Prosecutors Want FTX Founder Sam Bankman-Fried Behind Bars for Decades
Prosecutors have asked a federal judge to throw the book at FTX founder Sam Bankman-Fried, with charging documents revealing Friday they’ve asked for a sentence between 40 to 50 years for the disgraced crypto mogul.
The ask comes months after Bankman-Fried, 31, was found guilty of seven fraud and conspiracy counts—crimes that, under federal guidelines, could have landed him in prison for up to 110 years.
“Justice requires that he receive a prison sentence commensurate with the extraordinary dimensions of his crimes,” prosecutors wrote in a 116-page sentencing memo.