Sam Bankman Fried Gets Sentenced to Jail for Over 100 Years
Reading Time: 3 min Sam Bankman-Fried, the founder of the collapsed cryptocurrency exchange FTX, is facing eight charges of wire fraud, securities fraud, and money laundering. He is accused of mismanaging customer funds and using them to fund his own businesses and lavish lifestyle. If convicted, Bankman-Fried faces a maximum sentence of 150 years in prison.