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Summary <p>Judge orders disgraced crypto mogul to forfeit $11bn in assets and says he showed no remorse for his crimes</p><p>Sam Bankman-Fried, the disgraced cryptocurrency mogul who perpetrated one of the largest financial frauds in history, has been sentenced to 25 years<strong> </strong>in prison and ordered to forfeit $11bn in assets. His lawyer reiterated a pledge to appeal the sentence the same day.</p><p>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 <a href="https://www.theguardian.com/business/2023/nov/02/sam-bankman-guilty-ftx-alameda">convicted of fraud and conspiracy to launder money</a> late last year.</p> <a href="https://www.theguardian.com/business/2024/mar/28/sam-bankman-fried-sentenced-prison-ftx-fraud">Continue reading...</a>

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Hidden blurb --- !ruby/object:Feedjira::Parser::RSSEntry published: 2024-03-28 18:38:29.000000000 Z image: 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 entry_id: !ruby/object:Feedjira::Parser::GloballyUniqueIdentifier guid: https://www.theguardian.com/business/2024/mar/28/sam-bankman-fried-sentenced-prison-ftx-fraud title: "‘He knew it was wrong’: Sam Bankman-Fried sentenced to 25 years in prison over FTX fraud" categories: - Sam Bankman-Fried - Technology - Cryptocurrencies - FTX - Business - US news - New York - Law (US) carlessian_info: news_filer_version: 2 newspaper: US general21 macro_region: USA summary: <p>Judge orders disgraced crypto mogul to forfeit $11bn in assets and says he showed no remorse for his crimes</p><p>Sam Bankman-Fried, the disgraced cryptocurrency mogul who perpetrated one of the largest financial frauds in history, has been sentenced to 25 years<strong> </strong>in prison and ordered to forfeit $11bn in assets. His lawyer reiterated a pledge to appeal the sentence the same day.</p><p>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 <a href="https://www.theguardian.com/business/2023/nov/02/sam-bankman-guilty-ftx-alameda">convicted of fraud and conspiracy to launder money</a> late last year.</p> <a href="https://www.theguardian.com/business/2024/mar/28/sam-bankman-fried-sentenced-prison-ftx-fraud">Continue reading...</a> rss_fields: - title - url - summary - author - categories - published - entry_id - image url: https://www.theguardian.com/business/2024/mar/28/sam-bankman-fried-sentenced-prison-ftx-fraud author: Nick Robins-Early

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Ricc internal notes Imported via /Users/ricc/git/gemini-news-crawler/webapp/db/seeds.d/import-feedjira.rb on 2024-03-31 23:42:50 +0200. Content is EMPTY here. Entried: title,url,summary,author,categories,published,entry_id,image. TODO add Newspaper: filename = /Users/ricc/git/gemini-news-crawler/webapp/db/seeds.d/../../../crawler/out/feedjira/USA/US general21/2024-03-28-‘He_knew_it_was_wrong’:_Sam_Bankman-Fried_sentenced_to_25_years_-v2.yaml

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