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The Journal.
25 Years in Prison from “The Trial of Crypto’s Golden Boy”
Mar 29, 2024
Join Caitlin Ostroff and Rachel Humphreys as they dissect the intense trial proceedings of Sam Bankman-Fried, including Judge Kaplan's sentencing remarks and Bankman-Fried's perjury. Explore the aftermath of the case, FTX's bankruptcy, and the enigmatic nature of this crypto saga.
20:03
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Quick takeaways
- Sam Bankman Freed sentenced to 25 years for financial fraud, highlighting consequences of deceptive actions.
- Judge Lewis Kaplan emphasizes Bankman Freed's lack of remorse and calculated decision-making in handing down 25-year prison sentence.
Deep dives
Sam Bankman Freed Sentenced to 25 Years for Financial Fraud
After a lengthy trial process, Sam Bankman Freed has been sentenced to 25 years in prison for his involvement in one of the largest financial fraud cases in US history. Despite his initial goal of using his FTX empire to 'save the world,' Bankman Freed will now spend a significant portion of his life behind bars. Throughout the sentencing, it was clear that his actions, including defrauding investors and lenders, had severe consequences, leading to a substantial prison term and a sizable fine.
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Discover
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Listen to the best highlights from the podcasts you love and dive into the full episode