Share this @internewscast.com

Sam Bankman-Fried leaves Manhattan federal court in New York on Feb. 16, 2023. A slimmed down, foot-tapping FTX founder Sam Bankman-Fried made a brief appearance in a Federal courtroom in New York, Wednesday, Feb. 21, 2024, to switch lawyers before his sentencing next month. (AP Photo/Seth Wenig, File)

Sam Bankman-Fried leaves Manhattan federal court in New York on Feb. 16, 2023. (AP Photo/Seth Wenig, File)

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. Bankman-Fried was indicted on eight counts, including wire fraud, conspiracy and campaign finance violations.

Share this @internewscast.com
You May Also Like

Mother Shoots Child’s Father in Front of Their Son, Police Report

Inset: Keosha Vester (Shelby County Jail). Background: Authorities at the scene where…

New Mexico Woman Accused of Killing Husband and Concealing Body, Claims He Fled to Mexico

A New Mexico woman was arrested in Texas for the murder of…

Jury Informed That Similar Allegations of MP’s Alleged Sexual Abuse Are No ‘Coincidence’

Two men who claim they were assaulted by a state MP should…

Court Overturns Rule Removing Medical Debt from Credit Reports

President Donald Trump delivers remarks during a luncheon with African leaders held…

Woman receives seven-year prison sentence for DUI manslaughter

Staff report GAINESVILLE, Fla. – Ronesha Nichole Butler, 32, has received a…

Mother to Plead Guilty in Tragic Incident Involving Unattended 1-Year-Old in Tub

Inset: Selena Doxzon (Milwaukee County Jail). Background: The home where Doxzon’s son…

Mother of Three Fatally Shot in Memphis Hotel Parking Lot, Police Report

Insets, from left: Jenae Bradley (Shelby County Jail) and Terrica Tabor (Ehford…

Georgia Father Proposes $2,000 to His Son’s Babysitter for Intimate Encounter

A Georgia man was arrested in Florida this week after he offered…

Bail Denied for Man Accused in $555 Million Meth Plot

One of three men accused of attempting to import more than $500…

Five Adults and Teenage Boy Charged in Brisbane Jewelry Store Heist

Five men and a teenage boy have been charged over the alleged…

Teen Allegedly Shot While Talking to Mom on Phone

Background: The site of the shooting on May 30 in Marion County,…

‘American Idol’ Executive and Husband Killed in Burglary: Police

Inset: Robin Kaye and Thomas Deluca (Robin Kaye Facebook). Background: Los Angeles…