The Downfall of FTX & Sam Bankman-Fried: Does crypto need more regulation?
Scripps News Scripps News
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 Published On Mar 28, 2024

A Manhattan judge sentenced former crypto mogul Sam Bankman-Fried was sentenced 25 years in prison Thursday after being convicted in November of fraud and conspiracy.

Bankman-Fried, founder of the widely popular digital currency platform FTX, was found guilty of misappropriating billions of dollars leading to the company's collapse and $10 billion in losses for customers, investors and lenders.

More here: https://scrippsnews.com/stories/dethr...
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