
SBF will likely serve 25 years rather than max sentence, former DOJ prosecutor says
Former FTX CEO Sam Bankman-Fried will finally be sentenced in March 2024.

Track FTX news, including bankruptcy updates, creditor repayments, court rulings, asset recovery, and the lasting impact of the collapse.

Several members of the community agreed that the guilty verdict was the right outcome for the case.

The jury reached a guilty verdict on all charges against the former billionaire after a little over four hours of deliberating.

A New York jury has begun deliberations on whether Sam Bankman-Fried committed mass fraud or simply made grave mistakes as a novice CEO.

Solana's SOL is the best-peforming top 20 asset in the last 24 hours.

"This is not about complicated issues of cryptocurrency," the government told the jury. "It's about lies and stealing and greed."

The day's proceedings revolved around scrutinizing SBF's relationship with the Bahamian government, handling customer funds, and transparency issues.



