Sam Bankman-Fried

Case file

Charge

Wire fraud, conspiracy

Facility

FCI Terminal Island

Era

Current system

Years held

2023–

Background

• Founder of the FTX exchange and Alameda Research, charged in December 2022 after FTX collapsed and customer funds went missing.
• Released in New York on a $250 million bond — widely reported as the largest pretrial bond in U.S. history — then returned to custody in 2023 over witness-tampering concerns.
• Convicted in November 2023 on seven counts of fraud and conspiracy and sentenced to 25 years in March 2024; an appeal is pending.

Files & sources

Public records and reference material. Links open official filings, government pages and encyclopedic summaries — not this project's commentary.

• Charges and conviction announcementsU.S. Attorney's Office, S.D.N.Y.court record
• SEC complaint against Bankman-FriedU.S. Securities and Exchange Commissiongovernment
• Case overviewWikipediareference

Bail escrow

2.0% of every trade splits into this escrow. Payouts require a holder vote and a verified legal recipient.