Sam Bankman-Fried sentenced to 25 years for FTX fraud

FTX founder Sam Bankman-Fried once bragged that he had a 5 percent chance of becoming president of the United States | Collage by Cath Virginia / The Verge | Photo by Victor J. Blue, Bloomberg, Getty Images FTX co-founder Sam Bankman-Fried was sentenced to 300 months, or 25 years, in prison for seven counts of conspiracy and fraud charges stemming from the collapse of the crypto exchange he started. Judge Lewis Kaplan’s sentence was shorter than the 40 to 50 years requested by prosecutors,