{"id":13931,"date":"2024-03-29T11:38:22","date_gmt":"2024-03-29T10:38:22","guid":{"rendered":"https:\/\/costops.com\/index.php\/2024\/03\/29\/he-knew-it-was-wrong-sam-bankman-fried-sentenced-to-25-years-in-prison-over-ftx-fraud\/"},"modified":"2024-03-29T11:38:22","modified_gmt":"2024-03-29T10:38:22","slug":"he-knew-it-was-wrong-sam-bankman-fried-sentenced-to-25-years-in-prison-over-ftx-fraud","status":"publish","type":"post","link":"http:\/\/costops.com\/index.php\/2024\/03\/29\/he-knew-it-was-wrong-sam-bankman-fried-sentenced-to-25-years-in-prison-over-ftx-fraud\/","title":{"rendered":"\u2018He knew it was wrong\u2019: Sam Bankman-Fried sentenced to 25 years in prison over FTX fraud"},"content":{"rendered":"

Judge orders disgraced crypto mogul to forfeit $11bn in assets and says he showed no remorse for his crimes<\/p>\n

Sam Bankman-Fried, the disgraced cryptocurrency mogul who perpetrated one of the largest financial frauds in history, has been sentenced to 25 years <\/strong>in prison and ordered to forfeit $11bn in assets. His lawyer reiterated a pledge to appeal the sentence the same day.<\/p>\n

The judge, Lewis Kaplan, issued the penalty in a Manhattan courtroom on Thursday. Bankman-Fried, the former chief executive of the now-bankrupt cryptocurrency exchange FTX, was convicted of fraud and conspiracy to launder money<\/a> late last year.<\/p>\n

Continue reading…<\/a>
\nJudge orders disgraced crypto mogul to forfeit $11bn in assets and says he showed no remorse for his crimes
\nSam Bankman-Fried, the disgraced cryptocurrency mogul who perpetrated one of the largest financial frauds in history, has been sentenced to 25 years in prison and ordered to forfeit $11bn in assets. His lawyer reiterated a pledge to appeal the sentence the same day.
\nThe judge, Lewis Kaplan, issued the penalty in a Manhattan courtroom on Thursday. Bankman-Fried, the former chief executive of the now-bankrupt cryptocurrency exchange FTX, was convicted of fraud and conspiracy to launder money late last year. Continue reading…Technology | The Guardian<\/p>\n","protected":false},"excerpt":{"rendered":"

Judge orders disgraced crypto mogul to forfeit $11bn in assets and says he showed no remorse for his crimes Sam Bankman-Fried, the disgraced cryptocurrency mogul who perpetrated one of the largest financial frauds in history, has been sentenced to 25 years in prison and ordered to forfeit $11bn in assets. His lawyer reiterated a pledge …<\/p>\n

\u2018He knew it was wrong\u2019: Sam Bankman-Fried sentenced to 25 years in prison over FTX fraud<\/span> Read More »<\/a><\/p>\n","protected":false},"author":0,"featured_media":13932,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/13931"}],"collection":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/comments?post=13931"}],"version-history":[{"count":0,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/13931\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media\/13932"}],"wp:attachment":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media?parent=13931"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/categories?post=13931"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/tags?post=13931"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}