INSUBCONTINENT EXCLUSIVE:
Sam Bankman-Fried, once a star in the cryptocurrency universe as the CEO of FTX, received a 25-year prison sentence from a U.S
federal court.This verdict concludes a notable trial focusing on a vast financial fraud, where Bankman-Fried was accused of misappropriating
$8 to $14 billion from customers and investors.His sentencing signifies a dramatic fall for someone who previously enjoyed a high-flying
lifestyle and was considered a cryptocurrency visionary.The court proceedings exposed the lavish life and high aspirations Bankman-Fried
shared with his close associates.They lived together in a plush Bahamas apartment, ambitiously aiming to lead the cryptocurrency
funds, leading to a significant unnoticed financial shortfall.Prosecutors showed Bankman-Fried exploiting his clout, making significant
conviction underscores the risks linked with the fledgling yet quickly advancing cryptocurrency sector.It highlights the critical need for
regulatory supervision and calls for honesty and transparency from industry leaders.This case is pivotal in the broader discussion of
