New York CNN —
Sam Bankman-Fried on Thursday was sentenced to 25 years in prison, a year and a half after his crypto startup, FTX, imploded practically overnight and set off a massive a federal investigation.
The outcome was not a huge surprise — a prison sentence was all but guaranteed after a jury found Bankman-Fried guilty on seven counts of fraud and conspiracy in November. The only unknown going into court this morning was just how long his sentence would be, a decision that was in the hands of Judge Lewis Kaplan.
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