Sam Bankman-Fried

Prosecutors say FTX’s Sam Bankman-Fried should get 40 to 50 years in prison

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Prosecutors say FTX’s Sam Bankman-Fried should get 40 to 50 years in prison

Sam Bankman-Fried, the disgraced founder and former CEO of the cryptocurrency exchange FTX, should receive between 40 and 50 years in prison for his role in one of the biggest cases of financial fraud in U.S. history, federal prosecutors said Friday. Bankman-Fried was convicted in November on seven counts of fraud and conspiracy, namely stealing … Read more

FTX fraudster Sam Bankman-Fried seeks less than 7 years in prison

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FTX fraudster Sam Bankman-Fried seeks less than 7 years in prison

Sam Bankman-Fried, co-founder of FTX Cryptocurrency Derivatives Exchange, arrives at court in New York, US, on Thursday, Feb. 16, 2023. Stephanie Keith | Bloomberg | Getty Images Lawyers for Sam Bankman-Fried are asking a judge for a relatively short sentence like “junk bond king” Michael Milken instead of the 100 years that a presentence investigation … Read more