Why did Sam-Bankman Fried get 25 years in prison? How much will he actually serve?

Source: firstpost.com firstpost.com

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Sam Bankman-Fried was sentenced to 25 years in prison for a massive fraud that unravelled with the collapse of FTX, once one of the world’s most popular cryptocurrency platforms. He was found to have stolen billions from customers and investors FTX founder Sam Bankman-Fried, charged with a host of financial crimes, was sentenced to 25 years in prison on Thursday (28 March). File image/AP Until a few years ago, FTX stood as a beacon of trust in the crypto world, with Sam Bankman-Fried at its helm. He was the industry’s golden boy. Launched in 2019, FTX positioned itself as a...