In a dramatic fall from grace, Sam Bankman-Fried, the former billionaire crypto prodigy, has been Sentenced to 25 years in federal prison for his role in the spectacular collapse of the FTX exchange. The sentencing by Judge Lewis Kaplan of the Southern District of New York marks a sobering end to Bankman-Fried’s meteoric rise and serves as a cautionary tale for the largely unregulated cryptocurrency industry.