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Rafael Nam

Sam Bankman-Fried sentenced to 25 years in prison for his FTX crimes

Sam Bankman-Fried FTX Lewis Kaplan Tom Brady Crypto

Former FTX CEO Sam Bankman-Fried arrives for a bail hearing at Manhattan Federal Court in New York City on Aug. 11, 2023. Bankman-Fried was sentenced on Thursday to 25 years in prison after being found guilty of fraud last year. (Michael M. Santiago/Getty Images)

25 years.

That's the sentence a judge delivered to crypto wunderkind Sam Bankman-Fried. The former FTX CEO learned his fate Thursday in a Manhattan courtroom. Bankman-Fried had been convicted of seven counts of fraud over the collapse of the crypto exchange he founded and was once seen as a key player in the world of finance.

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