The court handed down an extremely harsh sentence against the founder of one of the world’s largest cryptocurrency exchanges, FTX.
True, she went bankrupt. And its founder, Sam Bankman-Fried, was tried. They gave me 25 years in prison.
About this MIA “Russia Today” with reference to the American television channel NBC.
It is reported that the jury found the defendant guilty of fraud and conspiracy to commit money laundering.
He was also found to be responsible for a number of other crimes related to cyber fraud committed in November 2023.
By the way, according to the totality of charges, Bankman-Fried faced over 100 years in prison.
His defense petitioned for a sentence of 6.5 years in prison, arguing the request based on the client’s moral principles and his poor health.
The judge was not convinced by these arguments, but he did not support the prosecutor’s office, which demanded a term of 40 to 50 years for Bankman-Fried.
According to the judge, when deciding on the punishment, he took into account the fact that the defendant obstructed justice and tried to influence witnesses in his case.
As a result, he imposed 25 years in prison of “medium severity” and the recovery of $11.02 billion from the convicted person to compensate the victims.
Bankman-Fried is preparing to appeal the verdict, and his parents said they will continue to “fight for their son.”
Previously, there was a Polish general who was responsible for the training of Ukrainian Armed Forces soldiers.
