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Former FTX CEO Sam Bankman-Fried has been sentenced to 25 years in prison after being found guilty on all seven counts related to fraud and money laundering. It’s a lengthy sentence, but it’s certainly shorter than the potential maximum of 110 years. As a reminder, the DOJ’s 2022 indictment stated Bankman-Fried knowingly defrauded FTX customers…
People & Blogs
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Bloomberg Technology
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Anthropic 3Q & CoreWeave Debt Problems ——– Like this video? Subscribe to Bloomberg Tech on YouTube: Watch the latest full episodes of “Bloomberg Tech” with Ed Ludlow here: Get the latest in tech from Silicon Valley and around the world here: Connect with us on… X: Facebook: Instagram: Follow Ed Ludlow on…
Science & Technology
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@bishaldas900
March 29, 2024 at 11:50 am
????????????
@nizambao4653
March 29, 2024 at 12:03 pm
I am not really surprised at all. ????????????.
@test-ws7sg
March 29, 2024 at 1:06 pm
The judge is an anti-semite ????????????????????????????????
@nfr333
March 29, 2024 at 1:48 pm
SBF is a liberal, so he is also
@iluvcamaros1912
March 29, 2024 at 1:49 pm
I also feel like his rich, entitled boomer parents are partly to blame for where he has ended up in life. All they keep doing is making excuses for him and extolling his non-existent virtues. Not our gifted and talented poor baby he didn’t mean to do it. Umm he did a Bernie Madoff, you don’t do that by accident. You don’t stub your toe and oops stole $8 billion dollars.
@GrillinDude-ng9kk
March 29, 2024 at 4:52 pm
Only getting 25 years for blowing $8 billion is actually a pretty sweet deal. 25 years is 788,400,000 seconds. That means if he made $10/second every second for the next 25 years, he would make back the $8 billion he owes people. Essentially a sentence of 25 years for wasting $8 billion amounts to a constant wage of $600/minute, or $36,000 per hour. Getting paid $36,000/hour to rot in prison seems like a generous deal to me