A quarter of a century: that I will have to spend behind bars Sam Bankman-Fried. The judge, Lewis Kaplan given a sentence of 25 years in prison on seven charges brought against him, one of which was for the theft of a total of around 8 billion dollars by the clients of the platform, which he controlled. The former number one of the ex-change of kriptomonedhave FTX, who is dancing on the November 2022, was arrested on march successor while he was in the Bahamas.
Sam Bankman-Fried sentenced: 25 years in prison
The court of Manhattan, it is responsible for the issue, rejected the argument of the defence that the mashtruarit not lost any money. The defendant was found guilty for the lie in his testimony.
According to the judge, Bankman-Fried is not repented for the crime, which he did; for he knew that he was in the wrong, he knew it was wrong, i'm sorry that he had made a bet on a lot of misconception about the possibility of a seizure, but it will not do so. anything, such as the right of it.
After having filled the 32-year-old on the 6th of march, HBS, he started FTX in may 2019. The exchange could be immediately opened to the cause of the kriptomonedhave, which was growing rapidly at the time. As reported by Reuters, he appeared in the reading of the sentence, i wore the shirt on one of the prison with short sleeve beige. He received the distress caused to the client in the platform and asked the forgiveness of the former companions of his, but was not admitted to any wrongdoing.
There are seven of the charges, to which Sam Bankman-Fried, was held responsible. These include in those documents related to the wire, the plot of criminal and money laundering. A penalty of 25 years in prison, was smaller than it had asked the prosecutor (40 to 50 years of age), but it's much more serious than 6 and a half years, as proposed by the lawyer of his own. It's also going to have to give up the assets that amount to 11 billion dollars, including the properties of it.
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