Tynin Fries joined The Denver Post in 2018 as an intern. Then, she joined the team as a Digital Strategist and was promoted to Deputy Director of Audience in 2022. She is a proud ASU Cronkite alumna (#godevs)! In between producing news and writing stories, Tynin is out exploring all that Colorado has to offer.
NEW YORK — Former crypto mogul Sam Bankman-Fried faces the potential of decades in prison when he is sentenced Thursday for his role in the 2022 collapse of FTX, once one of the world’s most popular platforms for trading digital currency.
Bankman-Fried’s attorneys, friends and family have urged leniency, saying he is unlikely to reoffend again. They also say FTX’s investors have largely recovered their funds — a claim disputed by bankruptcy lawyers, FTX and its creditors. Bankman-Fried was worth billions of dollars on paper as the co-founder and CEO of FTX, which was the second-largest cryptocurrency exchange in the world at one time.
Three other people from Bankman-Fried’s inner circle pleaded guilty to related crimes and testified at his trial.
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Dethroned crypto king Sam Bankman-Fried to be sentenced for defrauding FTX investorsFormer crypto mogul Sam Bankman-Fried faces the potential of decades in prison when he is sentenced for his role in the 2022 collapse of FTX.
Read more »
Dethroned crypto king Sam Bankman-Fried to be sentenced for defrauding FTX investorsFormer crypto mogul Sam Bankman-Fried faces the potential of decades in prison when he is sentenced for his role in the 2022 collapse of FTX.
Read more »
Dethroned crypto king Sam Bankman-Fried to be sentenced for defrauding FTX investorsFormer crypto mogul Sam Bankman-Fried faces the potential of decades in prison when he is sentenced for his role in the 2022 collapse of FTX. The company was once one of the world’s most popular platforms for trading digital currency. Bankman-Fried was convicted in November of fraud and conspiracy and will be sentenced Thursday.
Read more »
Dethroned crypto king Sam Bankman-Fried to be sentenced for defrauding FTX investorsFormer crypto mogul Sam Bankman-Fried faces the potential of decades in prison when he is sentenced for his role in the 2022 collapse of FTX
Read more »
Dethroned crypto king Sam Bankman-Fried to be sentenced for defrauding FTX investorsFormer crypto mogul Sam Bankman-Fried faces the potential of decades in prison when he is sentenced for his role in the 2022 collapse of FTX.
Read more »
Dethroned crypto king Sam Bankman-Fried to be sentenced for defrauding FTX investorsFormer crypto mogul Sam Bankman-Fried faces the potential of decades in prison when he is sentenced for his role in the 2022 collapse of FTX.
Read more »