Sam Bankman-Fried, once a billionaire crypto prodigy and the second-richest man in the crypto industry in 2022, has been sentenced to a 25-year federal prison term for fraud and conspiracy. His rapid descent from fame to infamy culminated in a conviction that shocked many, revealing his brazen bets and general indifference to the law. Following his sentencing, Bankman-Fried has broken his silence, stating he is 'haunted' by the collapse of FTX and vowing to appeal his conviction. He criticized the legal process and claimed he never thought his actions at FTX were illegal. His case was notably expedited due to a coder's cooperation with prosecutors.