Sam Bankman-Fried

Sam Bankman-Fried, founder of the collapsed crypto exchange FTX, faces a potential 40-50 year prison term, according to U.S. prosecutors. They argue this sentence is necessary due to the “historic fraud” committed by Bankman-Fried, who is accused of lying to investors, using fake documents, and illegally funneling money into political campaigns. In a sentencing memo […]