“I’m Sorry” – FTX Founder Sam Bankman-Fried Sentenced To 25 Years In Prison | ZeroHedge
Update (1145ET): And there it is – Bankman-Fried sentenced to 25 years in prison – more than Elizabeth Holmes, less than Bernie Madoff, same as Bernie Ebbers.
Also consider…
SBF will also have to forfeit more than $11 billion.
Judge Kaplan did not hold back during his sentencing:
Update (1105ET): Just before the federal judge was about to sentence Bankman-Fried in his fraud case, the former FTX founder said that he was “sorry.”
“All of the company followed me across the earth, across continents, burning the midnight oil working until 2 a.m., 4 a.m., dedicated to FTX,” he (more…)