"title"=>"‘He knew it was wrong’: Sam Bankman-Fried sentenced to 25 years in prison over FTX fraud",
"summary"=>"
Judge orders disgraced crypto mogul to forfeit $11bn in assets and says he showed no remorse for his crimes
Sam Bankman-Fried, the disgraced cryptocurrency mogul who perpetrated one of the largest financial frauds in history, has been sentenced to 25 years in prison and ordered to forfeit $11bn in assets. His lawyer reiterated a pledge to appeal the sentence the same day.
The judge, Lewis Kaplan, issued the penalty in a Manhattan courtroom on Thursday. Bankman-Fried, the former chief executive of the now-bankrupt cryptocurrency exchange FTX, was convicted of fraud and conspiracy to launder money late last year.
Continue reading...","content"=>nil,
"author"=>"Nick Robins-Early",
"link"=>"https://www.theguardian.com/business/2024/mar/28/sam-bankman-fried-sentenced-prison-ftx-fraud",
"published_date"=>Thu, 28 Mar 2024 18:38:29.000000000 UTC +00:00,
"image_url"=>"https://i.guim.co.uk/img/media/c529ab9e8109e3968cad4a31b18e9307ff6a2a5a/0_7_3000_1800/master/3000.jpg?width=140&quality=85&auto=format&fit=max&s=61fe33057aae8aa9dee60d533adfb549",
"feed_url"=>"https://www.theguardian.com/business/2024/mar/28/sam-bankman-fried-sentenced-prison-ftx-fraud",
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"ricc_source"=>"feedjira::v1",
"created_at"=>Sun, 31 Mar 2024 21:42:50.174752000 UTC +00:00,
"updated_at"=>Mon, 13 May 2024 18:46:35.656098000 UTC +00:00,
"newspaper"=>"US general21",
"macro_region"=>"USA"}