FTX and Sam Bankman-Fried: Your Guide to the Crypto Crash
Synopsis by WSJ Nov 25 22
The founder of FTX was the paragon of crypto, then the cautionary tale. This guide will help you ...Read full article 
WSJ: FTX and Sam Bankman-Fried: Your Guide to the Crypto Crash
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| Last Updated | Nov 25 22 |
| Total Articles | 1 |
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American cryptocurrency entrepreneur convicted of fraud (born 1992)
currency primarily managed, stored or exchanged on digital computer systems, especially over the Internet
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Quick Glance: Sam Bankman-Fried's Verdict: 25-Year Prison Term - BBC News
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- The court hearing also included testimonies from customers who lost significant amounts of money, insights into SBF's background, and the reasons behind the collapse of his company FTX.
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Quick Glance: Prosecutors Call for 40 to 50 Years in Prison for Sam Bankman-Fried
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- Prosecutors accuse Bankman-Fried of unmatched greed and hubris, disregarding ethical boundaries and causing financial devastation to many individuals through his relentless pursuit of wealth and power.
- Despite defense requests for leniency and a probation officer's recommendation of 100 years in prison, prosecutors insist that Bankman-Fried should face a significant sentence for his role in perpetrating one of the largest financial frauds in recent history.
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Quick Glance: Bankman-Fried Calls for Lenient Sentence, Cites FTX Fund Recovery
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- The lawyers presented a range of 5-1/4 to 6-1/2 years as an appropriate prison term, far less than the maximum 110 years he faces after a jury found him guilty in November.
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