NOT FOR REPRINT
Bankman-Fried Sentenced to 25 Years in Prison Over FTX Collapse
By
Janet Levaux
News March 28, 2024 at 12:09 PM
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What You Need To Know
- He faced as long as 110 years behind bars after being convicted last year of seven offenses, including fraud and conspiracy.
- In addition to the prison sentence, Judge Kaplan said that Bankman-Fried should forfeit more than $11 billion.
- Bankman-Fried will likely be sent to a medium-security facility, according to a prison consultant.
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