Prosecutors are hoping to put the FTX cryptocurrency exchange scammer away for decades Prosecutors in the fraud case against Sam Bankman-Fried are seeking a 40 to 50-year sentence for the former CEO of the bankrupt FTX cryptocurrency exchange. He faces up to 110 years for his role in the company’s illegal activities. The prosecution’s 116-page
The scammer and FTX cryptocurrency exchange founder is pleading for mercy Attorneys for Sam “SBF” Bankman-Fried have filed a request in the US District Court for the Southern New York District for a prison sentence of between five and a quarter and six and a half years for their client. The former CEO of the
The cryptocurrency conman will have to remain behind bars as his legal team fights for his release FTX cryptocurrency exchange founder and convicted felon Sam Bankman-Fried will remain behind bars after attempts to persuade a US appellate court that he should be released during his legal team’s appeals process have failed. The November 21 ruling
The jury didn’t take long to return its verdict on several charges The former head of FTX crypto exchange, Sam Bankman-Fried, faces decades behind bars after being convicted of seven criminal charges, including securities fraud, money laundering and wire fraud, after the jury deliberated for five hours. Prosecutors aimed to demonstrate that Bankman-Fried was the
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