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Former crypto mogul Sam Bankman-Fried sentenced to 25 years in prison

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The former crypto-currency tycoon Sam Bankman-Fried has been sentenced to 25 years in prison for his role in what's been described as one of the largest financial frauds in history. The 32-year old was found guilty of defrauding customers out of billions of dollars, as the founder of the F-T-X crypto exchange. He was convicted on all counts after a month-long trial in November.

Al Jazeera's Kristen Saloomey has more from New York.

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#Crypto #SamBankmanFried #PrisonSentencing #Cryptocurrency #LegalCase #CryptoMogul #LegalNews #Sentencing
Category
World
Tags
Al Jazeera, Al Jazeera English, Al Jazeera Latest
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