Sam Bankman-Fried, the former crypto king found guilty last year of orchestrating one of the biggest frauds in U.S. history, will be sentenced this week in a New York courtroom.
Prosecutors have argued that the onetime Forbes billionaire should spend the next 40 to 50 years behind bars for a crime that had more than a million victims, losses totaling up to $10 billion, and led to the stunning collapse of his FTX crypto empire.
In this courtroom sketch, FTX founder Sam Bankman-Fried, right, testifies as Judge Lewis Kaplan, upper left, presides during Bankman-Fried’s trial in Manhattan federal court, Tuesday, Oct. 31, 2023, in New York. | (Elizabeth Williams via AP)
In a court filing, a Manhattan prosecutor argued that Bankman-Fried, who is scheduled to be sentenced on March 28, showed
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