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- #Over 100 Companies Hold Over 830,000 BTC#
According to reports as of June 19, more than 100 companies collectively hold over 830,000 BTC, worth about $86.476 billion.
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💰 Total reserves: $10.453B
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SBF's sentence reduced by more than 4 years, expected to be released on December 14, 2044.
Gate News bot message, SBF was sentenced to 25 years in prison in March 2024 for Crypto Assets fraud. If circumstances do not change, he will be released more than four years early.
He was initially held at the Metropolitan Detention Center in Brooklyn. There, he shared a dormitory room with Sean "Diddy" Combs and unexpectedly gave an interview to Tucker Carlson in March, which led to his crisis manager resigning.
According to the Bureau of Prisons, SBF was later transferred to FCI-Terminal Island prison located in San Pedro, California, which houses 850 low-security male inmates.
The U.S. Supreme Court estimates that SBF will be released on December 14, 2044, less than 21 years after his sentencing.
A spokesperson stated that the release date is calculated based on the anticipated "good behavior time." The bureau indicated that eligible inmates can earn a reduction of 54 days for each year served. Incarcerated individuals can also reduce their time by participating in certain programs offered by the prison.
"Finally, the individual's time in custody prior to the judgment date may also be subject to a reduction in sentence," the spokesperson pointed out.
In addition, SBF's ex-girlfriend and accomplice Caroline Ellison will be released in May 2026.
Source: Business Insider