Sam Bankman-Fried, dubbed the "Crypto King," faces a lengthy prison term for his role in a cryptocurrency exchange scandal.

Quick Summary:

The former billionaire is about to find out his punishment for massive fraud and money laundering.

Sam Bankman-Fried's parents, both law professors at Stanford Law School, were central fixtures at their son's trial back in October last year.

Play video What happens to crypto after Sam Bankman-Fried?

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Article Details

Category: Business

Markets: United Kingdom

Topics: Bankman-fried Exchange Trial Customers Video Last Crypto Money Sentencing Fraud Funds

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-03-28 @ 11:42:33 (1 months ago)

News Timezone: GMT +0:00

News Source URL: bbc.co.uk

Language: English

Article Length: 1065 words

Reading Time: 6 minutes read

Sentences: 54 lines

Sentence Length: 20 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BBC Business

News ID: 20543994

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About BBC Business

Main Topics: Business

Official Website: bbc.co.uk

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Year Established: 1922

Headquarters: United Kingdom

News Last Updated: 14 hours ago

Coverage Areas: United Kingdom

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Publisher ID: #43

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