Sam Bankman-Fried jailed for 25 years after stealing billions of dollars from FTX customers

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Published 2024-03-28
Disgraced crypto entrepreneur Sam Bankman-Fried has been sentenced to 25 years in prison after being convicted of stealing billions of dollars from his customers.

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)
  • @geoms6263
    And those guilty of the financial crisis of 2008, where are they?
  • @cw-s3582
    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!
  • @coolnout3765
    25 years for billions, disgusting. The guy should have received all 100 years of incarceration. He probably was friends with the prosecutor and judge.
  • Can’t see him serving more than 12, not with the connects he paid for prior to his fall.
  • @VV-lr7xe
    How to become a multi billionaire in just less than 25 years (possible with parole , 5years or less) 😂😂😂
  • @daam
    If youre gonna commit fraud, thats the quantity of monies to aim for..
  • @hawkhoskins4250
    Post office bosses did far worse things taking peoples freedom and got no jail, no nothing.
  • @garyowen4112
    bankers pretty much did the same and they got bailed out and carried on doing the same
  • @yougoagogo4843
    Imagine if Bankers got this legal Treatment for Fraud and not get Sweetheart deals and slap on the wrist fines 😮
  • @ChiakiShirakawa
    I thought it seems to be news about Kofukai, a Japanese nursing care provider.
  • Crypto and bitcoin is a scam don’t involve your self in it it’s a scam