In his parting words to FTX founder Sam Bankman-Fried on Thursday, the judge overseeing his criminal case said the former darling of the cryptocurrency industry, although “exceptionally ambitious,” was ultimately a reckless gambler. 

Bankman-Fried is “a man willing to flip a coin as to the continued existence of life and civilization on Earth if the chances were imperceptibly greater that it would come out without that catastrophic outcome,” Judge Lewis Kaplan said during Bankman-Fried’s sentencing hearing.  

Kaplan ordered Bankman-Fried to 25 years in prison, a sentence that falls between the defense’s requested 6.5 years and the government’s proposed 40 to 50 years….

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