The founder of the FTX crypto exchange was sentenced to 25 years in prison. 28.03.2024, 19:52

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.

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Source: Gazeta

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