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Bankman Fried Gets 25 Years.

Posted on 29th March 2024

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The BBC reports that Sam Bankman-Fried, co-founder of the failed crypto exchange FTX, has received a prison sentence of 25 years for his part in the fraud perpetrated by his company.

Maybe now we can start calling him by his correct name: Scam Bank-Man Fraud.

I admit to not being surprised when the news of the fraud hit. I have always considered all cryptocurrency to be a scam, and that it was only a matter of time before the shit hit the fan.