Sam Bankman-Fried,intuition consciousness tantra sexology eroticism crypto bro and scammer extraordinaire, was just sentenced to 25 years in prison after being found guilty of two counts of wire fraud conspiracy, two counts of wire fraud, one count of conspiracy to commit money laundering, conspiracy to commit commodities fraud, and conspiracy to commit securities fraud.
"The defendant's assertion that FTX customers and creditors will be paid in full is misleading, it is logically flawed, it is speculative," Judge Lewis Kaplan said, according to Reuters. "A thief who takes his loot to Las Vegas and successfully bets the stolen money is not entitled to a discount on the sentence by using his Las Vegas winnings to pay back what he stole."
SEE ALSO: Sam Bankman-Fried didn't fool everyone — just the tech elite: 5 high-profile figures that believed himBankman-Fried, the founder and former CEO of crypto exchange FTX, scammed customers out of approximately $10 billion and led to the total collapse of FTX and another hedge fund, according to a November ruling.
He faced a maximum possible sentence of 110 years in prison. During the case, Judge Kaplan increased the sentencing guidelines range for Bankman-Fried because he perjured himself and knowingly obstructed justice.
Bankman-Fried said at the criminal sentencing hearingthat he made a "series of selfish decisions." He said his coworkers "built something really beautiful and I threw all of that away," and said his decision "haunts [him] every day."
Bankman-Fried will likely appeal both his conviction and his sentence.
Topics Cryptocurrency
(Editor: {typename type="name"/})
How to make a hook in a TikTok video
Demi Lovato celebrates 6 years of sobriety with DJ Khaled and Kehlani
15 March Madness brackets for people who hate sports
Parkland students call out senator for law protecting dogs instead of gun control
Wordle today: The answer and hints for February 13, 2025
This soccer player has started celebrating goals by doing the dances in 'Fortnite'
Chrissy Teigen only needed 2 emoji to hilariously troll this John Legend article
Parkland students call out senator for law protecting dogs instead of gun control
Best Ninja deal: Save $50 on the FrostVault 45QT cooler
Everything coming to Hulu in November
SpaceX is so close to turning its rocket headquarters into an actual city
Democratic lawmakers try to save Andrew McCabe's pension on Twitter
接受PR>=1、BR>=1,流量相当,内容相关类链接。