Trippier was found guilty of misconduct by the English Football Association after an investigation into alleged gambling offences occurring in July 2019, which was carried out by an independent regulatory commission.
It was orginally claimed that Trippier had breached seven betting laws, and four of those instances have now been proven, with a two-and-a-half month suspension and a hefty financial penalty dished out to the 30-year-old on Wednesday.
An official statement on the FA's website reads: "Kieran Trippier has been suspended for ten weeks and fined £70,000, following misconduct in relation to breaches of The FA’s Betting Rules.
"The Atletico Madrid defender denied seven alleged breaches of FA Rule E8(1)(b), which were said to occur during July 2019, and requested a personal hearing.
"An independent regulatory commission was appointed to hear the case, with four of the alleged breaches found proven and three dismissed during a subsequent personal hearing.
"The independent regulatory commission’s written reasons for its decisions and the associated sanction will be published in due course.
"The suspension, which includes all football and football-related activity, is effective worldwide from today (Wednesday 23 December 2020) following an application to FIFA."
Trippier will be forced to miss a total of 12 games for Atletico in the second half of the season, including the first leg of a round-of-16 Champions League tie against Chelsea at Wanda Metropolitano on February 23.
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