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Nov 2024
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Sam Bankman-Fried: Former cryptocurrency mogul sentenced to 25 years in prison

He was the CEO of FTX, which suddenly went bankrupt in November 2022 - leaving millions of users freezing their accounts and unable to make withdrawals

FTX founder Sam Bankman-Fried arrested in the Bahamas

The U.S. filed criminal charges

FTX files for bankruptcy, Bankman-Fried steps down

John J. Ray III will take over as chief executive, while Bankman-Fried will assist during the transition