crime

Judge Tears Into Sam Bankman-Fried, Hits Him with Massive Prison Sentence

Sam Bankman-Fried, colloquially known by his initials SBF, characterized by a Manhattan judge as a power-driven fraudster lacking remorse, received a 25-year prison term on Thursday for embezzling over $8 billion from FTX customers, his defunct cryptocurrency exchange. Judge Lewis Kaplan tore into the 32-year-old MIT graduate for masquerading as a proponent of cryptocurrency regulation, […]