Judge thrashes Sam Bankman-Fried for claiming FTX customers didn't lose any money before handing down 25-year sentence

Source: Business Insider

Sam Bankman-Fried, the jailed founder of bankrupt cryptocurrency exchange FTX, sits with his lawyers Torrey Young and Marc Mukasey. REUTERS/Jane RosenbergSam Bankman-Fried's lawyers claimed that FTX customers had "zero" losses when the exchange collapsed. They argued in favor of a light sentence for the convicted crypto mogul on Thursday.