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Sam Bankman-Fried is sentenced to 25 years in prison for FTX collapse: ‘My useful life is probably over’

Sam Bankman-Fried, the disgraced cryptocurrency executive who was convicted of fraud in the spectacular collapse of the crypto exchange FTX, was sentenced to 25 years in prison on Thursday. The sentence, handed down by a federal judge in New York, capped an incredible fall from grace for a young financier who was once…Read more…
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"The only truly secure system is one that is powered off, cast in a block of concrete and sealed in a lead-lined room with armed guards." — Gene Spafford

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