Sam Bankman-Fried asked for a maximum sentence of six and a half years, but he could have gotten over 100 years.
Prosecutors are asking for a sentence of 40-50 years for former CEO of bankrupt cryptocurrency exchange FTX and convicted fraudster Sam Bankman-Fried. He faces up to 110 years behind bars under the law.
The 116-page Government’s Sentencing Memorandum, submitted to Judge Lewis Kaplan on March 15, recounts Bankman-Fried’s activities in detail, focusing on five points: Bankman-Fried’s scheme to make illegal political contributions, his attempt to bribe Chinese government officials, his banking misconduct, his attempts to deflect blame and various obstructions of justice.
Bankman-Fried was not charged with illegal political contributions because the government of The Bahamas did not extradite him on that charge. Nor was he charged with bribing Chinese officials. The memorandum also stated:
