The Department of Justice is deciding the tenure of punishment for FTX CEO, Sam Bankman-Fried based on the reasons given by prosecutors and defendants.
The lawyers of Sam Bankman-Fried have claimed against some of the legal cases cited by the US government in its sentencing memo. The current memo raises a question the Department of Justice (DOJ) on why they think that Sam Bankman Fried, CEO of FTX should be sentenced to 40-50 years in jail, a recent case filing issued on Wednesday, March 20, said.
Revert Of Legal team Of Sam Bankman-Fried
The legal team at Bankman-Fried already responded to the memo from the Department of Justice in a letter earlier this week. The team argued that DOJ was portraying the former FTX CEO as a super-villain. The team also highlighted some of the legal arguments made by the prosecution.
Sam Bankman-Fried was found guilty of all the allegations related to fraud and conspiracy last year. As per the latest hearings, he will be sentenced to impriso
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