LiveOpenAI Raises $11 Billion So Far at a $1.25 Trillion Valuation, Short of Its $30 Billion Goal
    WYDE
    Sign inSubscribe
    WYDE Newsroom Submit
    founderexecutive

    Sam Bankman-Fried

    Co-founder and former CEO of FTX, sentenced to 25 years in prison

    Co-founder and former CEO, FTX · Co-founder, Alameda Research

    Background

    Sam Bankman-Fried is an American entrepreneur convicted of fraud.

    He founded the FTX cryptocurrency derivatives exchange in April 2019.

    On March 28, 2024, he was sentenced to 25 years in prison.

    About FTX

    FTX: FTX Trading Ltd. is a bankrupt company that formerly operated a cryptocurrency exchange and crypto hedge fund.

    Key facts

    Born
    March 5, 1992, in Stanford, Californiasource
    Sentence
    25 years in prisonsource
    Forfeiture
    over $11 billion in forfeituresource
    Trial
    Found guilty following a one-month trialsource
    Prosecutors' figure
    Defrauded investors in FTX of more than $1.7 billionsource

    WYDE coverage of Sam Bankman-Fried

    WYDE Newsroom has published 5 articles about Sam Bankman-Fried, from Jul 16, 2026 to Sep 19, 2026. Sam Bankman-Fried is the subject of 5 stories. The most recent is The Creator Economy Crossed $1 Billion, the CLARITY Act Died in the Senate, and Everyday Money Kept Ending Hunger. Over 70,600 Meals..

    WYDE Weekly

    The Creator Economy Crossed $1 Billion, the CLARITY Act Died in the Senate, and Everyday Money Kept Ending Hunger. Over 70,600 Meals.

    MrBeast's next video cost $10 million and the top creators crossed $1 billion, the CLARITY Act failed 49 to 50, tokenized Treasuries opened to 35 million accounts, and creators and restaurants can now get paid to end hunger with the EAT Card.

    Sep 19, 2026 · 7 min read · Subject of the story

    Crypto & DeFi

    Sam Bankman-Fried Asks the Supreme Court to Void His Fraud Conviction and $11 Billion Forfeiture

    The FTX founder's petition argues jurors never heard that customers were repaid, and that the $11.02 billion forfeiture is an unconstitutional excessive fine.

    Sep 13, 2026 · 2 min read · Subject of the story

    Crypto & DeFi

    The CFTC Closes Its FTX Cases With Five-Year Trading Bans for Caroline Ellison and Gary Wang and No Fines

    Consent orders filed Tuesday in the Southern District of New York ended a case opened in December 2022. The CFTC sought no monetary penalty and no disgorgement, citing the pair's cooperation against Sam Bankman-Fried.

    Aug 21, 2026 · 2 min read · Subject of the story

    WYDE Weekly

    Visa built stablecoin rails, Wyoming set a giving record, and the EAT Card hit the App Store. Over 60,000 meals.

    WYDE Weekly: Visa's stablecoin platform, DTCC's first live tokenized trades, the Senate's unanimous no-pardon vote on SBF, WyoGives' record $6.46 million, Lilly's $100 billion endowment, and the EAT Card iOS launch.

    Jul 18, 2026 · 6 min read · Subject of the story

    Crypto & DeFi

    The US Senate Votes Unanimously to Oppose Any Pardon for Sam Bankman-Fried

    The Senate passed a unanimous resolution that FTX founder Sam Bankman-Fried should receive no presidential pardon or commutation, led by Senators Cynthia Lummis and Ruben Gallego after the Changpeng Zhao pardon

    Jul 16, 2026 · 2 min read · Subject of the story

    Reported alongside Sam Bankman-Fried

    Sources

    Follow the money in philanthropy.

    Who gives, who receives, and what it funds. Every week.