Bitcoin

Statement of U.S. Attorney Damian Williams on the Sentencing of Sam Bankman-Fried

The scale of his crimes is measured not just by the amount of money that was stolen, but by the extraordinary harm caused to victims, who in some cases had their life savings wiped out overnight. As a result of his unprecedented fraud, Bankman-Fried faces 25 years in prison, forfeiture of over a billion dollars and restitution to his victims.

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