"FTX Founder Sam Bankman-Fried Receives 25-Year Prison Sentence for Crypto Fraud"

FTX co-founder Sam Bankman-Fried has been sentenced to 25 years in prison for defrauding customers, investors, and lenders, following the collapse of the cryptocurrency exchange. Prosecutors argued for a longer sentence, while Bankman-Fried's lawyers sought a more lenient term. The sentencing marks a dramatic downfall for the once-billionaire who ran the world’s second-largest crypto exchange and was the face of the digital assets boom. His trial last fall resulted in a conviction for deliberately stealing up to $14 billion in customer deposits, with three of his top executives also implicated.