BUSINESS

Sam Bankman-Fried Sentencing: U.S. Attorney Damian Williams’ Statement

The scale of his crimes is measured no longer factual by the sum of money that was stolen, but by the extraordinary harm triggered to victims, who in some cases had their existence savings wiped out in a single day. Because of his unprecedented fraud, Bankman-Fried faces 25 years in detention heart, forfeiture of over one thousand million bucks and restitution to his victims.

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