Sam Bankman-Fried sentenced to 25 years for crypto fraud – newest updates | EUROtoday

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Sam Bankman-Fried has been sentenced to 25 years in prison as the FTX founder and convicted fraudster was accused of an “apparent lack of remorse” and “exceptional flexibility with the truth”.At a sentencing hearing in New York, Judge Lewis Kaplan told the 32-year-old: “The punishment must fit the seriousness of the crime.”