everyone, including the New York Times …
