July 19, 2024 2:44 pm

The premier news source for Snohomish County

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


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 […]

Join Our Mailing List

Verified by MonsterInsights