Bankman-Fried Gets 25 Years For 'Very Bad Bet' Of FTX Fraud

[Gunnar Larson]

Bankman-Fried Gets 25 Years For 'Very Bad Bet' Of FTX Fraud
<https://www.law360.com/newyork/articles/1818258?nl_pk=ac5a3855-e47c-4403-bee6-ca14f9bcf831&utm_source=newsletter&utm_medium=email&utm_campaign=newyork&utm_content=2024-03-29&read_main=1&nlsidx=0&nlaidx=0>

By Rachel Scharf and Pete Brush

FTX founder Sam Bankman-Fried was sentenced Thursday to 25 years in prison
for stealing more than $11 billion from customers, investors and lenders of
his now-collapsed cryptocurrency empire, with a Manhattan federal judge
saying the infamous risk-taker "made a very bad bet about the likelihood of
getting caught."

Read full article »
<https://www.law360.com/newyork/articles/1818258?nl_pk=ac5a3855-e47c-4403-bee6-ca14f9bcf831&utm_source=newsletter&utm_medium=email&utm_campaign=newyork&utm_content=2024-03-29&read_more=1&nlsidx=0&nlaidx=0>
 | Save to favorites »
<https://www.law360.com/newyork/articles/1818258?nl_pk=ac5a3855-e47c-4403-bee6-ca14f9bcf831&utm_source=newsletter&utm_medium=email&utm_campaign=newyork&utm_content=2024-03-29&read_later=1&nlsidx=0&nlaidx=0>
-------------- next part --------------
A non-text attachment was scrubbed...
Name: not available
Type: text/html
Size: 2124 bytes
Desc: not available
URL: <https://lists.cpunks.org/pipermail/cypherpunks/attachments/20240329/581bc273/attachment.txt>