Sam Bankman-Fried jailed for 25 years after stealing billions of dollars from FTX customers
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Published 2024-03-28
He was the chief executive of FTX, which suddenly went bankrupt in November 2022 - leaving millions of users frozen out of their accounts and unable to make withdrawals.
Read more: news.sky.com/story/sam-bankman-fried-disgraced-cry…
#sbf #sambankmanfried #ftx
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All Comments (21)
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And those guilty of the financial crisis of 2008, where are they?
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It's about time these heartless scammers who bilked people out of life savings, are finally thrown in jail . They should throw away the key!
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25 years for billions, disgusting. The guy should have received all 100 years of incarceration. He probably was friends with the prosecutor and judge.
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Can’t see him serving more than 12, not with the connects he paid for prior to his fall.
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only 25 years?
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How to become a multi billionaire in just less than 25 years (possible with parole , 5years or less) 😂😂😂
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If youre gonna commit fraud, thats the quantity of monies to aim for..
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Just 25 ? Omg
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He got off light 😡
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Post office bosses did far worse things taking peoples freedom and got no jail, no nothing.
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This is a sad day for "Auntie" Maxine Waters.
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bankers pretty much did the same and they got bailed out and carried on doing the same
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Imagine if Bankers got this legal Treatment for Fraud and not get Sweetheart deals and slap on the wrist fines 😮
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I thought it seems to be news about Kofukai, a Japanese nursing care provider.
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His gifts of money to the government didn’t help him 😂😂
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He'll be out on appeal in no time.
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He doesn’t even look trustworthy… scam artist
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He’s der real voctim heor. Btw How much time is his bird getting?
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Crypto and bitcoin is a scam don’t involve your self in it it’s a scam
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Freid? Jailed?