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Paradigm Targets Over $750 Million in Upcoming Fundraising Effort


Crypto venture capital firm Paradigm is reportedly in discussions to gather between $750 million and $850 million for a new fund dedicated to crypto investments. The post Paradigm Targets Over $750 Million in Upcoming Fundraising Effort appeared first on Cryptonews

Sam Bankman-Fried receives 25-year sentence in landmark fraud case


Judge Sam Bankman-Fried sentenced the former CEO of FTX to 25 years in prison on Thursday for stealing $8 billion from consumers of the cryptocurrency exchange he founded, which is now bankrupt. During a court hearing in Manhattan,   the penalty was imposed by U.S. District Judge Lewis Kaplan...

SBF Is Going to Prison for 25 Years


Sam Bankman-Fried is going to prison. He won't be spending time in a maximum security facility, and he'll be placed as close to his family in the San Francisco Bay Area as possible, but he's going to prison nonetheless – and he'll be there for the next 25 years

Ruling In SBF Case Is A Warning To Others, U.S. Attorney Says


FTX founder Sam Bankman-Fried’s 25-year prison sentence will send “an important message” to potential fraudsters everywhere, U.S. Attorney Damian Williams wrote following his sentencing. Based on the ruling, Bankman-Fried will not be out of prison until his late 50s. The post Ruling In SBF Case...

Former FTX Boss Sam Bankman-Fried Sentenced to 25 Years in Prison


On Thursday, March 28, 2024, the former head of FTX, Sam Bankman-Fried, received his sentence during a federal court proceeding in Manhattan. U.S. Marshals escorted Bankman-Fried into the courtroom at precisely 9:39 a.m. Eastern Time, as reported by Matthew Russell Lee of Inner City Press. Judge...

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