A day after Sam Bankman-Fried was sentenced to 25 years in federal prison for stealing billions from customers, The Verge's Elizabeth Lopatto says that the disgraced crypto king is still gambling. “Sam Bankman-Fried has learned nothing,” Lopatto writes, “and I’m not sure any of the rest of us have, either.” https://flip.it/IUzntZ #Tech#FTX#Cryptocurrency#SBF#Technology
Well, I guess it's obvious what's gonna be the most trending hashtag on crypto socials for the next 48 to 72 hours (depending what crazy things bitcoin will do ) ... 😎
Well, I guess some people were hoping for more, but I would say justice was served. SBF is a scumbag who has hurt crypto more than anyone else in history ...
[The Washington Post] Sam Bankman-Fried sentenced to 25 years in prison
Sam Bankman-Fried, the former crypto mogul who co-founded FTX, also was ordered to repay more than $11 billion for his conviction on charges related to fraud and money laundering.
By Shayna Jacobs and Julie Zauzmer Weil
Crypto Scammer Sam Bankman-Fried Gets 25 Year Prison Sentence
One federal probation officer recommend Bankman-Fried spend 100 years behind bars, and he was eventually awarded a 25 year prison sentence for his stealing from his crypto customers.
He has also been ordered to pay the $11 billion monetary judgment requested by the prosecution. This is on top of assets already seized by the government.
I've got a bet with someone that it will be 10 years or less, but that's not really based on anything other than gut feeling. Happy to be proven wrong, although I have to buy the other person a t-shirt if I lose... 😐
Sam Bankman-Fried sentence due on Thursday — here’s what to expect
The recent #BehindTheBastards episode on the book Going Infinite and #SBF was great. I found it particularly hilarious that Athe author #MichaelLewis thought SBF was an extra special boy because he played #MagicTheGathering.
As a former Magic player I feel equipped to state that this is not the case. I do think it might have appealed to SBF because his parents seem to be the type to buy endless cards for him.