Sam Bankman-Fried (SBF), found guilty of seven counts of financial conspiracy and fraud, has been sentenced to 25 years in prison by Judge Lewis Kaplan.
Following the astonishingly fast collapse last year of FTX, a $32 billion crypto currency company, the prosecuting attorney called this “one of the biggest frauds in American history."
In a few days last year, SBF, as he is known, went from being one of America's richest people with an estimated worth of tens of billions of dollars to ground zero.
Please select this link to read the complete blog post from John Millen.