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King of Crypto SBF jailed for 25 years in New York
Sam Bankman-Fried has been jailed for a quarter of a century by a New York judge for his part in the FTX crypto scandal.
Handing down the sense Judge Lewis Kaplan said that despite “protestations of sorrow” about customer losses there was “never a word of remorse for the commission of terrible crimes”. Earlier today Bankman-Friend took the stand and, while stopping short of a full apology said he had made a series of bad decisions that haunt him every day. Having spent time as Head of Communications at a professional sports club and working for high-profile charities such as the National Literacy Trust, he returned as Managing Editor in charge of large US-based technology websites in 2020.
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