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by: xpoolPosted on: May 26, 2025

Sam Bankman-Fried’s Sentence Reduced: Implications for Crypto Market Remain Minimal

Sam Bankman-Fried, the former CEO of FTX and Alameda Research, saw his sentence reduced from 25 years to around 21 years. This reduction, based on good conduct and time already served, marks a significant change in his legal proceedings. However, the impact on the crypto market remains minimal, with no immediate effects on associated cryptocurrencies such as FTT or Solana.

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