Sam Bankman-Fried was ordered to forfeit more than $11 billion, and sentenced to 25 years in prison for defrauding customers and investors in the crypto exchange FTX. The sentencing hearing of Sam Bankman-Fried took place at the Manhattan Federal Court. Presiding over the hearing, Judge Lewis Kaplan declared that the former billionaire had committed perjury during his testimony trial.
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Darshan Baid /
10:32 pm on
28 Mar