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SBF Sentenced To 25 Years In Prison and Ordered To Forfeit More Than $11 Billion In Assets

Mary Liu

Summary: On March 28, FTX founder Sam Bankman Fried was finally sentenced to nearly 25 years in prison by a judge. He was also ordered to confiscate more than $11 billion in assets. The judge recommended that SBF be imprisoned in a prison near the San Francisco Bay Area near his home. New York Judge Lewis ...

On March 28, FTX founder Sam Bankman Fried was finally sentenced to nearly 25 years in prison by a judge. He was also ordered to confiscate more than $11 billion in assets. The judge recommended that SBF be imprisoned in a prison near the San Francisco Bay Area near his home.

New York Judge Lewis Kaplan argued that SBF's social "impairment" and "association with great wealth" may have made him a target for "attacks" by inmates.

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