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TechCrunch Minute: Sam Bankman-Fried’s sentencing marks an end to the FTX saga
We now know Sam Bankman-Fried has been sentenced to 25 years in prison. It's a lengthy sentence, but it's far from a surprise.
For the crypto industry, it’s also the final page in a chapter that many may want firmly behind them. After all, we’re out of the last crypto winter and are back in a period of rising token prices, growing trading volume, and hints of the prior excitement that web3 commanded during the last asset bubble. Still, before we fully wrap up our coverage of SBF and his erstwhile empire, it’s worth taking one last trip down memory lane to cement in our minds how we wound up with a former venture and political darling not in the dock, but behind bars.
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