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FTX Top Creditor Activist Recounts Sam Bankman-Fried’s 25-Year Sentencing


by Vignesh Karunanidhi
for CoinEdition
FTX Creditor Shares Sam Bankman-Fried's Sentencing Experience
  • Sunil Kavuri traveled to NYC to represent FTX creditors at SBF’s sentencing.
  • Judge Kaplan gave SBF 25 years, citing evasive testimony and risky behavior.
  • Over 200 victim statements detailed devastating emotional and financial loss.

FTX creditor activist Sunil Kavuri has shared his courtroom experience from Sam Bankman-Fried’s sentencing on March 28, 2024, as the convicted founder’s appeal, scheduled for November 3, 2025, draws closer. Kavuri traveled from London to New York to represent FTX creditors worldwide at the sentencing hearing.

Judge Lewis Kaplan delivered a 25-year prison sentence after criticizing Bankman-Fried’s trial testimony and risk-taking behavior. The judge referenced Bankman-Fried’s willingness to “coin flip for the survival of the human race” and compared his actions to stealing money for gambling in Las Vegas before returning stolen funds.

Courtroom Atmosphere Limited Public Access

The sentencing occurred in a small courtroom accommodating approximately 60-70 people maximum, and most seats were reserved for legal teams and participants. Only 20-30 members of the public could observe the proceedings, with journalists required to …

The post FTX Top Creditor Activist Recounts Sam Bankman-Fried’s 25-Year Sentencing appeared first on Coin Edition.

Read the article at CoinEdition

Read More

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ALT5 Sigma Acquires WLFI Tokens in $1.5B Offering

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Detail: https://coincu.com/markets/alt5-acquires-wlfi-tokens-in-offering/

FTX Top Creditor Activist Recounts Sam Bankman-Fried’s 25-Year Sentencing


by Vignesh Karunanidhi
for CoinEdition
FTX Creditor Shares Sam Bankman-Fried's Sentencing Experience
  • Sunil Kavuri traveled to NYC to represent FTX creditors at SBF’s sentencing.
  • Judge Kaplan gave SBF 25 years, citing evasive testimony and risky behavior.
  • Over 200 victim statements detailed devastating emotional and financial loss.

FTX creditor activist Sunil Kavuri has shared his courtroom experience from Sam Bankman-Fried’s sentencing on March 28, 2024, as the convicted founder’s appeal, scheduled for November 3, 2025, draws closer. Kavuri traveled from London to New York to represent FTX creditors worldwide at the sentencing hearing.

Judge Lewis Kaplan delivered a 25-year prison sentence after criticizing Bankman-Fried’s trial testimony and risk-taking behavior. The judge referenced Bankman-Fried’s willingness to “coin flip for the survival of the human race” and compared his actions to stealing money for gambling in Las Vegas before returning stolen funds.

Courtroom Atmosphere Limited Public Access

The sentencing occurred in a small courtroom accommodating approximately 60-70 people maximum, and most seats were reserved for legal teams and participants. Only 20-30 members of the public could observe the proceedings, with journalists required to …

The post FTX Top Creditor Activist Recounts Sam Bankman-Fried’s 25-Year Sentencing appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Former Fed President Bullard Open to Fed Chair Role

Former Fed President Bullard Open to Fed Chair Role

Detail: https://coincu.com/markets/bullard-fed-chair-open/
ALT5 Sigma Acquires WLFI Tokens in $1.5B Offering

ALT5 Sigma Acquires WLFI Tokens in $1.5B Offering

Detail: https://coincu.com/markets/alt5-acquires-wlfi-tokens-in-offering/