https://news.yahoo.com/former-crypto-tycoon-sam-bankman-002733975.html

 

Sam Bankman-Fried, the one-time cryptocurrency golden boy accused by US prosecutors of stealing billions of dollars of his customers' money, was found guilty on Thursday on all counts, and now faces up to 110 years behind bars.

 

Underlining the high level of interest in the case, US Attorney General Merrick Garland issued a statement after the verdict thanking prosecutors and the FBI for their "outstanding work in bringing Mr Bankman-Fried to justice."

"This case should send a clear message to anyone who tries to hide their crimes behind a shiny new thing they claim no one else is smart enough to understand: the Justice Department will hold you accountable," he said.

What a name!

 

Madoff made off with people's funds.

And now Bankman makes off with people's bank savings. 

Sounds like a cartoon villain name. 

 

Edited November 3, 20232 yr by save the frogs

Unbank yourself!

 

Oh wait.....That was Celsius

20 hours ago, Celsius said:

Unbank yourself!

 

Oh wait.....That was Celsius

My mate got 72% of his funds back from Crypto, and another one is getting less back. 

 

 

57 minutes ago, Neeranam said:

My mate got 72% of his funds back from Crypto, and another one is getting less back. 

 

 

Nice deflection.

 

From the SBF case nobody got back anything so far

Ever since the US tax donkeys and bureaucrats started to track and hunt US citizens having accounts in Switzerland, people are now loosing money as US residents have no choice but to be forced to put in their savinga in the USA and not in Switzerland . Switzerland that has the best banking in the world - crooked bankers obviously but at least they do not steal clients money like in the US and your cash savings are safe and guaranteed to a certain amount by the Swiss government.

Sam Bankman-Fried faces over 100 years in prison at sentencing. Experts weigh in on how much time he’ll actually get

 

 

KEY POINTS

• Sam Bankman-Fried could face more than 100 years in prison after being convicted on seven charges related to the collapse of his crypto empire.
• Some legal experts predict he’ll get less than that, as federal sentencing guidelines are “sky-high.”
• But others compare him to Bernie Madoff, who was sentenced to 150 years for defrauding investors in his Ponzi scheme.

Read more here:  https://www.cnbc.com/2023/11/04/sam-bankman-fried-sentence-could-be-100-plus-years-or-mere-decades.html

Scam Bankrun Fraud.

 

His parents are both law professors did you know?

Sam Bankman-Fried is found guilty of all charges in FTX's spectacular collapse

 

Tom Brady And Other A-Listers Sued For Fumbling FTX Endorsements