Federal prosecutors recommend 40 to 50-year sentence for FTX’s Sam Bankman-Fried
Federal prosecutors have submitted a sentencing recommendation for Sam Bankman-Fried, the FTX founder convicted of fraud and conspiracy, proposing a prison term of 40 to 50 years. According to a recent Bloomberg report, this recommendation was made to a federal judge in Manhattan ahead of the scheduled sentencing on March 28. This comes in contrast…