The Rise & Fall of Sam Bankman-Fried: 25 Years Behind Bars, Is Justice Served?

Sam Bankman-Fried, the founder of the now-defunct cryptocurrency exchange FTX, was sentenced to 25 years in prison on Thursday by US District Judge Lewis Kaplan in New York. The sentence comes after SBF was convicted on seven counts of fraud and conspiracy charges last year, following the dramatic collapse of FTX in November 2022…
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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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