Appeal rejected: Sam Bankman-Fried will indeed serve 25 years in prison for his financial crimes with FTX

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The US Court of Appeals for the Second Circuit has upheld Sam Bankman-Fried’s 25-year prison sentence handed down in March 2024. The former CEO of the crypto platform FTX saw his appeal dismissed, leaving him with approximately 23 years left to serve. He still has two theoretical options remaining: a presidential pardon or an appeal to the US Supreme Court, both considered highly unlikely to succeed. SBF, who has already spoken multiple times on social media platform X from his cell, had not yet commented on this final verdict.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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