Sam Bankman-Fried stands before US district judge Lewis Kaplan as he is sentenced to 25 years in prison in New York on 28 March 2024.Sam Bankman-Fried stands before US district judge Lewis Kaplan as he is sentenced to 25 years in prison in New York on 28 March 2024.
During the sentencing, Kaplan described Bankman-Fried as a calculating math genius who sought power and influence while knowingly committing wrongdoing. Although Bankman-Fried apologized for the fall of, saying he “made a series of bad decisions”, Kaplan stated that there was “never a word of remorse” for his crimes.
“Sam Bankman-Fried doesn’t make decisions with malice in his heart. He makes decisions with math in his head,” Mukasey said. “Never seen a performance quite like that,” Kaplan said, adding that he saw a risk that Bankman-Fried would commit more wrongdoing in future if he was able.that Bankman-Fried, 32, showed a lack of remorse for his crimes while leading a life of “unmatched greed and hubris”. In a statement after the sentencing, federal prosecutor Damian Williams said Bankman-Fried’s sentence sent “an important message” and would “prevent the defendant from ever again committing fraud”.
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