Mr Ftx, the Crypto King, awaits his sentence for fraud - Breaking News. 'Crypto king' Sam Bankman-Fried will find out today how many years he will have to spend in prison.

Found by the jury guilty of all the charges brought against him, the former CEO of FTX was accused of fraud for stealing billions from his FTX customers. The awaited sentence officially marks the fall of what was considered the king of crypto, the one who with his digital currency exchange platform had enchanted Washington.