Sam Bankman-Fried, the disgraced founder of FTX, has had his 25-year prison sentence reduced by more than four years due to good conduct and program participation, with a projected release in December 2044. Sam Bankman-Fried (SBF), the former CEO of the collapsed cryptocurrency exchange FTX, has received a notable reduction in his prison sentence. Originally sentenced to 25 years in March 2024 for orchestrating an $11 billion fraud, SBF’s sentence has been cut by over four years due to accumulated “Good Conduct Time” and his participation in prison programs.