Sam Bankman-Fried Is Sentenced to 25 Years
Daniel Patrick Moynihan United States Courthouse, 500 Pearl Street, New York, NY 10007, United States
CONFIRMED85% CONFIDENCEDated by the US Attorney's own press release announcing the sentence, issued on 28 March 2024.[1]
The founder of FTX was sentenced in Manhattan federal court to 25 years in prison and ordered to forfeit more than $11bn, four months after a jury convicted him on seven counts of fraud and conspiracy over the theft of customer deposits from the cryptocurrency exchange.
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