The long-awaited sentencing of Sam Bankman-Fried (SBF), the former CEO of the defunct crypto exchange FTX, is set to take place on March 28. SBF faces the possibility of spending up to 100 years in prison or as little as five years if Judge Lewis Kaplan somehow gives in to the demands of the defendant’s lawyers.
What To Expect From The Sam Bankman-Fried Sentencing
Judge Kaplan will determine how many years Bankman-Fried will spend in prison. The FTX founder was found guilty last year of all the seven charges that were leveled against him. However, this will not be easy for the judge, who has received compelling sentencing submissions from both the defendant and the prosecution.
On the one hand, Bankman-Fried’s lawyers have proposed that their client receive a sentence between 63 months (5 years) and 78 months (six and a half years). They believe this is a “just sentence” for the defendant as that is enough time to rehabilitate him and ensure that he returns promp
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