According to the TV channel, a New York court sentenced the founder of FTX cryptocurrency exchange Sam Bankman-Fried to 25 years in prison for billions of dollars in fraud. NBC News.
According to journalists, the prosecutor’s office initially asked for a 50-year prison sentence, but the lawyers insisted on a 6.5-year prison sentence.
The defendant himself made a statement in an “apologetic tone” and stated that he made “selfish decisions”.
US Attorney’s Office put forward Formal charges were filed against Sam Bankman-Fried, founder of the bankrupt FTX crypto exchange, in February 2023. He is accused of acts falling within the scope of 12 criminal articles, including fraud and forming a criminal group. Prosecutors said Bankman-Fried conspired with two other former FTX executives to donate tens of millions of dollars to powerful congressmen to pass legislation favorable to the company.
Bankman-Frida last August arrested He is charged with witness tampering. On November 3, a US court recognized him guilty Of fraud and conspiracy.
Formerly founder of FTX launched $250 million bail.