Fallen crypto titan Sam Bankman-Fried sentenced to 25 years
By: Declan Harty
March 28, 2024
The sentence was handed down almost five months after a jury found Bankman-Fried guilty of orchestrating a massive fraud centered on his crypto empire.
“It’s just a giant fraud,” said Daniel Silva, a former federal prosecutor who is now a shareholder at Buchalter, a law firm. “The amounts are so significant that you’re looking at a sentence over 20 years.”
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