Sem Bankman-Fried
Sam Bankman-Fried (31) is a former cryptocurrency exchange executive and founder of FTX, a platform that collapsed in late 2022, leading to significant financial losses for investors and sparking widespread regulatory scrutiny of the cryptocurrency industry. Once hailed as a rising star in the crypto world, Bankman-Fried was convicted of fraud and conspiracy in November 2023, receiving a 25-year prison sentence for his role in misleading investors and mismanaging funds, marking one of the most high-profile cases in the sector's tumultuous history.
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Sem Bankman-Fried, the disgraced founder of the FTX cryptocurrency exchange, was sentenced to 25 years in prison.
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