Sam Bankman-Fried was sentenced to prison for 25 years. More than $20 billion in Tether transactions are being reviewed for possible sanctions violations. The surviving co-founder of Quadriga is being asked where he got a hoard of gold and cash. And Bitcoin is approaching record highs.
Prices of most digital assets were higher on Thursday while FTX co-founder Bankman-Fried was sentenced for stealing billions of dollars from customers, marking the final chapter in a case that has both captivated and overshadowed the crypto industry.
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