If You Invested $1,000 In Bitcoin When Sam Bankman-Fried Was Arrested, Here’s How Much You’d Have Now
Former FTX CEO and co-founder Sam Bankman-Fried was sentenced to 25 years in prison on Thursday in a highly publicized criminal fraud case. Here’s a look back at the downfall of FTX and Bankman-Fried and how much you could have made buying Bitcoin (CRYPTO: BTC) when the cryptocurrency personality was arrested and the sector was falling. What Happened: Bankman-Fried was found guilty on seven counts of criminal fraud in November 2023 and faced up to 110 years in prison. Bankman-Fried will now spend 25 years in prison for his role in the collapse of FTX and the misuse of customer funds. At its pe…