Sam Bankman-Fried Faces 40-50 Years in Prison for FTX Fraud

Prosecutors recommend a lengthy sentence for the FTX founder, citing the massive scope of his crimes and the need for justice.

Federal prosecutors argue for 40 to 50 years imprisonment for Sam Bankman-Fried, emphasizing the 'extraordinary dimensions' of his crimes.
Bankman-Fried, convicted of seven fraud and conspiracy charges, stole over $8 billion from FTX customers.
Prosecutors seek an $11 billion fine and asset forfeiture, highlighting Bankman-Fried's 'brazen disrespect for the rule of law'.
Defense requests a significantly lower sentence, arguing for leniency due to Bankman-Fried's autism spectrum disorder.
Sentencing is scheduled for March 28, with Bankman-Fried's lawyers planning to appeal the conviction.