In this courtroom sketch, Sam Bankman-Fried, center, makes notes during his sentencing hearing in March 2024.
In this courtroom sketch, Sam Bankman-Fried is seen during his sentencing hearing.
  • Sam Bankman-Fried was sentenced Thursday to 25 years in prison.
  • Ahead of the sentencing, the fallen crypto king admitted that he "failed" and apologized.
  • He expressed remorse for his former colleagues at his now-bankrupt cryptocurrency exchange FTX.

Fallen cryptocurrency king Sam Bankman-Fried spoke out Thursday in a Manhattan federal courtroom ahead of being sentenced to 25 years behind bars, apologizing to FTX customers who had lost their life savings and the employees who had followed him "across the Earth" before he let them down.