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SAM BANKMAN

Sam Bankman-Fried, co-founder of FTX, has been handed a 25-year prison sentence for his role in the collapse of the cryptocurrency exchange, culminating a high-profile case that has rocked the crypto industry. As part of the sentencing, Judge Kaplan ordered Bankman-Fried to forfeit more than $11 billion, showing the magnitude of the financial damage caused by his actions.