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Sam Bankman-Fried sentenced to 25 years in prison for defrauding FTX

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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 FTX crypto exchange.
He was convicted on all counts after a month-long trial in November.

Al Jazeera’s Kristen Saloomey joins us live from New York to discuss the latest updates.

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#SamBankmanFried #SBF #FTX #SBF_FTX #Fraud #Crypto #CryptoCurrencies
Category
World
Tags
Al Jazeera, Al Jazeera English, FTX and Alameda
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