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Sam Bankman-Fried, who was found guilty last fall of defrauding FTX client of $20 billion, was sentenced today.

Crypto entrepreneur Sam Bankman-Fried was sentenced Thursday to 25 years in prison for a massive fraud that unravelled with the collapse of FTX, once one of the world's most popular platforms for exchanging digital currency.

Sam Bankman-Fried, a former cryptocurrency billionaire, has been sentenced to 25 years in prison for what federal prosecutors deem one of the largest financial frauds in U.S. history. Bankman-Fried's rise to prominence began when he founded a cryptocurrency hedge fund, Alameda Research, in 2017, followed by the establishment of the FTX exchange in 2019.

Crypto entrepreneur Sam Bankman-Fried was sentenced to 25 years in prison for a massive fraud that unraveled with the collapse of FTX.

Kaplan says many facts are not disputed, including that SBF had "an exceptionally privileged background."