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DARK SECRETS: 7 | Rare Historical Photos

Fallen Crypto Tycoon Sam Bankman-Fried Gets 25-Year Sentence

US District Judge Lewis Kaplan said the defendant, who became known by his initials "SBF," had shown no "real remorse," even in his final pre-sentencing remarks in which the former billionaire rued "a series of bad decisions" but did not acknowledge knowingly violating financial laws.

International Business Times

Morning Digest | Jailed gangster-turned-politician Mukhtar Ansari dies; pre-poll spending spike lifts fiscal deficit to 86.5% by February, and more

The Hindu Morning Digest gives a select list of stories to start the day. Read the top news today on March 29, 2024.

The Hindu

FTX Co-Founder Sam Bankman-Fried Gets 25 Years For Fraud

He was convicted of charges including wire fraud, conspiracy to commit money laundering, and using customer funds for personal expenses such as real estate and political donations.

International Business Times

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Inside the sentencing hearing of FTX founder Sam Bankman-Fried

The disgraced mogul will likely be behind bars for decades.

Axios

Furious judge sentences SBF to 25 years

"He knew it was wrong. He knew it was criminal," Judge Lewis Kaplan said of the convicted crypto fraudster

Salon

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

Bankman-Fried, 32, sentenced for fraud on customers of the FTX cryptocurrency exchange he founded.

Al Jazeera

Bankman-Fried Sentenced To 25 Years For Financial Crimes

Judge Kaplan sentences Bankman-Fried to 25 years in prison for financial crimes, highlighting lack of remorse and risk of reoffending.

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Sam Bankman-Fried sentenced to 25 years in prison after FTX collapse

“There is a risk that this man will be in a position to do something very bad in the future,” the judge said

Evening Standard

FTX timeline: Behind crypto mogul SBF's meteoric rise and fall

U.S. prosecutors are seeking 40 to 50 years in prison for Bankman-Fried.

Axios

Sam Bankman-Fried is going to prison. The crypto industry isn’t any better for it

There have been no changes since the ex-mogul’s conviction as lawmakers fail to pass regulations to protect the public

The Guardian - US

‘He knew it was wrong’: Sam Bankman-Fried sentenced to 25 years in prison over FTX fraud

Judge orders disgraced crypto mogul to forfeit $11bn in assets and says he showed no remorse for his crimes

The Guardian - US

Timeline Of Events: FTX Founder's Conviction

Explore the timeline leading to FTX founder Sam Bankman-Fried's conviction for financial fraud and insider trading, highlighting the importance of transpar...

Top News

Sam Bankman-Fried will appeal his 25-year sentence – as it happened

Sentence for former CEO of now-bankrupt FTX cryptocurrency exchange is lower than the 40-50 years prosecutors asked for

The Guardian - US

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

The sentence marks a stunning fall for the 32-year-old former crypto executive who was once seen as the future of finance.

WEKU

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The Guardian - UK

Sam Bankman-Fried will grow old in jail. But don’t forget those who basked in his orbit

If the high-rollers surrounding the disgraced FTX founder had any qualms about taking his money, they didn’t show it, says the Guardian columnist Aditya Chakrabortty

Top News

Former Crypto Mogul Faces Potential Decades In Prison

Former crypto mogul Sam Bankman-Fried faces sentencing for fraud and conspiracy in FTX collapse, with contrasting prison term recommendations.

International Business Times

Crypto Fraudster Bankman-Fried Faces Sentencing

Disgraced cryptocurrency wunderkind Sam Bankman-Fried is set to be sentenced Thursday following his conviction in one of the biggest financial fraud cases in history.

The Guardian - US

‘Old-fashioned embezzlement’: where did all of FTX’s money go?

Sam Bankman-Fried oversaw its collapse – now the crypto firm is in bankruptcy proceedings as contentious as his fraud trial

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The Guardian - US

Sam Bankman-Fried to be sentenced for multibillion-dollar fraud this week

Former FTX CEO faces up to 100 years in prison should the judge hand out the harshest penalty

The Guardian - US

The rise and fall of Sam Bankman-Fried: an unrepentant ex-mogul faces down decades in prison

The former CEO of FTX, once a king of cryptocurrency, saw a swift reversal of his fortunes starting in November 2022

International Business Times

New FTX CEO Slams SBF's 'Nonexistent' Remorse In Scathing Victim Impact Statement

John Ray III, FTX's CEO who took over after the crypto giant's implosion, submitted a scathing victim impact statement on behalf of FTX investors who lost millions in the multi-billion-dollar scheme "designed" to enshrine Sam Bankman-Fried as the crypto king.

Top News

FTX CEO Accuses Bankman-Fried Of Delusion And Harm

Cryptocurrency CEO criticizes founder's actions and lack of accountability ahead of sentencing.

Top News

FTX Founder Sam Bankman-Fried Defended Against 'Super-Villain' Allegations

FTX founder Sam Bankman-Fried's legal team disputes 'super-villain' label, highlighting his compliance and contributions to the financial sector amidst ong...

International Business Times

Prosecutors Urge 40-50 Years For Crypto Fraudster Bankman-Fried

US prosecutors have requested that a court sentence disgraced crypto mogul Sam Bankman-Fried to between 40 and 50 years imprisonment for massive fraud that cost customers $8 billion, court documents showed Friday.

The Guardian - US

Sam Bankman-Fried deserves 40 to 50 years for FTX fraud, prosecutors say

Manhattan prosecutors condemn former FTX chief’s ‘unmatched greed and hubris’ and seek long sentence for $8bn fraud conviction

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