Disgraced former FTX CEO Sam Bankman-Fried sentenced to 25 years

BREAKING: A judge sentenced Sam Bankman-Fried to 25 years in prison for orchestrating what prosecutors have called one of the biggest financial frauds in American history.

He was accused of using customer deposits on the cryptocurrency trading platform FTX, the company he founded, to cover losses at his hedge fund, pay off loans and buy lavish real estate, among other personal expenses.

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