(28 Mar 2024)
RESTRICTION SUMMARY: PART MUST CREDIT ELIZABETH WILLIAMS
ASSOCIATED PRESS – MUST CREDIT ELIZABETH WILLIAMS
New York — 28 March 2024
1. Sketch of FTX founder Sam Bankman-Fried in courtroom
ASSOCIATED PRESS
New York — 28 March 2024
2. Barbara Fried and Joseph Bankman, parents of FTX founder Sam Bankman-Fried walk out after sentencing
3. STILL of Barbara Fried and Joseph Bankman, parents of FTX founder Sam Bankman-Fried, arriving at Manhattan Federal Court
Photo ID: 24088475979833
4. STILL of Barbara Fried arriving at courthouse Photo ID: 24088479348604
5. STILL of Barbara Fried arriving at courthouse Photo ID: 24088477656552
6. STILL of Barbara Fried walking through metal detector Photo ID: 24088476945919
STORYLINE:
FTX founder Sam Bankman-Fried has been sentenced to 25 years in prison for a cryptocurrency fraud that a prosecutor has described as one of the biggest financial frauds in U.S. history.
Federal Judge Lewis A. Kaplan imposed the sentence Thursday in a packed Manhattan courtroom.
The 32-year-old Bankman-Fried was convicted in November of fraud and conspiracy charges brought after his once-soaring cryptocurrency trading platform and related companies collapsed into bankruptcy.
Bankman-Fried was extradited to the U.S. in December 2022, five years after he started his businesses with plans to revolutionize the emerging cryptocurrency industry.
AP video shot by Joseph Frederick
===========================================================
Clients are reminded to adhere to all listed restrictions and to check the terms of their licence agreements. For further assistance, please contact the AP Archive on: Tel +44(0)2074827482 Email: info@aparchive.com.
Find out more about AP Archive: http://www.aparchive.com/HowWeWork
Twitter: https://twitter.com/AP_Archive
Facebook: https://www.facebook.com/APArchives
Instagram: https://www.instagram.com/APNews/
You can license this story through AP Archive: http://www.aparchive.com/metadata/youtube/9f5ad914e0bb436386a9a2d53a545517
Author: AP Archive
Go to Source
News post in September 21, 2024, 3:05 pm.
Visit Our Sponsor’s:
News Post In – News
