WSJ What’s News

FTX Founder Sam Bankman-Fried Sentenced to 25 Years in Prison

03.28.2024 - By The Wall Street JournalPlay

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P.M. Edition for March 28. Sam Bankman-Fried, the founder of collapsed crypto exchange FTX, was sentenced to 25 years in prison for what prosecutors called one of the largest financial frauds in U.S. history. Cryptocurrency reporter Caitlin Ostroff has the details. And lawyers are gearing up for the legal fight over the Baltimore bridge collapse. Insurance reporter Jean Eaglesham explains why it could take years to resolve. Plus, financial regulation reporter Andrew Ackerman has more on why a bond reclassification might be raising your electricity bill. Annmarie Fertoli hosts.

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