May 08, 2024 11:46 (IST)
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Fallen 'Crypto King' Samuel Bankman-Fried sentenced to 25 years in prison for FTX fraud

Fallen 'Crypto King' Samuel Bankman-Fried sentenced to 25 years in prison for FTX fraud

Samuel Bankman-Fried, also known as SBF, 32, was sentenced by a US court on Thursday (March 28, 2024) to 25 years in prison, three years of supervised release, and ordered to pay $11 billion in forfeiture for his orchestration of multiple fraudulent schemes.