SBF Trial

Ellison cooperated with authorities but will forfeit $11 billion and serve time at a minimum-security facility.

After a concise hearing, a judge sentenced Sam Bankman-Fried to a quarter-century behind bars. Despite efforts to secure leniency, Bankman-Fried faces a significant 25-year prison term due to his involvement in the collapse of the FTX exchange and Alameda Research trading firm.