Sam Bankman-Fried: 25-year sentence for the FTX founder, and his case is now at the Supreme Court

The information provided in this article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments carry a high degree of risk. Always conduct your own research.Sam Bankman-Fried moved billions in FTX customer funds to Alameda Research and is serving 25 years in prison for it. After his failed appeal, his case sits with the Supreme Court, while FTX customers receive 105 percent of their 2022 dollar claims.Add as a preferred source on GoogleFollow on Google NewsSam Bankman-Fried is the founder of the crypto exchange FTX and has been serving a 25-year prison sentence since 2024. A jury in Manhattan found him guilty on seven counts in November 2023 for moving billions in FTX customer funds to his trading firm Alameda Research. In June 2026, a US appeals court upheld the verdict, and since September his petition has been with the Supreme Court. For investors in Europe the case is more than a courtroom story: it shows why a balance on an exchange is, legally, a claim against the operator, and why the EU's MiCA regulation requires customer funds to be held separately. This overview traces Bankman-Fried's path, from celebrated founder to faile...