Sam Bankman-Fried's Release Date Slashed: Out By 2044!

FTX's Fallen King to Walk Free 4 Years Earlier

Hang onto your hats, crypto fans! The U.S. Bureau of Prisons just dropped a bombshell: Sam Bankman-Fried, the once high-flying CEO of FTX, might be sipping cocktails on a beach by December 2044. That's right, four years earlier than his original 25-year sentence!

Word on the street, courtesy of Business Insider, is that Bankman-Fried is set to be a free man by December 14, 2044. Remember, this is the guy who got slapped with a 25-year sentence after a Manhattan jury nailed him on seven counts of fraud and conspiracy back in March 2024. Talk about a plot twist!

But wait, there's more! His sentence might just shrink to a mere 21 years. How's that possible? Good behavior, my friends. Plus, he's been hitting up prison programs like a boss, and don't forget the time he spent locked up before sentencing. It's all adding up.

Business Insider tried to get the scoop from Bankman-Fried's lawyer, but so far, crickets. No comment from the legal eagle.

So, how do they calculate these release dates? A Bureau of Prisons rep spilled the beans: it's all about "Good Conduct Time." Inmates can rack up 54 days off their sentence for every year they behave. It's like a jailhouse rewards program!

But that's not all. Prisoners can also chop time off by joining in on certain prison programs. And if you're locked up before sentencing? Boom, more time shaved off. Bankman-Fried knows the drill, having been tossed in the clink two months before his trial. Why? He couldn't keep his mouth shut about his ex-girlfriend and former Alameda CEO Caroline Ellis's private writings. Rookie move.

Speaking of Ellis, she's looking at a May 2026 release date. No early bird special for her, sticking to her original two-year sentence.

And in a surprising twist, Bankman-Fried got transferred from the notorious "Victimville" to a much safer, low-security spot in California back in April. No one's saying why, but his lawyers had been pushing for it, citing his autism and squeaky-clean record before all this went down.

Stay tuned, crypto world. This saga is far from over!