Sam Bankman-Fried sentenced to 25 years over role in FTX collapse

March 29, 2024

Sam Bankman-Fried sentenced to 25 years over role in FTX collapse – CBS News


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Sam Bankman-Fried was sentenced to 25 years in prison for his role in the sudden collapse of the FTX crypto exchange. Prosecutors say he defrauded customers out of more than $8 billion, one of the largest financial crimes in U.S. history. Errol Barnett reports.

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