Sam Bankman-Fried will appeal his 25-year sentence – as it happened

This live blog is now closed. For more on the FTX founder's sentencing, read our full report:

• Sam Bankman-Fried sentenced to 25 years in prison

Sam Bankman-Fried's parents are in the courtroom to witness their son's sentencing.

Joseph Bankman and Barbara Fried are both law professors at Stanford University, the former of tax law and the latter of legal ethics. Bankman-Fried said they were not involved in any of the relevant parts" of FTX's operation.