Judge says Sam Bankman-Fried was remorseless as he sentences him to 25 years in prison for orchestrating $8bn fraud – live | Sam Bankman-Fried

Sam Bankman-Fried sentenced to 25 yearsSam Bankman-Fried has been sentenced to 25 years in prison for masterminding the $8bn fraud that led to the collapse of cryptocurrency exchange FTX. He was found guilty on seven charges of wire fraud and conspiracy in November 2023.ShareKey eventsHas the crypto industry reformed since the collapse of FTX?In a piece for Guardian Opinion, Molly White, author of the newsletter Web3 Is Going Great, argues, “Since Bankman-Fried’s conviction, there have been no changes that would prevent a new crypto mania just as devastating as the last.“With no…