April 20, 2025
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Sam Bankman-Fried, CEO of the bankrupt Crypto Exchange FTX, is going to jail: he won’t be released for decades!

  • November 3, 2023
  • 0

One of the biggest fraud cases in the crypto asset world has been closed. Yes, we are talking about the issue of FTX, which was once one of

Sam Bankman-Fried, CEO of the bankrupt Crypto Exchange FTX, is going to jail: he won’t be released for decades!

One of the biggest fraud cases in the crypto asset world has been closed. Yes, we are talking about the issue of FTX, which was once one of the largest crypto asset exchanges in the world and later went bankrupt. CEO of the bankrupt stock market known as “Emperor” Sam Bankman-Fried, was found guilty of fraud and money laundering charges in the US case. Bankrupt CEO whose crime is confirmed, sentenced to prison.

Our readers close to the industry know; FTX, named after Binance was one of the largest fairs. Investors had no problems with the transactions on the stock exchange, everything went as it should. When we woke up one morning, we saw that this was not the case at all. It turns out that the secret collaboration between FTX and Alameda Research, known as an independent company, has been exposed. FTX then became insolvent and bankrupt. With vain effort running away for months Sam Bankman-Fried was finally caught.

Sam Bankman-Fried will not easily see the light of day

Sam Bankman-Fried

The sentencing of Sam Bankman-Fried, who was found guilty in the US case, has been completed. However, the court currently is has not announced a clear punishment. According to lawyers, the bankrupt CEO will receive a sentence that will last decades. We will inform you again when the last sentence is announced, but the name once known as the Emperor, will not easily see the light of day It resembles.

There is no longer a single irregularity that they have not committed…

Sam Bankman-Fried, who seems cute to crypto asset investors and presents a good image to everyone, is behind the scenes. There is no more. According to the information revealed during the hearings, investors were told lies. In addition, the money in FTX customers’ accounts was used without the customers’ knowledge. Of course, Fried denied all these accusations. The bankrupt CEO, who admits he made mistakes, finds himself in trouble every step of the way. that he has good intentions he defended…

Source: Web Tekno

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