In the SBF trial ruling, disgraced FTX Founder Sam Bankman-Fried was sentenced to 25 years in prison. Moreover, he has been imposed with supervised release as part of a comprehensive judgment in a high-profile fraud case. The ruling, handed down by U.S. District Judge Lewis A. Kaplan, denotes that Bankman-Fried will be eligible for 21 years of supervised release.
Sam Bankman-Fried’s Supervised Release Terms
Sam Bankman-Fried, known for being the CEO of bankrupt crypto exchange FTX, was found guilty of multiple offenses. These offenses include wire fraud, wire fraud conspiracy, securities fraud conspiracy, commodities fraud conspiracy, and money laundering conspiracy.
These charges stem from his actions, which the court ruling determined constituted a deliberate scheme to defraud. One of the central aspects of Bankman-Fried’s sentencing is the imposition of supervised release for a term of three years on each of the counts. This means that upon release from prison, he will be subjec
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