Sam Bankman-Fried jailed for 25 years after stealing billions of dollars from FTX customers

Disgraced crypto entrepreneur Sam Bankman-Fried has been sentenced to 25 years in prison after being convicted of stealing billions of dollars from his customers.
He was the chief executive of FTX, which suddenly went bankrupt in November 2022 - leaving millions of users frozen out of their accounts and unable to make withdrawals.
Read more: news.sky.com/story/sam-bankma...
#sbf #sambankmanfried #ftx
SUBSCRIBE to our KZbin channel for more videos: / skynews
Follow us on Twitter: / skynews
Like us on Facebook: / skynews
Follow us on Instagram: / skynews
Follow us on TikTok: / skynews
For more content go to news.sky.com and download our apps: Apple itunes.apple.com/gb/app/sky-n... Android play.google.com/store/apps/de...
Sky News Daily podcast is available for free here: podfollow.com/skynewsdaily/
Sky News videos are now available in Spanish here/Los video de Sky News están disponibles en español aquí: / @skynewsespanol
To enquire about licensing Sky News content, you can find more information here: news.sky.com/info/library-sales

[@geoms6263]

And those guilty of the financial crisis of 2008, where are they?

[@yougoagogo4843]

My thoughts exactly !! Double Standards

[@20alphabet]

Paraguay

[@footballfan321-xt3ku]

Think it may be to late now anyway

[@agt155]

Still in the Labour party.

[@cw-s3582]

It's about time these heartless scammers who bilked people out of life savings, are finally thrown in jail . They should throw away the key!

[@coolnout3765]

25 years for billions, disgusting. The guy should have received all 100 years of incarceration. He probably was friends with the prosecutor and judge.

[@jesusfreakster101]

Can’t see him serving more than 12, not with the connects he paid for prior to his fall.

[@marvinbrando722]

Less than that

[@robynhurley5119]

Federal sentence requires 85%

[@VV-lr7xe]

How to become a multi billionaire in just less than 25 years (possible with parole , 5years or less) 😂😂😂

[@marvinbrando722]

Agreed. No more than 5

[@AK-xu1fx]

only 25 years?

[@martinogold]

I was thinking that too 🤔

[@MikeFelix1805]

​@@martinogoldMy thoughts exactly.

[@daam]

If youre gonna commit fraud, thats the quantity of monies to aim for..

[@torrencemonroe1233]

This is a sad day for "Auntie" Maxine Waters.

[@marvinbrando722]

Just 25 ? Omg

[@martinogold]

He got off light 😡

[@hawkhoskins4250]

Post office bosses did far worse things taking peoples freedom and got no jail, no nothing.

[@garyowen4112]

bankers pretty much did the same and they got bailed out and carried on doing the same

[@user-ec9rz7xh7e]

He doesn’t even look trustworthy… scam artist

[@yougoagogo4843]

Imagine if Bankers got this legal Treatment for Fraud and not get Sweetheart deals and slap on the wrist fines 😮

[@mrbipolarmattyhoward6071]

His gifts of money to the government didn’t help him 😂😂

[@marvinbrando722]

What ? He got just 25. Appeal will reduce it to 10 and then he got already 3. In less than 5, he is out. That's because of his payments

[@mygreatbigfoot1679]

He’s der real voctim heor. Btw How much time is his bird getting?

[@20alphabet]

He'll be out on appeal in no time.

[@joachimndahne5710]

Crypto and bitcoin is a scam don’t involve your self in it it’s a scam

[@ChiakiShirakawa]

I thought it seems to be news about Kofukai, a Japanese nursing care provider.

[@lubnarahman4608]

Freid? Jailed?

[@agt155]

1:13 - three biggest shysters of modern times.

[@Idodiea]

✡️

[@gabrieleweka2170]

Yea, he finally answered his name. Just being fried 😅

[@hawkhoskins4250]

Aww, did lots of rich people loose money? What a shame😂😂

[@user-jt3dj4dd7j]

Haaaaaaaaasa

[@Leon-lt5gv]

I bet that was a shock ' these type of people are just greedy ' but so are the idiots that deal't with him ' its wishfull thinking 🤑😅