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What outcomes can be attributed to Sam Bankman-Fried?

Sam Bankman-Fried

Former cryptocurrency executive who co-founded Alameda Research and founded and led the FTX exchange, and who was convicted of fraud and conspiracy offences in 2023.

Independently verifiedOutcomes at a glance

2 documented outcomes: 1 independently verified, 1 delivered.

FTX/Alameda losses cited at sentencing

Independently verified

About $8 billion customer losses, $1.7 billion investor losses and $1.3 billion lender losses

Role
Founder and CEO of FTX; convicted defendant
Reported by
U.S. District Judge Lewis A. Kaplan at sentencing (as reported)

Sources 1

FTX bankruptcy creditor distributions

Delivered

About $10 billion distributed since the Nov 2022 filing by July 2026; fifth round about $900 million from 31 Jul 2026; convenience claims under $50,000 at 120%, other claims 103-105%

Role
Founder of the debtor companies (no role in the bankruptcy administration)
Reported by
FTX Recovery Trust (as reported by Cointelegraph)

Sources 2 3

Reports and evaluations

  1. SecondaryAppeals court upholds FTX co-founder Sam Bankman-Fried's fraud convictionInvestment Executive (AP report) · 12 Jun 2026
  2. PrimaryFTX Sets Next Distribution Date and Amends Proposed Disputed Claims Reserve ReductionFTX Trading Ltd. and FTX Recovery Trust (Cision release) · 26 May 2026
  3. SecondaryFTX to distribute millions to creditors in fifth payment roundCointelegraph · 17 Jul 2026

Revisions

26 Oct 2026 Published after review.

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