April 19, 2024 2:12 am

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Sam Bankman-Fried sentenced 25 years in multi-billion-dollar fraud scheme

Bankman-Fried

NEW YORK—Samuel Bankman-Fried, also known as SBF, 32, of Stanford, California, was sentenced today, March 28, to 25 years in prison, three years of supervised release, and ordered to pay $11 billion in forfeiture for his orchestration of multiple fraudulent schemes. Bankman-Fried faced up to 110 years but the DOJ requested a sentence between 40 […]

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