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Fallen crypto mogul Sam Bankman-Fried sentenced to 25 years in prison
![Bebeto Matthews FILE - FTX founder Sam Bankman-Fried leaves Manhattan federal court, June 15, 2023, in New York. The chief executive of the cryptocurrency company Sam Bankman-Fried founded attacked the onetime crypto power player on Wednesday, March 20, 2024, in a letter to a federal judge scheduled to sentence him next week, saying his claim that customers, lenders and investors were not harmed was callously false and he was living a “life of delusion.” (AP Photo/Bebeto Matthews, File)](https://mapi.associatedpress.com/v2/items/8a39c7e81fea41b698e6e16972f3c3cd/preview/preview.jpg?s=680x)
FILE - FTX founder Sam Bankman-Fried leaves Manhattan federal court, June 15, 2023, in New York. The chief executive of the cryptocurrency company Sam Bankman-Fried founded attacked the onetime crypto power player on Wednesday, March 20, 2024, in a letter to a federal judge scheduled to sentence him next week, saying his claim that customers, lenders and investors were not harmed was callously false and he was living a “life of delusion.” (AP Photo/Bebeto Matthews, File)
![Eduardo Munoz Alvarez Barbara Fried, mother of FTX founder Sam Bankman-Fried, arrives at Manhattan Federal Court, Thursday, March. 28, 2024, in New York. (AP Photo/Eduardo Munoz Alvarez)](https://mapi.associatedpress.com/v2/items/49a2dedda7734a039174f15e52e104a5/preview/preview.jpg?s=680x)
Barbara Fried, mother of FTX founder Sam Bankman-Fried, arrives at Manhattan Federal Court, Thursday, March. 28, 2024, in New York. (AP Photo/Eduardo Munoz Alvarez)
![Mary Altaffer FILE - FTX founder Sam Bankman-Fried leaves Federal court on July 26, 2023, in New York. The former crypto mogul faces the potential of decades in prison when he is sentenced Thursday, March 28, 2024, for his role in the 2022 collapse of FTX, once one of the world's most popular platforms for trading digital currency. (AP Photo/Mary Altaffer, File)](https://mapi.associatedpress.com/v2/items/dd681cd91dc340a3955fdb387fc0e563/preview/preview.jpg?s=680x)
FILE - FTX founder Sam Bankman-Fried leaves Federal court on July 26, 2023, in New York. The former crypto mogul faces the potential of decades in prison when he is sentenced Thursday, March 28, 2024, for his role in the 2022 collapse of FTX, once one of the world's most popular platforms for trading digital currency. (AP Photo/Mary Altaffer, File)
![Elizabeth Williams In this courtroom sketch, Sam Bankman-Fried sits during his sentencing in Manhattan federal court, Thursday, March 28, 2024, in New York. Crypto entrepreneur Bankman-Fried was sentenced Thursday to 25 years in prison for a massive fraud that unraveled with the collapse of FTX, once one of the world's most popular platforms for exchanging digital currency. (Elizabeth Williams via AP)](https://mapi.associatedpress.com/v2/items/72b3e6bc411741c385f600eba4219458/preview/preview.jpg?s=680x)
In this courtroom sketch, Sam Bankman-Fried sits during his sentencing in Manhattan federal court, Thursday, March 28, 2024, in New York. Crypto entrepreneur Bankman-Fried was sentenced Thursday to 25 years in prison for a massive fraud that unraveled with the collapse of FTX, once one of the world's most popular platforms for exchanging digital currency. (Elizabeth Williams via AP)
![Elizabeth Williams In this courtroom sketch, Sam Bankman-Fried, second from right, stands while making a statement during his sentencing in Manhattan federal court, Thursday, March. 28, 2024, in New York. Crypto entrepreneur Bankman-Fried was sentenced Thursday to 25 years in prison for a massive fraud that unraveled with the collapse of FTX, once one of the world's most popular platforms for exchanging digital currency. (Elizabeth Williams via AP)](https://mapi.associatedpress.com/v2/items/06ae37202c9348398de8cfa025ea9654/preview/preview.jpg?s=680x)
In this courtroom sketch, Sam Bankman-Fried, second from right, stands while making a statement during his sentencing in Manhattan federal court, Thursday, March. 28, 2024, in New York. Crypto entrepreneur Bankman-Fried was sentenced Thursday to 25 years in prison for a massive fraud that unraveled with the collapse of FTX, once one of the world's most popular platforms for exchanging digital currency. (Elizabeth Williams via AP)
![Eduardo Munoz Alvarez Barbara Fried and Joseph Bankman, left, parents of FTX founder Sam Bankman-Fried exit the Manhattan Federal Court, Thursday, March 28, 2024, in New York. Crypto entrepreneur Sam Bankman-Fried was sentenced Thursday to 25 years in prison for a massive fraud that unraveled with the collapse of FTX, once one of the world’s most popular platforms for exchanging digital currency. (AP Photo/Eduardo Munoz Alvarez)](https://mapi.associatedpress.com/v2/items/23c4a94670ad4189afe3ae2075646c96/preview/preview.jpg?s=680x)
Barbara Fried and Joseph Bankman, left, parents of FTX founder Sam Bankman-Fried exit the Manhattan Federal Court, Thursday, March 28, 2024, in New York. Crypto entrepreneur Sam Bankman-Fried was sentenced Thursday to 25 years in prison for a massive fraud that unraveled with the collapse of FTX, once one of the world’s most popular platforms for exchanging digital currency. (AP Photo/Eduardo Munoz Alvarez)
![Eduardo Munoz Alvarez Barbara Fried, mother of FTX founder Sam Bankman-Fried arrives at Manhattan Federal Court, Thursday, March. 28, 2024, in New York. (AP Photo/Eduardo Munoz Alvarez)](https://mapi.associatedpress.com/v2/items/f4a224153c9942e1be6c8d54466379a8/preview/preview.jpg?s=680x)
Barbara Fried, mother of FTX founder Sam Bankman-Fried arrives at Manhattan Federal Court, Thursday, March. 28, 2024, in New York. (AP Photo/Eduardo Munoz Alvarez)
![Eduardo Munoz Alvarez Barbara Fried and Joseph Bankman, parents of FTX founder Sam Bankman-Fried, arrive at Manhattan Federal Court, Thursday, March. 28, 2024, in New York. (AP Photo/Eduardo Munoz Alvarez)](https://mapi.associatedpress.com/v2/items/465b9c41c9454c36877a142323b2ee8a/preview/preview.jpg?s=680x)
Barbara Fried and Joseph Bankman, parents of FTX founder Sam Bankman-Fried, arrive at Manhattan Federal Court, Thursday, March. 28, 2024, in New York. (AP Photo/Eduardo Munoz Alvarez)
![Elizabeth Williams In this courtroom sketch, Judge Lewis Kaplan speaks from the bench during the sentencing of Sam Bankman Fried in Manhattan federal court, Thursday, March. 28, 2024, in New York. Crypto entrepreneur Bankman-Fried was sentenced Thursday to 25 years in prison for a massive fraud that unraveled with the collapse of FTX, once one of the world's most popular platforms for exchanging digital currency. (Elizabeth Williams via AP)](https://mapi.associatedpress.com/v2/items/d57755ea2be24ebc9a48b4d824c3513f/preview/preview.jpg?s=680x)
In this courtroom sketch, Judge Lewis Kaplan speaks from the bench during the sentencing of Sam Bankman Fried in Manhattan federal court, Thursday, March. 28, 2024, in New York. Crypto entrepreneur Bankman-Fried was sentenced Thursday to 25 years in prison for a massive fraud that unraveled with the collapse of FTX, once one of the world's most popular platforms for exchanging digital currency. (Elizabeth Williams via AP)
![Eduardo Munoz Alvarez Barbara Fried and Joseph Bankman, parents of FTX founder Sam Bankman-Fried, exit the Manhattan Federal Court, Thursday, March 28, 2024, in New York. Crypto entrepreneur Sam Bankman-Fried was sentenced Thursday to 25 years in prison for a massive fraud that unraveled with the collapse of FTX, once one of the world’s most popular platforms for exchanging digital currency. (AP Photo/Eduardo Munoz Alvarez)](https://mapi.associatedpress.com/v2/items/3df66f8e3a934e5996789fa78573c08a/preview/preview.jpg?s=680x)
Barbara Fried and Joseph Bankman, parents of FTX founder Sam Bankman-Fried, exit the Manhattan Federal Court, Thursday, March 28, 2024, in New York. Crypto entrepreneur Sam Bankman-Fried was sentenced Thursday to 25 years in prison for a massive fraud that unraveled with the collapse of FTX, once one of the world’s most popular platforms for exchanging digital currency. (AP Photo/Eduardo Munoz Alvarez)
![Eduardo Munoz Alvarez Barbara Fried, mother of FTX founder Sam Bankman-Fried, arrives at Manhattan Federal Court, Thursday, March. 28, 2024, in New York. (AP Photo/Eduardo Munoz Alvarez)](https://mapi.associatedpress.com/v2/items/220f90e50255498dbbe5a2e9e14a954b/preview/preview.jpg?s=680x)
Barbara Fried, mother of FTX founder Sam Bankman-Fried, arrives at Manhattan Federal Court, Thursday, March. 28, 2024, in New York. (AP Photo/Eduardo Munoz Alvarez)
![Eduardo Munoz Alvarez Joseph Bankman, father of FTX founder Sam Bankman-Fried, exits the Manhattan Federal Court, Thursday, March. 28, 2024, in New York. Crypto entrepreneur Sam Bankman-Fried was sentenced Thursday to 25 years in prison for a massive fraud that unraveled with the collapse of FTX, once one of the world’s most popular platforms for exchanging digital currency. (AP Photo/Eduardo Munoz Alvarez)](https://mapi.associatedpress.com/v2/items/0a967551d7ff43b084d50d1e84f8b02b/preview/preview.jpg?s=680x)
Joseph Bankman, father of FTX founder Sam Bankman-Fried, exits the Manhattan Federal Court, Thursday, March. 28, 2024, in New York. Crypto entrepreneur Sam Bankman-Fried was sentenced Thursday to 25 years in prison for a massive fraud that unraveled with the collapse of FTX, once one of the world’s most popular platforms for exchanging digital currency. (AP Photo/Eduardo Munoz Alvarez)
![Eduardo Munoz Alvarez Barbara Fried, center, and Joseph Bankman, parents of FTX founder Sam Bankman-Fried exit the Manhattan Federal Court, Thursday, March 28, 2024, in New York. Crypto entrepreneur Sam Bankman-Fried was sentenced Thursday to 25 years in prison for a massive fraud that unraveled with the collapse of FTX, once one of the world’s most popular platforms for exchanging digital currency. (AP Photo/Eduardo Munoz Alvarez)](https://mapi.associatedpress.com/v2/items/e28eda7d5b2c44a996cfaa32444caa55/preview/preview.jpg?s=680x)
Barbara Fried, center, and Joseph Bankman, parents of FTX founder Sam Bankman-Fried exit the Manhattan Federal Court, Thursday, March 28, 2024, in New York. Crypto entrepreneur Sam Bankman-Fried was sentenced Thursday to 25 years in prison for a massive fraud that unraveled with the collapse of FTX, once one of the world’s most popular platforms for exchanging digital currency. (AP Photo/Eduardo Munoz Alvarez)
![Elizabeth Williams Sam Bankman-Fried, second from right, stands flanked by his attorneys, Marc Mukasy, left, and Torrey Young, right, while Judge Kaplan announces his sentence in Manhattan federal court, Thursday, March. 28, 2024, in New York. Crypto entrepreneur Bankman-Fried was sentenced Thursday to 25 years in prison for a massive fraud that unraveled with the collapse of FTX, once one of the world's most popular platforms for exchanging digital currency. (Elizabeth Williams via AP)](https://mapi.associatedpress.com/v2/items/c48f526a6be64ae8a23ac626b1e0fec5/preview/preview.jpg?s=680x)
Sam Bankman-Fried, second from right, stands flanked by his attorneys, Marc Mukasy, left, and Torrey Young, right, while Judge Kaplan announces his sentence in Manhattan federal court, Thursday, March. 28, 2024, in New York. Crypto entrepreneur Bankman-Fried was sentenced Thursday to 25 years in prison for a massive fraud that unraveled with the collapse of FTX, once one of the world's most popular platforms for exchanging digital currency. (Elizabeth Williams via AP)
![Eduardo Munoz Alvarez Barbara Fried and Joseph Bankman, parents of FTX founder Sam Bankman-Fried, exit the Manhattan Federal Court, Thursday, March. 28, 2024, in New York. Crypto entrepreneur Sam Bankman-Fried was sentenced Thursday to 25 years in prison for a massive fraud that unraveled with the collapse of FTX, once one of the world’s most popular platforms for exchanging digital currency. (AP Photo/Eduardo Munoz Alvarez)](https://mapi.associatedpress.com/v2/items/8bdee5a792334dd4b89d765e88e1d851/preview/preview.jpg?s=680x)
Barbara Fried and Joseph Bankman, parents of FTX founder Sam Bankman-Fried, exit the Manhattan Federal Court, Thursday, March. 28, 2024, in New York. Crypto entrepreneur Sam Bankman-Fried was sentenced Thursday to 25 years in prison for a massive fraud that unraveled with the collapse of FTX, once one of the world’s most popular platforms for exchanging digital currency. (AP Photo/Eduardo Munoz Alvarez)
![Eduardo Munoz Alvarez Barbara Fried and Joseph Bankman, parents of FTX founder Sam Bankman-Fried, exit the Manhattan Federal Court, Thursday, March. 28, 2024, in New York. (AP Photo/Eduardo Munoz Alvarez)](https://mapi.associatedpress.com/v2/items/7319a95fb5b942d68acb17aac91238f1/preview/preview.jpg?s=680x)
Barbara Fried and Joseph Bankman, parents of FTX founder Sam Bankman-Fried, exit the Manhattan Federal Court, Thursday, March. 28, 2024, in New York. (AP Photo/Eduardo Munoz Alvarez)
![Eduardo Munoz Alvarez Barbara Fried , mother of FTX founder Sam Bankman-Fried, exits the Manhattan Federal Court, Thursday, March 28, 2024, in New York. Crypto entrepreneur Sam Bankman-Fried was sentenced Thursday to 25 years in prison for a massive fraud that unraveled with the collapse of FTX, once one of the world’s most popular platforms for exchanging digital currency. (AP Photo/Eduardo Munoz Alvarez)](https://mapi.associatedpress.com/v2/items/2f9aef774d094d36bb8b6291316fc16a/preview/preview.jpg?s=680x)
Barbara Fried , mother of FTX founder Sam Bankman-Fried, exits the Manhattan Federal Court, Thursday, March 28, 2024, in New York. Crypto entrepreneur Sam Bankman-Fried was sentenced Thursday to 25 years in prison for a massive fraud that unraveled with the collapse of FTX, once one of the world’s most popular platforms for exchanging digital currency. (AP Photo/Eduardo Munoz Alvarez)