US prosecutors are seeking a 50-year prison sentence for Sam Bankman Fried (SBF), the founder of the bankrupt cryptocurrency exchange FTX.
As the final verdict date for FTX founder Sam Bankman Fried approaches, US prosecutors have stated their expectations regarding the sentence.
by prosecutors March 15 In the file submitted on the day, Bankman Fried 40 to 50 years in prison While he was asked to be sentenced, in addition $11 billion fine And confiscation penalty requested. The confiscation penalty includes the seizure and delivery to the state of all properties and other valuable assets acquired by SBF with its profits from FTX.
Bankman Fried’s lawyers said in a court filing in February. He wanted the sentence to be between 63 and 78 months. The final decision on SBF, who is currently in detention March 28 It is expected to be given on the date.
The US court found SBF guilty of 7 different crimes in November last year.
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Related article: Jury Verdict Announced for FTX Founder SBF: 7 Out of 7 Guilty!
The Sentence Requested by the USA for Former FTX CEO Sam Bankman-Fried Has Been Announced! The article titled was prepared by Tugay Erdem and published on koinbulteni.com.
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