Bankman-Fried Gets 25 Years For 'Very Bad Bet' Of FTX Fraud
Bankman-Fried Gets 25 Years For 'Very Bad Bet' Of FTX Fraud <https://www.law360.com/newyork/articles/1818258?nl_pk=ac5a3855-e47c-4403-bee6-ca14f9bcf831&utm_source=newsletter&utm_medium=email&utm_campaign=newyork&utm_content=2024-03-29&read_main=1&nlsidx=0&nlaidx=0> By Rachel Scharf and Pete Brush FTX founder Sam Bankman-Fried was sentenced Thursday to 25 years in prison for stealing more than $11 billion from customers, investors and lenders of his now-collapsed cryptocurrency empire, with a Manhattan federal judge saying the infamous risk-taker "made a very bad bet about the likelihood of getting caught." Read full article » <https://www.law360.com/newyork/articles/1818258?nl_pk=ac5a3855-e47c-4403-bee6-ca14f9bcf831&utm_source=newsletter&utm_medium=email&utm_campaign=newyork&utm_content=2024-03-29&read_more=1&nlsidx=0&nlaidx=0> | Save to favorites » <https://www.law360.com/newyork/articles/1818258?nl_pk=ac5a3855-e47c-4403-bee6-ca14f9bcf831&utm_source=newsletter&utm_medium=email&utm_campaign=newyork&utm_content=2024-03-29&read_later=1&nlsidx=0&nlaidx=0>
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Gunnar Larson