The Latest Breaking News from Sam Bankman-Fried

Sam Bankman-Fried has been slapped with a 25-year sentence for defrauding numerous individuals who believed in his fake crypto empire, but many are unhappy with the "short" sentence. Others are demanding that all the donations he made to political campaigns be returned.

US District Judge Lewis Kaplan said the defendant, who became known by his initials "SBF," had shown no "real remorse."

Learn about the downfall of Sam Bankman-Fried, co-founder of FTX, due to financial misconduct, resulting in a 25-year prison sentence.

US District Judge Lewis Kaplan said the defendant, who became known by his initials "SBF," had shown no "real remorse," even in his final pre-sentencing remarks in which the former billionaire rued "a series of bad decisions" but did not acknowledge knowingly violating financial laws.