He was convicted of wire fraud, conspiracy to commit wire fraud, securities fraud, commodities fraud, and  money laundering. He was sentenced to 25 years in prison and ordered to forfeit 11 BILLION DOLLARS! He was the center of one of the most notorious white collar crimes ever committed in the United States of America. They call him the Bernie Madoff of Crypto. This is the rise and fall of Sam Bankman-Fried & FTX.

----

Research Sources:

“Going Infinite” - Mike Lewis

DOJ Press Release

VOX Article