- Bankman-Fried sentenced to 25 years for multi-billion dollar FTX fraud
REUTERS/Jane Rosenberg Sam Bankman-Fried was sentenced to 25 years in prison by a judge on Thursday for stealing $8 billion from customers of the now-bankrupt FTX cryptocurrency exchange he founded, the last step in the former billionaire wunderkind's dramatic downfall.
Talking Points
Energy
Biden's oil boom
How fossil fuels thrived despite the White House's climate policies