Sam Bankman-Fried is about to get sentenced for his FTX crimes. Here's what to know
Prosecutors are asking for 40 to 50 years, citing the severity of Bankman-Fried's crimes. Lawyers of the disgraced former head of FTX are asking for far less.
by Rafael Nam
Mar 28, 2024
2 minutes
Crypto wunderkind Sam Bankman-Fried is about to learn his fate.
In November, the former FTX chief executive was convicted of seven counts of fraud over the collapse of a crypto exchange that was once seen as one of the key players in the world of finance.
The sweeping conviction marked a stunning fall for the 32-year old former CEO who once hobnobbed with celebrities like quarterback Tom Brady and shared
You’re reading a preview, subscribe to read more.
Start your free 30 days