The charges included wire fraud and conspiracy to commit wire fraud against FTX customers and against lenders to sister hedge fund Alameda Research; conspiracy to commit securities fraud and conspiracy to commit commodities fraud against FTX investors; and conspiracy to commit money laundering
Sam Bankman-Fried sentenced to 25 years in prison for orchestrating FTX fraud
The former cryptocurrency guru was convicted on seven criminal counts in November.
www.nbcnews.com