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Sam Bankman-Fried to be sentenced today for $8 billion FTX fraud; faces 110 years in prison

Former crypto billionaire Sam Bankman-Fried is bracing for his sentencing on Thursday following his conviction for stealing $8 billion from customers of the now-defunct FTX exchange, a company he founded five years ago. At 32, Bankman-Fried stares down the possibility
The post Sam Bankman-Fried to be sentenced today for $8 billion FTX fraud; faces 110 years in prison first appeared on Tech Startups.

Former crypto billionaire Sam Bankman-Fried is bracing for his sentencing on Thursday following his conviction for stealing $8 billion from customers of the now-defunct FTX exchange, a company he founded five years ago. At 32, Bankman-Fried stares down the possibility […]

The post Sam Bankman-Fried to be sentenced today for $8 billion FTX fraud; faces 110 years in prison first appeared on Tech Startups.

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