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Sam Bankman-Fried sentenced to 25 years in prison

courtroom sketch of Sam Bankman Fried today

Sam Bankman-Fried has been sentenced to 25 years in prison by Judge Lewis Kaplan of the Southern District of New York:

“It is the judgment of the court that you are sentenced to 240 months then consecutive 60 for a total of 300 months,” he said.

Before sentencing, Bankman-Fried said he was sorry for the losses he caused.

“I can’t impact if I get 5 years or 40 years. I know how the prosecutors see me, the court, the media. I understand it. You referenced my test to the general counsel. I was trying to help – that’s not how the prosecutors saw it,”

Early in sentencing, the Cryptocurrency/sam-bankman-fried-learns-his-fate-today-ominous-signs-in-early-comments-from-the-judge-20240328/”…
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