Loading ...Another highly educated idiot bites the dust, they can’t get away with what they used to ever since the 2008 crisis and Bernie Madoff, Including the Fed Res. can’t get away with what they used to.
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Bankman-Fried now awaits sentencing. His case has been compared with that of Elizabeth Holmes, founder of medical device company Theranos, which ceased operations in 2018.
Holmes, 39, was convicted in early 2022 on four counts of defrauding investors in Theranos after testifying in her own defense. She was sentenced to more than 11 years in prison, and began serving her punishment in May at a minimum-security facility in Bryan, Texas.
Sam Bankman-Fried found guilty on all seven criminal fraud counts