Law & Crime reports:
Prosecutors said they want fallen ‘crypto king’ Sam Bankman-Fried sent to prison for up to half a century, less than the probation department’s recommended 110 years and a lot more than what his defense attorney wants — 6 1/2 years max.
In the government’s 116-page sentencing memo, prosecutors said a sentence of between 40 and 50 years is “necessary to reflect the seriousness of the defendant’s crimes, to promote respect for the law, to provide just punishment for the defendant’s grievous criminal conduct, and to protect the public from further crimes of the defendant.”
A jury in Manhattan convicted him in November of cheating customers and investors of at least $10 billion.
Read the full article.
Prosecutors want to hand Sam Bankman-Fried one of the longest sentences ever given to a white-collar criminal: 40 – 50 years. https://t.co/xIXnFvDdg1
— Axios (@axios) March 15, 2024