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SambankmanFried
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FTX UPDATE - The Latest Allegations From the Department of Justice In late 2021, an Alameda ~$1 billion account was frozen in China, and SBF paid over $40 million to bribe at least one Chinese official to get the frozen assets back. #Lcademy #SambankmanFried
FTX UPDATE - The Latest Allegations From the Department of Justice

In late 2021, an Alameda ~$1 billion account was frozen in China, and SBF paid over $40 million to bribe at least one Chinese official to get the frozen assets back.

#Lcademy
#SambankmanFried
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🚨With no access to crypto, disgraced FTX founder Sam Bankman-Fried is now trading fish to pay for services in prison‼️ #SambankmanFried #FTX $FTT $SOL $BTC
🚨With no access to crypto, disgraced FTX founder Sam Bankman-Fried is now trading fish to pay for services in prison‼️

#SambankmanFried #FTX $FTT $SOL $BTC
How Can Someone Be Jailed For 115 Years When Avg Is 60-100 Years 🤪 Isn't That Concerning ⁉️ Comment 💭 #SambankmanFried
How Can Someone Be Jailed For 115 Years When Avg Is 60-100 Years 🤪

Isn't That Concerning ⁉️ Comment 💭

#SambankmanFried
Sam Bankman-Fried donated $100 million in stolen customer funds to US politicians.  Today, the US Government announced they're dropping six charges against SBF and will not prosecute him for a political campaign finance violation. #SBF #SambankmanFried
Sam Bankman-Fried donated $100 million in stolen customer funds to US politicians. 

Today, the US Government announced they're dropping six charges against SBF and will not prosecute him for a political campaign finance violation.
#SBF #SambankmanFried
Sam Bankman-Fried officially found guilty on all seven charges.
Sam Bankman-Fried officially found guilty on all seven charges.
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BREAKING: JUDGE SENTENCES SBF TO 25 YEARS IN PRISON Judge Kaplan said “It is the judgment of the court that you are sentenced to 240 months then consecutive 60 [etc] for a total of 300 months [25 years].” #SambankmanFried #SamAltman #sambankman
BREAKING: JUDGE SENTENCES SBF TO 25 YEARS IN PRISON

Judge Kaplan said “It is the judgment of the court that you are sentenced to 240 months then consecutive 60 [etc] for a total of 300 months [25 years].”

#SambankmanFried #SamAltman #sambankman
🚀Top Crypto News on 7th November 2023: 🚀Bitcoin holds above $34,000; Dogecoin, Toncoin jump over 6% Bitcoin held above $34,000 on 7th November 2023, as the broader cryptocurrency market saw a modest uptick. Dogecoin and Toncoin were among the biggest gainers, jumping over 6% each. 🖍️Crypto Price Today: Bitcoin Stays Resilient Above $34,000, Most Altcoins See Gains Bitcoin stayed resilient above $34,000 on 7th November 2023, while most altcoins saw gains. Ethereum was up over 2%, while Litecoin and Ripple were both up over 1%. Giottus Exchange Announces India's First Zero-Fee Crypto Trades for Users: Details Giottus Exchange announced India's first zero-fee crypto trades for users on 7th November 2023. The exchange said that it is offering zero fees on all crypto trades for a limited time period. 🖍️FTX Founder Sam Bankman-Fried Convicted of Multi-Billion Dollar Fraud FTX founder Sam Bankman-Fried was convicted of multi-billion dollar fraud on 7th November 2023. Bankman-Fried was found guilty of defrauding investors and customers of FTX. Other Notable Crypto News on 7th November 2023: Club Mahindra Launches Its First Ever NFT Series ☔Indian hospitality chain Club Mahindra launched its first ever NFT series on 7th November 2023. The series features NFTs of digital artworks created by Indian artists. SIT Conducts Searches, Arrests Another Accused in Himachal Pradesh Cryptocurrency Scam 😶‍🌫️The Special Investigation Team (SIT) of Himachal Pradesh Police conducted searches and arrested another accused in a cryptocurrency scam on 7th November 2023. The scam involved over 10,000 investors and amounted to over ₹100 crore. Overall, the crypto market was mixed on 7th November 2023, with some cryptocurrencies seeing gains and others seeing losses. The news of FTX founder Sam Bankman-Fried being convicted of multi-billion dollar fraud had a negative impact on the market, but Bitcoin was able to hold above $34,000. #BTC
🚀Top Crypto News on 7th November 2023:

🚀Bitcoin holds above $34,000; Dogecoin, Toncoin jump over 6%
Bitcoin held above $34,000 on 7th November 2023, as the broader cryptocurrency market saw a modest uptick. Dogecoin and Toncoin were among the biggest gainers, jumping over 6% each.

🖍️Crypto Price Today:
Bitcoin Stays Resilient Above $34,000, Most Altcoins See Gains
Bitcoin stayed resilient above $34,000 on 7th November 2023, while most altcoins saw gains. Ethereum was up over 2%, while Litecoin and Ripple were both up over 1%.
Giottus Exchange Announces India's First Zero-Fee Crypto Trades for Users: Details
Giottus Exchange announced India's first zero-fee crypto trades for users on 7th November 2023. The exchange said that it is offering zero fees on all crypto trades for a limited time period.

🖍️FTX Founder Sam Bankman-Fried Convicted of Multi-Billion Dollar Fraud
FTX founder Sam Bankman-Fried was convicted of multi-billion dollar fraud on 7th November 2023. Bankman-Fried was found guilty of defrauding investors and customers of FTX.

Other Notable Crypto News on 7th November 2023:
Club Mahindra Launches Its First Ever NFT Series

☔Indian hospitality chain Club Mahindra launched its first ever NFT series on 7th November 2023. The series features NFTs of digital artworks created by Indian artists.
SIT Conducts Searches, Arrests Another Accused in Himachal Pradesh Cryptocurrency Scam

😶‍🌫️The Special Investigation Team (SIT) of Himachal Pradesh Police conducted searches and arrested another accused in a cryptocurrency scam on 7th November 2023. The scam involved over 10,000 investors and amounted to over ₹100 crore.

Overall, the crypto market was mixed on 7th November 2023, with some cryptocurrencies seeing gains and others seeing losses. The news of FTX founder Sam Bankman-Fried being convicted of multi-billion dollar fraud had a negative impact on the market, but Bitcoin was able to hold above $34,000.

#BTC
🚀🚀🚀 #Solana ($SOL) Could Surge 40% From Current Levels, Says Crypto Strategist Who Predicted Bitcoin’s 2018 Bottom A renowned #cryptocurrency strategist, known for accurately predicting the 2018 bear market bottom, has recently shared a bullish outlook for the smart contract platform Solana ($SOL). The analyst, Bluntz Capital, who commands a following of over 230,000 on the microblogging platform X (formerly Twitter), believes that Solana's price could surge by more than 40%, surpassing the $140 mark. In a recent post, Bluntz Capital pointed out that Solana's current downtrend has been tested extensively and appears to be entering a bullish phase. According to the analyst, the clear three-wave move down from the highs looks corrective, and the past two weeks seem to have formed an accumulation phase. Solana, which experienced a notable recovery from the fallout of the #FTX cryptocurrency exchange collapse, has been gaining traction in its ecosystem. Despite challenges associated with FTX's founder, #SambankmanFried , being found guilty of wire fraud and money laundering, Solana's ecosystem has seen increased adoption. The Saga smartphone, tied to Solana, recently sold out after a lucrative 30 million BONK token airdrop for each new owner. Using Elliott Wave theory, which analyzes recurring wave patterns based on the psychology of market participants, Bluntz Capital suggests that Solana has completed a wave-two corrective phase and is poised for a third wave rally. The analyst accurately predicted the end of the 2018 bear market, forecasting Bitcoin's price to reach $3,200, a target that was achieved in December of that year. Solana has seen significant growth, with its price surging over 320% in the past year and over 30% in the last 30 days, despite a recent 4% dip amid a broader crypto market sell-off. Source - cryptoglobe.com #BinanceSquare $SOL
🚀🚀🚀 #Solana ($SOL ) Could Surge 40% From Current Levels, Says Crypto Strategist Who Predicted Bitcoin’s 2018 Bottom

A renowned #cryptocurrency strategist, known for accurately predicting the 2018 bear market bottom, has recently shared a bullish outlook for the smart contract platform Solana ($SOL ). The analyst, Bluntz Capital, who commands a following of over 230,000 on the microblogging platform X (formerly Twitter), believes that Solana's price could surge by more than 40%, surpassing the $140 mark.

In a recent post, Bluntz Capital pointed out that Solana's current downtrend has been tested extensively and appears to be entering a bullish phase. According to the analyst, the clear three-wave move down from the highs looks corrective, and the past two weeks seem to have formed an accumulation phase.

Solana, which experienced a notable recovery from the fallout of the #FTX cryptocurrency exchange collapse, has been gaining traction in its ecosystem. Despite challenges associated with FTX's founder, #SambankmanFried , being found guilty of wire fraud and money laundering, Solana's ecosystem has seen increased adoption. The Saga smartphone, tied to Solana, recently sold out after a lucrative 30 million BONK token airdrop for each new owner.

Using Elliott Wave theory, which analyzes recurring wave patterns based on the psychology of market participants, Bluntz Capital suggests that Solana has completed a wave-two corrective phase and is poised for a third wave rally. The analyst accurately predicted the end of the 2018 bear market, forecasting Bitcoin's price to reach $3,200, a target that was achieved in December of that year. Solana has seen significant growth, with its price surging over 320% in the past year and over 30% in the last 30 days, despite a recent 4% dip amid a broader crypto market sell-off.

Source - cryptoglobe.com

#BinanceSquare $SOL
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Ripple's legal team says the SEC is losing Ripple's legal team recently revealed that the SEC is facing difficulties.#StuartAlderotti, head of the legal team, stated in a tweet that the SEC is being criticized by judges due to its shady behavior. Furthermore, #Alderotti mentioned that within the US government, #SEC is also the target of criticism for hiding information about its meetings with #SambankmanFried before the collapse of #FTX. . It is important to remember that the United States Congress requested #GaryGensler , chairman of the SEC, all information about these meetings, but the SEC did not provide all the information requested. In short, according to Stuart Alderotti, the SEC is not only losing in court, but it is also damaging its reputation as an institution. $XRP
Ripple's legal team says the SEC is losing

Ripple's legal team recently revealed that the SEC is facing difficulties.#StuartAlderotti, head of the legal team, stated in a tweet that the SEC is being criticized by judges due to its shady behavior.

Furthermore, #Alderotti mentioned that within the US government, #SEC is also the target of criticism for hiding information about its meetings with #SambankmanFried before the collapse of #FTX. . It is important to remember that the United States Congress requested #GaryGensler , chairman of the SEC, all information about these meetings, but the SEC did not provide all the information requested.

In short, according to Stuart Alderotti, the SEC is not only losing in court, but it is also damaging its reputation as an institution. $XRP
🚨 JUST IN: FTX founder Sam Bankman-Fried has been sentenced to 25 years in prison Ross Ulbricht got a 2 life sentences for creating a free market place. And Julian Assange is facing 175 years for exposing war criminals That's what happens when you donate millions to politicians! I doubt he will even serve the full 25 years. Absolute corruption. Sam Bankman-Fried won't do the full 25 years. Mark my words. Follow for more. thanks #ftx #SamBankman-Fried #sbf #SambankmanFried #realmabbaskhan $FTT
🚨 JUST IN: FTX founder Sam Bankman-Fried has been sentenced to 25 years in prison

Ross Ulbricht got a 2 life sentences for creating a free market place.

And Julian Assange is facing 175 years for exposing war criminals

That's what happens when you donate millions to politicians!

I doubt he will even serve the full 25 years.

Absolute corruption.

Sam Bankman-Fried won't do the full 25 years.

Mark my words.

Follow for more. thanks
#ftx #SamBankman-Fried #sbf #SambankmanFried #realmabbaskhan
$FTT
🚨 Sam Bankman-Fried's Parents Seek Dismissal of 'Threadbare' FTX Lawsuit⚖️ Joseph Bankman and Barbara Fried, parents of former FTX CEO Sam Bankman-Fried, are pushing to dismiss the cryptocurrency exchange's lawsuit against them. 📉 In a recent filing, their lawyers argued the lawsuit is "threadbare" and solely based on the fact that their son was involved with FTX. Let's delve into the legal tussle. 1. Lawsuit Overview: FTX Estate Seeks Millions in Damages In September 2023, FTX's estate filed a lawsuit aiming to recover "millions of dollars in fraudulently transferred and misappropriated funds." Allegedly, the funds were taken by the couple, and damages were sought for breaches of fiduciary duties and other misconduct. 2. Defense Argument: No Executive Role, No Breach of Duty Bankman and Fried's legal defense emphasizes that neither of them held an executive role at FTX, debunking claims of fiduciary duty breaches. They argue the lawsuit is unfounded, lacking specific facts to demonstrate their knowledge of any alleged misconduct. 3. Counterargument: Knowledge Requirement The defense asserts the need for the estate to prove "actual knowledge" of actions leading to a breach of fiduciary duty, challenging the lawsuit's reliance on a "knew or should have known" premise. 🗣️ Quotes from the Filing: "Neither Defendant ever held an executive role of any sort.""The $10 million gift came directly from Mr. Bankman-Fried’s personal account." 4. Unraveling the Complexities: Bankman's Informal Role While Bankman had no formal role, a September 2023 Bloomberg article revealed his attendance at meetings discussing tax issues and FTT token development. The defense contends that informal involvement doesn't translate to fiduciary duty. ⚖️ In Legal Limelight: FTX Estate vs. Bankman-Fried's Parents 🌐 Stay Informed, Stay Involved: Follow The Blockopedia for Real-time Updates! 📰💼 #Sambankman #SambankmanFried #SamAltman #cryptocurrency #crypto2024
🚨 Sam Bankman-Fried's Parents Seek Dismissal of 'Threadbare' FTX Lawsuit⚖️

Joseph Bankman and Barbara Fried, parents of former FTX CEO Sam Bankman-Fried, are pushing to dismiss the cryptocurrency exchange's lawsuit against them. 📉 In a recent filing, their lawyers argued the lawsuit is "threadbare" and solely based on the fact that their son was involved with FTX. Let's delve into the legal tussle.

1. Lawsuit Overview: FTX Estate Seeks Millions in Damages

In September 2023, FTX's estate filed a lawsuit aiming to recover "millions of dollars in fraudulently transferred and misappropriated funds." Allegedly, the funds were taken by the couple, and damages were sought for breaches of fiduciary duties and other misconduct.

2. Defense Argument: No Executive Role, No Breach of Duty

Bankman and Fried's legal defense emphasizes that neither of them held an executive role at FTX, debunking claims of fiduciary duty breaches. They argue the lawsuit is unfounded, lacking specific facts to demonstrate their knowledge of any alleged misconduct.

3. Counterargument: Knowledge Requirement

The defense asserts the need for the estate to prove "actual knowledge" of actions leading to a breach of fiduciary duty, challenging the lawsuit's reliance on a "knew or should have known" premise.

🗣️ Quotes from the Filing:

"Neither Defendant ever held an executive role of any sort.""The $10 million gift came directly from Mr. Bankman-Fried’s personal account."

4. Unraveling the Complexities: Bankman's Informal Role

While Bankman had no formal role, a September 2023 Bloomberg article revealed his attendance at meetings discussing tax issues and FTT token development. The defense contends that informal involvement doesn't translate to fiduciary duty.

⚖️ In Legal Limelight: FTX Estate vs. Bankman-Fried's Parents

🌐 Stay Informed, Stay Involved: Follow The Blockopedia for Real-time Updates! 📰💼

#Sambankman #SambankmanFried #SamAltman #cryptocurrency #crypto2024
Sam Bankman-Fried Receives 25-Year Prison Sentence for Fraud and ConspiracyOn Thursday, a federal judge handed down a 25-year prison sentence to Sam Bankman-Fried, who served as the former CEO of FTX. The judge cited Bankman-Fried’s “apparent lack of remorse,” his tendency to be “exceptionally flexible with the truth,” and the audacity of his fraudulent actions. US District Court Judge Lewis Kaplan sentenced Sam Bankman-Fried five months after a federal jury found him guilty on seven counts of fraud and conspiracy related to the collapse of FTX in November 2022. Rise of FTX as a Major Crypto Exchange At one point, FTX emerged as the world’s second-largest cryptocurrency exchange following Binance. Bolstered by prominent venture capitalist backers like Sequoia Capital, FTX boasted an impressive valuation of $32 billion in the early months of 2022. Sam Bankman-Fried, currently 32 years old, actively sought endorsements from celebrity figures such as NFL superstar quarterback Tom Brady. He strategically promoted the FTX brand by securing naming rights for sports arenas and investing in high-profile advertising slots during events like the Super Bowl. Sam Bankman-Fried: The Crypto Genius Sam Bankman-Fried, hailed as a crypto wunderkind, forged connections with Wall Street elites like hedge fund manager Anthony Scaramucci. Additionally, he made substantial contributions to members of Congress and political action committees, leveraging his financial resources to gain influence in Capitol Hill circles. Bankman-Fried’s prestigious background, with parents who were esteemed law professors at Stanford, added to his aura of influence and credibility. Bankman-Fried’s rise to prominence positioned him as the face of the dynamic crypto industry for both finance and political circles. Despite his unconventional appearance, characterized by casual attire like wrinkled T-shirts and cargo shorts, he projected an image of a brilliant entrepreneur capable of generating vast wealth through complex financial strategies. However, prosecutors led by Assistant US Attorney Danielle Sassoon presented a damning case against Bankman-Fried. They portrayed him as a fraudster who engaged in deceptive practices to defraud investors. Allegations included commingling deposits, arbitrary fund transfers, and non-compliance with US regulations due to his companies’ offshore domiciles in Hong Kong and later the Bahamas. Sam Bankman-Fried’s Downfall: Testimony Reveals Fraudulent Practices Former colleagues of Sam Bankman-Fried, including Caroline Ellison, testified in court that Bankman-Fried redirected billions of dollars from FTX deposits to his investment fund, Alameda Research, in order to offset losses incurred in 2022. They painted a picture of Bankman-Fried as a hands-on manager deeply involved in the day-to-day operations of both FTX and Alameda, using backdoors to manipulate financial records. Bankman-Fried’s credibility took a hit when he took the stand himself, as he struggled to recall important details about his roles at FTX and Alameda. His frequent “cannot recall” responses to prosecutors became a subject of mockery among courtroom observers. Following a swift deliberation, the jury convicted Bankman-Fried of his crimes, leading to a 25-year prison sentence. ⚠️Disclaimer This content aims to enrich readers with information. Always conduct independent research and use discretionary funds before investing. All buying, selling, and crypto asset investment activities are the responsibility of the reader. #FTX #SambankmanFried

Sam Bankman-Fried Receives 25-Year Prison Sentence for Fraud and Conspiracy

On Thursday, a federal judge handed down a 25-year prison sentence to Sam Bankman-Fried, who served as the former CEO of FTX. The judge cited Bankman-Fried’s “apparent lack of remorse,” his tendency to be “exceptionally flexible with the truth,” and the audacity of his fraudulent actions.
US District Court Judge Lewis Kaplan sentenced Sam Bankman-Fried five months after a federal jury found him guilty on seven counts of fraud and conspiracy related to the collapse of FTX in November 2022.
Rise of FTX as a Major Crypto Exchange
At one point, FTX emerged as the world’s second-largest cryptocurrency exchange following Binance. Bolstered by prominent venture capitalist backers like Sequoia Capital, FTX boasted an impressive valuation of $32 billion in the early months of 2022.
Sam Bankman-Fried, currently 32 years old, actively sought endorsements from celebrity figures such as NFL superstar quarterback Tom Brady. He strategically promoted the FTX brand by securing naming rights for sports arenas and investing in high-profile advertising slots during events like the Super Bowl.
Sam Bankman-Fried: The Crypto Genius
Sam Bankman-Fried, hailed as a crypto wunderkind, forged connections with Wall Street elites like hedge fund manager Anthony Scaramucci. Additionally, he made substantial contributions to members of Congress and political action committees, leveraging his financial resources to gain influence in Capitol Hill circles. Bankman-Fried’s prestigious background, with parents who were esteemed law professors at Stanford, added to his aura of influence and credibility.
Bankman-Fried’s rise to prominence positioned him as the face of the dynamic crypto industry for both finance and political circles. Despite his unconventional appearance, characterized by casual attire like wrinkled T-shirts and cargo shorts, he projected an image of a brilliant entrepreneur capable of generating vast wealth through complex financial strategies.
However, prosecutors led by Assistant US Attorney Danielle Sassoon presented a damning case against Bankman-Fried. They portrayed him as a fraudster who engaged in deceptive practices to defraud investors. Allegations included commingling deposits, arbitrary fund transfers, and non-compliance with US regulations due to his companies’ offshore domiciles in Hong Kong and later the Bahamas.
Sam Bankman-Fried’s Downfall: Testimony Reveals Fraudulent Practices
Former colleagues of Sam Bankman-Fried, including Caroline Ellison, testified in court that Bankman-Fried redirected billions of dollars from FTX deposits to his investment fund, Alameda Research, in order to offset losses incurred in 2022. They painted a picture of Bankman-Fried as a hands-on manager deeply involved in the day-to-day operations of both FTX and Alameda, using backdoors to manipulate financial records.
Bankman-Fried’s credibility took a hit when he took the stand himself, as he struggled to recall important details about his roles at FTX and Alameda. His frequent “cannot recall” responses to prosecutors became a subject of mockery among courtroom observers.
Following a swift deliberation, the jury convicted Bankman-Fried of his crimes, leading to a 25-year prison sentence.
⚠️Disclaimer
This content aims to enrich readers with information. Always conduct independent research and use discretionary funds before investing. All buying, selling, and crypto asset investment activities are the responsibility of the reader.
#FTX #SambankmanFried
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I have heard $MATIC is developed by an Indian. Anyways my analysis is that, matic has stayed below $1 for quite a while and they have neither stopped nor shutdown their development. Rather in this bear market and during the $SOL scam by #SambankmanFried they brought the top project DeGods-Yoots to build on their chain which is absolutely bullish for the ecosystem. I personally bet on projects which don't stop during a bear market. Instead I have seen millions of projects going dead. Nothing is financial advice in this post, do what you feel is right, and destiny will take you wherever you belong.
I have heard $MATIC is developed by an Indian.

Anyways my analysis is that, matic has stayed below $1 for quite a while and they have neither stopped nor shutdown their development.

Rather in this bear market and during the $SOL scam by #SambankmanFried they brought the top project DeGods-Yoots to build on their chain which is absolutely bullish for the ecosystem.

I personally bet on projects which don't stop during a bear market.
Instead I have seen millions of projects going dead.

Nothing is financial advice in this post, do what you feel is right, and destiny will take you wherever you belong.
**FTX Token Surges 20% Following Rumors of Sam Bankman-Fried’s Early Release** Reports suggest that Sam Bankman-Fried (SBF), the co-founder of the collapsed FTX crypto exchange, may be released from prison on September 15, 2024. SBF, who was sentenced to 25 years in March 2024 for misusing customer funds and other charges, has been at the center of one of the most significant scandals in the crypto industry. While these reports are circulating on social media, major news outlets have yet to confirm them, and some crypto enthusiasts are skeptical about the validity of the information. The FTX Token (FTT), which had been deemed largely worthless following the exchange’s bankruptcy and the leadership’s decision not to support it, has seen a notable price increase. The token's value surged by 2% recently and has risen by 16.76% over the past week. #FTX #SambankmanFried #CryptoMarketMoves
**FTX Token Surges 20% Following Rumors of Sam Bankman-Fried’s Early Release**

Reports suggest that Sam Bankman-Fried (SBF), the co-founder of the collapsed FTX crypto exchange, may be released from prison on September 15, 2024. SBF, who was sentenced to 25 years in March 2024 for misusing customer funds and other charges, has been at the center of one of the most significant scandals in the crypto industry.

While these reports are circulating on social media, major news outlets have yet to confirm them, and some crypto enthusiasts are skeptical about the validity of the information. The FTX Token (FTT), which had been deemed largely worthless following the exchange’s bankruptcy and the leadership’s decision not to support it, has seen a notable price increase. The token's value surged by 2% recently and has risen by 16.76% over the past week.

#FTX #SambankmanFried #CryptoMarketMoves
"FTX founder Sam Bankman-Fried Punishment and Fine":🫣 KEY POINTS🔥🔥 🔴 FTX founder Sam Bankman-Fried was sentenced to 25 years in prison for the securities fraud conspiracy that doomed his cryptocurrency exchange and a related hedge fund, Alameda Research. 🟠 Bankman-Fried also was ordered to pay $11 billion in forfeiture at the sentencing in Manhattan federal court. 🔵 "There is a risk that this man will be in position to do something very bad in the future," Judge Lewis Kaplan said. #SamBankman-Fried #sbf #Ftx❓ #write2earn #SambankmanFried
"FTX founder Sam Bankman-Fried Punishment and Fine":🫣
KEY POINTS🔥🔥
🔴 FTX founder Sam Bankman-Fried was sentenced to 25 years in prison for the securities fraud conspiracy that doomed his cryptocurrency exchange and a related hedge fund, Alameda Research.
🟠 Bankman-Fried also was ordered to pay $11 billion in forfeiture at the sentencing in Manhattan federal court.
🔵 "There is a risk that this man will be in position to do something very bad in the future," Judge Lewis Kaplan said.
#SamBankman-Fried #sbf #Ftx❓ #write2earn #SambankmanFried
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LIVE: Sam Bankman-Fried gets sentenced to 25 years in prison in FTX case 🤯 Former FTX CEO Sam Bankman-Fried will be sentenced to 25 years in prison, a New York judge decided on Thursday, according to Inner City Press. Bankman-Fried declined to have his conditions read. His lawyer, Marc Mukasey, said they planned to file language on which facility he would be designated to, according to reporting from Inner City Press. #SamBankman-Fried #SambankmanFried #CryptoNews🚀🔥
LIVE: Sam Bankman-Fried gets sentenced to 25 years in prison in FTX case 🤯

Former FTX CEO Sam Bankman-Fried will be sentenced to 25 years in prison, a New York judge decided on Thursday, according to Inner City Press.

Bankman-Fried declined to have his conditions read. His lawyer, Marc Mukasey, said they planned to file language on which facility he would be designated to, according to reporting from Inner City Press.

#SamBankman-Fried #SambankmanFried #CryptoNews🚀🔥
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