FTX founder Sam Bankman-Fried leaves the Manhattan federal courthouse on Jan. 3, 2023. Photo: Ryland West/ALM 'He's Not Going to Admit a Thing:' Sam Bankman-Fried Sentenced to 25 Years in FTX Collapse
Bankman-Fried, 32, was also ordered to forfeit more than $11 billion. His attorneys at Mukasey Young, led by Marc Mukasey, have said he will appeal.
March 28, 2024 at 12:28 PM
5 minute read
Cryptocurrency
The original version of this story was published on New York Law Journal
FTX founder Sam Bankman-Fried was sentenced to 25 years in prison on Thursday, with U.S. District Judge Lewis Kaplan of the Southern District of New York highlighting the scale of his fraud offenses and the lack of truthfulness in his testimony at his November trial before he imposed the sentence.
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