What if the man behind crypto’s biggest collapse gets out early—while victims are still waiting for their payouts?
Key Highlights:
- Sam Bankman-Fried’s 25-year sentence could shrink to 21 years, with a projected release date of December 14, 2044, thanks to good behavior credits.
- FTX creditors will begin partial payouts on May 30, 2025, with 72.5% of validated claims going out through BitGo and Kraken.
Yello Paradisers! Yes, you read that right. The mastermind behind FTX’s $11 billion fraud, sentenced to 25 years, could be out of prison four years early. Why?
Federal rules allow inmates to earn credits for good conduct and educational programs, shaving off time from their sentences.
SBF has already been moved from Brooklyn’s notorious Metropolitan Detention Center to California’s low-security FCI Terminal Island, where conditions are easier, and his lawyers are working every angle—including, reportedly, a long-shot pardon bid from Donald Trump (despite SBF’s Democratic ties).
Meanwhile, FTX Victims Finally See a Glimmer of Payback
While SBF counts down the days to an early release, FTX’s shattered customer base is just now lining up for partial repayments. Starting May 30, 2025, eligible creditors will get 72.5% of their claims in the first payout round, using BitGo and Kraken as distribution channels.
But here’s the kicker:
The remaining funds—and any extra interest—will only come in future phases, leaving many victims stuck in limbo while the man who wrecked their portfolios potentially walks free years ahead of schedule.
Are You Ready for the Next Chapter?
We’ll unpack how SBF’s prison maneuvering, Trump pardon rumors, and the FTX payout schedule could ripple across market sentiment in our next MCP YouTube stream.
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