FTX co-founder Sam Bankman-Fried was sentenced to a total of 300 months, or 25 years, in prison for seven counts of conspiracy and fraud charges stemming from the collapse of the crypto exchange he started. The judge applied a 240-month sentence for four of the charges, plus a 60-month sentence for two others, and ordered that Bankman-Fried forfeit more than $11 billion (including property) as recommended by prosecutors. Judge Lewis Kaplan’s sentence was shorter than the 40 to 50 years requested by prosecutors but longer than the six-and-a-half years Bankman-Fried’s lawyers asked for. Recapping the trial, he said that Bankman-Fried knew FTX was seriously exposed to risk, and that the customer funds weren’t his to use. During Bankman-Fried’s trial, his co-conspirators testified that FTX falsified numbers to make the exchange look safer than it was and gave special secret privileges to Bankman-Fried’s trading fund, Alameda Research, that let it dip into FTX’s customer funds.