FTX founder Sam Bankman-Fried was sentenced Thursday to 25 years in prison for fraud tied to the collapse of his digital exchange.
Less than two years ago, Bankman-Fried was the crypto king. He hung around with heads of state, had a $30 million penthouse in the Caribbean and vowed to use his wealth to better humanity.
Last year, a jury found the 32-year-old guilty of stealing billions of dollars from FTX customers and defrauding investors and lenders to his crypto investment firm Alameda Research.
Bankman-Fried, standing with his hands clasped, told the judge before sentencing Thursday that he was haunted every day by what he had thrown away. “I was responsible for FTX, and its collapse is on me,” he said during a 20-minute statement.
He’ll be treated as kind as any Congressman…..because he helped elect so many of them.
He want spend anywhere near that. Or he may go out like Epstein did.
Oh he’s going to do so well in prison.. He’s going to be someone’s bitch.
Medium security prison. Cocktail hour is 5pm to 6pm.
I kept telling people that any kind of Crypto Currency will not work in the long term, because it does not have a gold or silver back drop like any other Currency. If it deflates, all is gone.
won’t do a day….”big guy” to the rescue…for 10% of course!
ha ha. give the lib jew more years please. put whitey in with the gen BLACK pop.
He should have got a 100 years!
Now where are democrats going to get their corrupt money from?
Ukraine, same as always, just ask the big guy
GOOD Let’s hope he serves the 25! Disgusting looking and acting character born, nurtured and developed by disgusting parents…
mommy and dadday are jew hating jews. put them in prison also. time to emulate with these people what they did to the parents of the michigan shooter.
Looks like he bettered his wallet……
Did he forget to send 10% to the big guy? That would explain a lot.
So,, the puppet that stole $Billions, sentence to 25, will do 12 or less.. Not too bad..
As long as his puppet masters take care of his canteen needs while he is in.
This is a travesty of justice.
Gotta do 80% of your time in the feds. He will do a minimum of 20 years
Unless droopy drawers Joe pardons him.
Why do I think he won’t serve more than 18 months?
Joooooooooooo?
He belongs to a protected class of people.
& a haircut.
Should be Epsteined.
That’s probably coming or he’ll get a total Pardon, can’t have him talking after all.
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