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Sam Bankman-Fried sentenced to 25 years in federal prison

New York (CNN) — Sam Bankman-Fried has been sentenced to 25 years in federal prison for defrauding customers and investors in his failed crypto exchange FTX, a Manhattan court ruled Thursday.

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By
Lauren del Valle
and
Allison Morrow, CNN
CNN — New York (CNN) — Sam Bankman-Fried has been sentenced to 25 years in federal prison for defrauding customers and investors in his failed crypto exchange FTX, a Manhattan court ruled Thursday.

This story is developing and will be updated.

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