HomeCrypto GamingStatement of U.S. Attorney Damian Williams on the Sentencing of Sam Bankman-Fried

Statement of U.S. Attorney Damian Williams on the Sentencing of Sam Bankman-Fried

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The size of his crimes is measured not simply by the amount of cash that was stolen, however by the extraordinary hurt brought on to victims, who in some circumstances had their life financial savings worn out in a single day. On account of his unprecedented fraud, Bankman-Fried faces 25 years in jail, forfeiture of over a billion {dollars} and restitution to his victims.

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