“Crushing Sam in this way is unnecessary,” said lawyers for the former FTX CEO.
Lawyers representing former FTX CEO Sam “SBF” Bankman-Fried say that a proposed maximum sentence of 50 years in prison for the founder invokes a “medieval” view of punishment and doesn’t accurately reflect the severity of his crimes.
On March 19, Bankman-Fried’s lawyers Marc Mukasey and Torrey Young wrote to Judge Lewis Kaplan in response to the government’s sentencing proposal, handed down on March 15.
On March 15, United States prosecutors filed additional documents alongside a sentencing memorandum that proposed a 40-to-50-year sentence for the former crypto billionaire, who was convicted on fraud and money laundering charges in November 2023.