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founderexecutive

Sam Bankman-Fried

Co-founder and former CEO of FTX, sentenced to 25 years in prison

Co-founder and former CEO, FTX · Co-founder, Alameda Research

Background

Sam Bankman-Fried is an American entrepreneur convicted of fraud.

He founded the FTX cryptocurrency derivatives exchange in April 2019.

On March 28, 2024, he was sentenced to 25 years in prison.

Key facts

Born: March 5, 1992, in Stanford, Californiasource
Sentence: 25 years in prisonsource
Forfeiture: over $11 billion in forfeituresource
Trial: Found guilty following a one-month trialsource
Prosecutors' figure: Defrauded investors in FTX of more than $1.7 billionsource

WYDE coverage of Sam Bankman-Fried

The Creator Economy Crossed $1 Billion, the CLARITY Act Died in the Senate, and Everyday Money Kept Ending Hunger. Over 70,600 Meals.

Sep 19, 2026 · 7 min read

Sam Bankman-Fried Asks the Supreme Court to Void His Fraud Conviction and $11 Billion Forfeiture

Sep 13, 2026 · 2 min read

The CFTC Closes Its FTX Cases With Five-Year Trading Bans for Caroline Ellison and Gary Wang and No Fines

Aug 21, 2026 · 2 min read

Visa built stablecoin rails, Wyoming set a giving record, and the EAT Card hit the App Store. Over 60,000 meals.

Jul 18, 2026 · 6 min read

The US Senate Votes Unanimously to Oppose Any Pardon for Sam Bankman-Fried

Jul 16, 2026 · 2 min read

Sources

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