FTX founder Sam Bankman-Fried leaves the Manhattan federal courthouse on Jan. 3, 2023. Photo: Ryland West/ALM Feds Want Sam Bankman-Fried Sentenced to 50 Years
In their memo, prosecutors described Bankman-Fried's actions as "one of the largest financial frauds in history, and what is likely the largest fraud in the last decade."
March 15, 2024 at 03:45 PM
2 minute read
FTX founder Sam Bankman-Fried should be sentenced to up to 50 years behind bars following his conviction on fraud charges, federal prosecutors recommended on Friday.
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