Fallen crypto tycoon Bankman-Fried gets 25-year sentence ...Middle East

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Fallen crypto tycoon Bankman-Fried gets 25-year sentence
source : Daily Sun ( Middle East ) () 38
Disgraced cryptocurrency wunderkind Sam Bankman-Fried was sentenced to 25 years in jail on Thursday -- a stunning descent for a figure who seemed poised to lead an emerging sector less than two years ago.US District Judge Lewis Kaplan said the defendant, who became known by his initials “SBF,“ had shown no “real remorse,“ even in his final pre-sentencing remarks in which the former billionaire rued “a series of bad decisions” but did not acknowledge knowingly violating financial laws.Bankman-Fried said “mistakes were made, but never a word of remorse for the commission of a terrible crime,“ said Kaplan, who characterized the violations as “brazen” and called out the defendant for his “except

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