by: xpoolPosted on:

Sam Bankman-Fried’s Prison Sentence Shortened by Four Years

Sam Bankman-Fried, the former FTX CEO who was convicted of fraud, has had his prison sentence reduced significantly. His original 25-year sentence will now end in December 2044 after a four-year reduction based on good behavior credits and rehabilitation participation. The Bureau of Prisons confirmed this change as part of standard federal sentencing guidelines. His new release date is set for FCI Terminal Island, California, known for its relatively low security environment.

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