FTX CEO Fraud and Legal Battle
Former FTX CEO Sam Bankman-Fried sentenced to 25 years in jail for fraud, his legal team claims customers lost "zero" dollars despite $11 billion in losses. Current FTX CEO disputes claims and states that victims will never fully recover from the fraud.
Key Points
- Former FTX CEO Sam Bankman-Fried sentenced to 25 years in jail for fraud
- Legal team claims customers lost 'zero' dollars despite $11 billion in losses
- Current FTX CEO disputes claims and states victims will never fully recover