Questions and Answers about
Cryptocurrency Scandal
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in TechnologyWhat was a significant component of Sam Bankman-Fried’s sentencing for FTX crimes?
Answer: Sam Bankman-Fried, the former CEO of FTX, was sentenced to 25 years behind bars. Additionally, the judge slapped him with an $11 billion forfeiture order—yes, you read that right—billion with a ‘B.’ This order isn’t just about emptying his pockets; it guarantees that if he ever makes a comeback, his earnings won’t fill his…