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FTX founder Sam Bankman-Fried's lawyer asks judge to reject 100-year recommended sentence

  • Lawyers for a defendant are requesting a shorter sentence compared to the 100 years recommended, citing his contributions to society and emphasis on returning funds.
  • The defense team argues against the severe sentence, highlighting the defendant's neurodiversity and requesting consideration for his ADHD in the trial.
  • The filings include letters of support from the defendant's family, a psychiatrist, and others, emphasizing his positive attributes and charitable efforts.
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Sam Bankman-Fried, the founder of the bankrupt crypto exchange FTX, is calling for a much lower prison sentence for his role in fraud at FTX than he currently faces. His lawyers told a US judge that a prison sentence of 63 to 78 months, or a maximum of 6.5 years, would be “appropriate.” Bankman-Fried faces up to 110 years in prison after a jury found him guilty of seven counts of fraud and conspiracy in November.

·Apeldoorn, Netherlands (Kingdom of the)
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Benzinga broke the news in Detroit, United States on Wednesday, February 28, 2024.
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