'Not nearly long enough': World reacts to SBF's 25-year prison sentence

Former FTX CEO Sam Bankman-Fried was sentenced on Thursday to 25 years in prison for his role in the FTX fraud case. He has also been ordered to forfeit $11 billion, meaning he is on the hook for any unrecovered funds in the bankruptcy process.

Dan Held, a general partner at Asymmetric, said the judgment was “Not nearly long enough given his actions, feelings around his actions, and actual damage caused.” Nic Carter, a partner at Castle Island Ventures, added, “I just feel tremendous pain and sympathy for Ross Ulbricht.” Others compared the sentencing to the current trial of Alexey Pertsev, who is facing a 5-year sentence regarding his involvement with Tornado Cash. “Doesn’t it drive you mad SBF defrauds the whole world and gets 25 Pertsev on trial for writing a smart contract and is treated the same way or worse,” said Seraphim Czecker, head of growth at Ethena Labs.Bankman-Fried's sentencing may be the end of this chapter for the crypto industry, said multiple pundits.

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