FTX founder Sam Bankman-Fried was sentenced to 25 years in prison Thursday‚ a court spokesman told The Hill. The disgraced cryptocurrency mogul was convicted last fall in the Southern District of New York on federal fraud and conspiracy charges related to his role in the collapse of his crypto exchange firm FTX in November 2022. “A lot of people feel really let down‚ and they were very let down‚ and I am sorry about that‚” Bankman-Fried told the court Thursday before he received his...

Sam Bankman-Fried‚ the former cryptocurrency mogul who was convicted of fraud‚ was sentenced to 25 years in prison on Thursday‚ capping an extraordinary saga that upended the multi-trillion-dollar crypto industry and became a cautionary tale of greed and hubris. Mr. Bankman-Fried’s sentence was shorter than the 40 to 50 years that federal prosecutors had recommended‚ but above the six-and-a-half-year sentence requested by the defense lawyers. A federal probation officer had recommended 100...

As investigators tried to determine why a container ship crashed into Baltimore’s Francis Scott Key Bridge‚ social media users shared baseless speculation about the cause. The collapse  left six people presumed dead and closed one of the nation’s busiest ports. Across social media platforms‚ people gave a variety of explanations for why the ship lost power and steered into the bridge.

Christian Soto has been identified as the suspect who went on an alleged stabbing spree through a Rockford‚ Illinois‚ neighborhood on Wednesday afternoon. Soto‚ 22‚ was arrested approximately 20 minutes after the horrific rampage began on Wednesday afternoon and has been booked into the Winnebago County Jail. He faces 11 counts of murder and attempted murder and two counts of home invasion with a dangerous weapon. He is expected to appear in court on Thursday afternoon...

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