SBF's Crypto Crime Costs 25 Years

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ABC News

News, Daily News, Politics

4.5 • 6.4K Ratings

🗓️ 29 March 2024

⏱️ 24 minutes

🔗️ Recording | iTunes | RSS

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Summary

Convicted cryptocurrency fraudster Sam Bankman-Fried is sentenced to 25 years in prison. Baltimore officials begin laying the groundwork for clearing the Patapsco River. And third-party bids run into roadblocks. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:24.0	Tees and sees apply.
0:25.0	Soul traders or limited company directors in the UK can apply.
0:28.0	It's Friday, March 29th, and they don't take crypto in the prison commissary.
0:34.8	We start here.
0:38.2	Sam Bankman-Freed is sentenced to 25 years behind bars.
0:42.5	It's one of the longest financial fraud sentences in history.
0:46.4	Why the judge decided to send a message to other digital
0:49.3	scammers.
0:50.4	The cleanup begins in Baltimore.
0:52.4	You can see the steel weighing down the bow of the ship.
0:55.0	But is it safe?
0:57.0	Our team is out on the water.
0:59.0	And Americans say they don't like their options,
1:01.0	but they don't seem to want another one.
1:03.1	Joe Lieberman's last political crusade seems to be a bust.
1:06.4	Why groups recruiting third party candidates are coming up short.
	...

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