HomeBusinessSam Bankman Freud sentenced to 25 years in prison for cryptocurrency fraud

Sam Bankman Freud sentenced to 25 years in prison for cryptocurrency fraud

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New York (Daily Pakistan Online) An American court has sentenced Sam Bankman Freud to 25 years in prison in the cryptocurrency fraud scandal.

Sam Bankmanfried, 32, the former CEO of bankrupt cryptocurrency exchange FTX, was found guilty on all seven charges in New York federal court in Manhattan after a month-long trial. Sam Bankman Freud was arrested in the Bahamas. in December and extradited to the United States.

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