_x000D_Screenshot: Bloomberg Markets and Finance – YouTube

What was a significant component of Sam Bankman-Fried’s sentencing for FTX crimes?

Sam Bankman-Fried, the former CEO of FTX, was sentenced to 25 years behind bars. Additionally, the judge slapped him with a $11 billion forfeiture order—yes, you read that right—billion with a ‘B.’ This order isn’t just about emptying his pockets; it guarantees that if he ever makes a comeback, his earnings won’t fill his new crypto wallet but will be directed toward victims and the US Treasury.