- Samuel Benjamin Bankman-Fried (born March 5, 1992), commonly known as SBF, is an American entrepreneur who was convicted of fraud and related crimes in November 2023. Bankman-Fried founded the FTX cryptocurrency exchange and was celebrated as a “poster boy” for crypto, with FTX having a global reach with more than 130 international affiliates. At the peak of his net worth, he was ranked the 41st-richest American in the Forbes 400.
- Samuel Benjamin Bankman-Fried was born on March 5, 1992, to upper-class Jewish parents in Stanford, California.
- On January 3, 2023, Bankman-Fried pled “not guilty” to fraud and the other charges.
- On March 28, 2024, the court sentenced Bankman-Fried to 25 years in prison.
- The trial began on October 3, 2023, at the Daniel Patrick Moynihan United States Courthouse in Manhattan, presided over by Judge Lewis Kaplan.
- The trial ended on November 2, 2023, with the jury pronouncing Bankman-Fried guilty on all seven counts.
- On December 12, 2022, Bankman-Fried was arrested shortly after 6:00 p.m. in his apartment complex in New Providence, Bahamas, by the Royal Bahamas Police Force, with the expectation that he would be extradited to the United States to face trial.
