'Crypto King' Sam Bankman-Fried jailed for 25 years I BBC News

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'Crypto King' Sam Bankman-Fried jailed for 25 years I BBC News


Sam Bankman-Fried – also known as SBF – has been sentenced to 25 years in prison for stealing billions of dollars from customers of his cryptocurrency exchange FTX.

The former billionaire CEO faces decades in prison for fraud and conspiracy charges stemming from his role in the collapse of FTX.

Prosecutors say Bankman-Fried took more than…

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52 Comments

  1. I will be forever grateful to you, you changed my whole life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Teresa Elizabeth Clifford.

  2. I hold you in the highest regard, @Regainassetsofficials in the online sphere. Your unwavering commitment to the recovery genre is truly inspiring, my aspirations is to be like you one, in making a difference in recovery and offering support to others, just as you have supported me, sending blessings from Canada and korea, I will continue to forge ahead!!

  3. I hold you in the highest regard, @Regainassetsofficials in the online sphere. Your unwavering commitment to the recovery genre is truly inspiring, my aspirations is to be like you one, in making a difference in recovery and offering support to others, just as you have supported me, sending blessings from Canada and korea, I will continue to forge ahead!!

  4. To obtain financial freedom, one must either be a business owner, an investor or both, generating passive income particularly on a weekly or monthly basis. That’s the key to living financially stable.,.

  5. someone who is as smart as him, u would think he would be hiding in a more secure location where extradiction wouldnt happen in the country he was hiding in. he should have gone to russia or china where the US has no extradition relationship with

  6. Crypto King will never return the millions of pounds to the people now. Where has he hidden that billionaire of money? He leaves jail he is watched for several years. So, no one in the USA tries to get their Avengers because they invest in his company. Some will expert the punishment, while others will want their money back still and others people planning the Avenger. The bigger problem is why the government agency did not stop him soon and check the amount of cash in was having. People expect government agencies to stop bad companies early and not take too much wealth from investing.

  7. Another Jew man found guilty of mega financial crimes. But why they were not stopped earlier?
    Remember Bernie Medof ?
    Another mega financial fraud Jewish guy caught after decades long financial fraud

  8. the money was invested without consent – a bit like the UK governments investing my pension without my consent & then not paying my annual increase because i choose to live in Thailand! The funds are there for everyone to be fully repaid.

  9. Good news is that Bankman-Fried made good on his political donation before regulators could freeze his accounts. Converted a boatload of crypto into cash, got $38 million to Biden-Harris during 2020. It worked. And he will have his sentence commuted once the dust clears and the public is on to the next headline.

  10. He will never do 25 years. He is Jewish so there will be plenty of powerful people who will be helping him behind the scenes to get his sentence reduced on appeal. I imagine it will be reduced to 10 years and he will probably serve half that before getting paroled at a club Fed prison. Then he will be made wealthy by book and film deals.

  11. Even bribing democrats didn't save him. Though the bribes got him just 25 vs 50, so the bribes to felons like Hillary worked.
    And remember, she like SBF is a felon and married to a sexual predator so hero democrats.