Crypto Gloom

Former FTX boss Sam Bankman-Fried sentenced to 25 years in prison

Former FTX boss Sam Bankman-Fried sentenced to 25 years in prisonOn Thursday, March 28, 2024, Sam Bankman-Fried, the former head of FTX, was sentenced in federal court in Manhattan. As Matthew Russell Lee of Inner City Press reports, U.S. Marshals escorted Bankman-Fried into court at 9:39 a.m. ET. Judge Lewis Kaplan said, “I know the Probation Department (…)