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Bankman-Fried reportedly hinted at plans for an appeal, citing trial testimony that he claimed misrepresented events and the exclusion of crucial evidence.

Cleaning up the Baltimore bridge collapse won't be quick, easy or inexpensive. Disgraced FTX CEO Sam Bankman-Fried is sentenced to 24 years for fraud.

US District Judge Lewis Kaplan said the defendant, who became known by his initials "SBF," had shown no "real remorse," even in his final pre-sentencing remarks in which the former billionaire rued "a series of bad decisions" but did not acknowledge knowingly violating financial laws.

He was convicted of charges including wire fraud, conspiracy to commit money laundering, and using customer funds for personal expenses such as real estate and political donations.

The disgraced mogul will likely be behind bars for decades.

"He knew it was wrong. He knew it was criminal," Judge Lewis Kaplan said of the convicted crypto fraudster

“There is a risk that this man will be in a position to do something very bad in the future,” the judge said

U.S. prosecutors are seeking 40 to 50 years in prison for Bankman-Fried.

There have been no changes since the ex-mogul’s conviction as lawmakers fail to pass regulations to protect the public