This is a U.S. news story, published by CNBC, that relates primarily to Sam Bankman-Fried news.
For more U.S. news, you can click here:
more U.S. newsFor more Sam Bankman-Fried news, you can click here:
more Sam Bankman-Fried newsFor more crypto trading & speculation news, you can click here:
more crypto trading & speculation newsFor more news from CNBC, you can click here:
more news from CNBCOtherweb, Inc is a public benefit corporation, dedicated to improving the quality of news people consume. We are non-partisan, junk-free, and ad-free. We use artificial intelligence (AI) to remove junk from your news feed, and allow you to select the best business news, entertainment news, world news, and much more. If you like crypto trading & speculation news, you might also like this article about
former crypto tycoon. We are dedicated to bringing you the highest-quality news, junk-free and ad-free, about your favorite topics. Please come every day to read the latest most stablecoins news, crypto sector news, crypto trading & speculation news, and other high-quality news about any topic that interests you. We are working hard to create the best news aggregator on the web, and to put you in control of your news feed - whether you choose to read the latest news through our website, our news app, or our daily newsletter - all free!
crypto criminalsCNBC
•77% Informative
Judge approves $4.5 billion settlement between Do Kwon, Terraform Labs , and the U.S. Securities and Exchange Commission .
Binance 's founder and ex-CEO was sentenced to four months in prison in April .
FTX founder Sam Bankman-Fried sentenced to 25 years in prison.
U.S. judge sentences Do Bankman-Fried , 32 , to $11 billion in forfeiture.
Sentence was significantly less than the 40 to 50 years that prosecutors wanted.
Kwon raised $207 million for his Terraform Labs , which launched luna and UST , which had been one of the most popular stablecoin projects.
Binance founder Changpeng Zhao has reported to a low-security federal prison in Lompoc , California .
Ryan Salame , a former top lieutenant of FTX founder Sam Bankman-Fried , has been sentenced to 90 months , or seven and a half years , in prison, followed by three years of supervised release.
Three other people are awaiting their own sentencings after pleading guilty to criminal charges related to FTX and Alameda Research .
FTX 's bankruptcy estate announced almost all customers would get their money back.
VR Score
75
Informative language
71
Neutral language
43
Article tone
formal
Language
English
Language complexity
49
Offensive language
possibly offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
16
Source diversity
11
Affiliate links
no affiliate links