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the collapse in 2022. 32 year old said in court he the 32 year old said in court he knew a lot of people have been let down before the sentence. providing a hard assessment to his say he lied at trial when he claimed had been unaware that his company were taking money entrusted to them by customers and using it for other purposes. just in our crypto . i for other purposes. just in our crypto - crypto . i feel like an appmpriate crypto . i feel like an appropriate sentence. l crypto . i feel like an appropriate sentence. i crypto . i feel like an - appropriate sentence. i feel them lotta people would have them lotta people would have the request of a0 mac years just because of the number of projects and meeting investors impacted by his actions a lot better then the lawyer was asking was six years which would bring ridiculous considering the crime. those that ut considering the crime. those that put a considering the crime. those that put a lot considering ....
and mogul in the industry who graced the cover of forbes magazine and appeared on stage with tony blair and bill clinton. american football player, tom brady, and supermodel, gisele bundchen, starred in his company s ads. he spoke in front of congress as a leader in the burgeoning crypto industry. he founded the cryptocurrency, exchange fdx, where customers traded their dollars and pounds for cryptocurrencies like bitcoin. when the exchange collapsed in november 2022, he assured customers their money was safe. but it turns out his entire business was built on lies. a jury convicted him here in this courthouse in november, of fraud and conspiracy charges after five hours of deliberations a nod to the strength of the government s case. nowjudge lewis kaplan has sentenced him to 25 years in prison, saying bankman fried knew his actions were wrong and criminal, and that he made a bad bet that he would not get caught. judge kaplan said the losses to ftx customers, investor ....
in belfast, and says it s down to him changing his throwing style. and after the stormy weather yesterday there will still be a few showers around over the next few days, but easter weekend is looking a bit drier. i will have all the details here on breakfast. it s good friday, the 29th march. a senior mp has called for a police investigation after secret papers seen by the bbc showed the post office continued to fight compensation claims brought by sub postmasters, despite knowing its defence was false. labour s kevan jones, who sits on the horizon compensation advisory board, has called the post office s actions an abusive use of public cash against innocent people , and said there would be no justice until someone was brought before the courts. our reporter aruna iyengar has more. it s the latest twist in the ongoing post office drama. between 1999 and 2015, hundreds of sub postmasters and sub postmistresses were wrongly prosecuted because of faults with horizon an it s ....
he was found guilty of fraud and money laundering last year. before his firm s collapse in 2022, the former billionaire became a celebrity atop a crypto empire. prosecutors said he raided customer accounts for bribes, illegal political donations and risky investments. our business correspondent michelle fleury has more. thejudge had to decide the judge had to decide a couple of things and took into account age, losses involved an impact on the victims and also the message of the tarrant and he settled on 25 years for sam bankman fried, sending him to prison for that time. it was less than lawyers who had been prosecuting the case had asked for you wanted 40 15 years and by contrast lawyers for mr bankman fried said he should get less than seven years. judge lewis kaplan decided that splitting the difference somewhere in the middle was the way to go. the judge clearly thought that although mr bankman fried has autism, as he said in court, sometimes he can be a bit social ....
and mogul in the industry who graced the cover of forbes magazine and appeared on stage with tony blair and bill clinton. american football player, tom brady, and supermodel gisele bundchen starred in his company s ads. he spoke in front of congress as a leader in the burgeoning crypto industry. he founded the cryptocurrency exchange fdx, where customers traded their dollars and pounds for cryptocurrencies like bitcoin. when the exchange collapsed in november 2022, he assured customers their money was safe. but it turns out the entire business was built on lies. conspiracy charges was filed after five hours of consideration. now afterfive hours of consideration. nowjudge lewis kaplan has sentenced him to 25 years in prison saying sam bankman fried you his actions were wrong and criminal and that he made a bad bet that he would not get caught. judge lewis kaplan said the losses to ftx customers, investors and lenders totalled more than $11 billion. bankruptcy proceedings ....