Sam Bankman-Fried, commonly know as the "Crypto King" and "The Golden Boy" who was the founder of FTX exchange, was convicted and sentenced to 25 years in prison for for defrauding customers and investors. A New York court gave away that sentence. Further, he needs to forfeit $11bn to compensate victims.
He was one of the youngest billionaire, a billionaire in early 20s, greed and risking people money without consent led him to being sent to jail at the age of 32.
There were clamors for 100 years in jail terms but Sam has built connections and he has the money to use for shorter jail terms, I don't think that 25 years will be spent on his jail term he will be released possibly on his 10th year because of fixed good moral and of course his old alibi of his disorder.
He can do that because of his money, and once he is released he can enjoy his life again because of the leftover money that I'm sure is still hidden and he can enjoy it for the rest of his life.
Sam Bankman-Fried gave us one big lesson always check the platform where we are putting our money, and don't trust centralized entities with a huge amount of money that equals your fortune in life even if the profit is very good.