Coin Edition
2025-08-08 13:30:00

FTX Top Creditor Activist Recounts Sam Bankman-Fried’s 25-Year Sentencing

Sunil Kavuri traveled to NYC to represent FTX creditors at SBF’s sentencing. Judge Kaplan gave SBF 25 years, citing evasive testimony and risky behavior. Over 200 victim statements detailed devastating emotional and financial loss. FTX creditor activist Sunil Kavuri has shared his courtroom experience from Sam Bankman-Fried’s sentencing on March 28, 2024, as the convicted founder’s appeal, scheduled for November 3, 2025, draws closer. Kavuri traveled from London to New York to represent FTX creditors worldwide at the sentencing hearing. Judge Lewis Kaplan delivered a 25-year prison sentence after criticizing Bankman-Fried’s trial testimony and risk-taking behavior. The judge referenced Bankman-Fried’s willingness to “coin flip for the survival of the human race” and compared his actions to stealing money for gambling in Las Vegas before returning stolen funds. Courtroom Atmosphere Limited Public Access The sentencing occurred in a small courtroom accommodating approximately 60-70 people maximum, and most seats were reserved for legal teams and participants. Only 20-30 members of the public could observe the proceedings, with journalists required to … The post FTX Top Creditor Activist Recounts Sam Bankman-Fried’s 25-Year Sentencing appeared first on Coin Edition .

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