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FTX crypto exchange founder Sam Bankman-Fried set to be sentenced | Morning in America

Posted

March 28, 2024

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Sam Bankman-Fried, founder and former CEO of cryptocurrency exchange FTX, is scheduled for sentencing Thursday on fraud charges stemming from federal investigations and reports of misused customer funds. Prosecutors are requesting Bankman-Fried be sentenced to 40 to 50 years in prison, while defense attorneys are asking for no more than 6 1/2 years.

#cryptocurrency #SamBankmanFried #fraud

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