Home » FTX founder Sam Bankman-Fried has to go to prison for 25 years

FTX founder Sam Bankman-Fried has to go to prison for 25 years

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FTX founder Sam Bankman-Fried has to go to prison for 25 years

Photo dated December 22, 2022 shows FTX founder Sam Bankman-Fried leaving the federal courthouse in New York City, NY, USA. picture alliance / abaca | Guerin Charles/ABACA

Sam Bankman-Fried, former cryptocurrency entrepreneur, was sentenced to 25 years in prison.

The 32-year-old founder of the digital wallet FTX was sentenced by a New York judge, US media reports.

Sam Bankman-Fried was once considered a pioneer in the cryptocurrency industry.

Former crypto entrepreneur Sam Bankman-Fried has been sentenced to 25 years in prison. The responsible New York judge announced this on Thursday, as US media reported from the courtroom.

The lawyers of the 32-year-old founder of the digital wallet FTX have been considering an appeal since the conviction in November.

AA/dpa

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