Is the Sam Bankman-Fried Story Over?

Is the Sam Bankman-Fried Story Over?

“He spent his customers’ money and he lied to them about it. Where did the money go? The money went to pay for investments, to repay loans, to cover expenses, to purchase property, and to make political donations,” Roos said last year. During the sentencing hearing, he went further, saying, …

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Sam Bankman-Fried Sentenced to 25 Years in Prison

Sam Bankman-Fried Sentenced to 25 Years in Prison

Defense lawyers argued, on the other hand, that Bankman-Fried didn’t intend to defraud customers, had shown remorse and had attempted to resolve FTX’s bankruptcy after it began, saying the DOJ’s proposal was extreme. Their supporting letters spoke more to Bankman-Fried as a person than to FTX and its collapse, with …

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