Bitcoin24h $103,337.41+1.97%

Ethereum24h $3,388.36+2.83%

XRP24h $2.33+4.73%

BNB24h $954.11+0.94%

Solana24h $159.24+2.97%

TRON24h $0.2869+0.55%

Dogecoin24h $0.1637+0.16%

Cardano24h $0.5363+1.27%

Hyperliquid24h $39.72-0.76%

Chainlink24h $14.92+1.20%

Sam Bankman-Fried is sentenced to 25 years — but now what?

There’s little legal wiggle room for Bankman-Fried and while he may present specific arguments, the odds of them succeeding are pretty low.

Sam Bankman-Fried sentenced to 25 years in prison

Bankman-Fried’s sentence comes after he was found guilty of wire fraud, conspiracy to commit fraud, and money laundering conspiracy.

Prosecutors have asked for a sentence of 40 to 50 years but attorneys working for Bankman-Fried have called such a timespan excessive.

FTX CEO John J. Ray III has detailed the misrepresentations made by Sam Bankman-Fried’s team in a letter that accuses him of “delusion.”

In a letter to a US district judge, ex-cop and alleged pedophile Carmine Simpson called SBF the “least physically intimidating person.”