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Sam Bankman-Fried was sentenced to 25 years in prison
Sam Bankman-Fried, the former CEO of cryptocurrency exchange FTX, has been sentenced to 25 years in prison by a US federal judge for defrauding the company of $8 billion. Bankman-Fried was convicted in 2017 on 10 criminal counts, including bank fraud, wire fraud and securities fraud. Prosecutors said Bankman-Fried knew about the fraud and knew…
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The Manhattan saga faces an unprecedented moment
Former US President Donald Trump has been charged with bank fraud and other offences by a New York grand jury. In a written statement, Trump called the case against him “political persecution”. However, a CNN poll found that 38% of Americans disapprove of the GOP’s efforts to investigate Trump, while 35% said they approve of…