The founder and former CEO of FTX, a now-bankrupt cryptocurrency exchange, has been sentenced to 25 years in prison for orchestrating a massive financial fraud. Sam Bankman-Fried, aged 32, faced charges of fraud and conspiracy, resulting in one of the largest financial frauds in history, costing customers, investors, and lenders an estimated $10 billion. Background … Continue reading Ex-CEO of TSM and Sponsor of the LCS FTX is Sentenced to 25 Years of Prison