US prosecutors want to send cryptocurrency entrepreneur Sam Bankman-Fried to prison for 40 to 50 years. The 32-year-old founder of the cryptocurrency exchange FTX was found guilty by a jury in November.
Prosecutors accused him of "unsurpassed greed" and emphasized that given the "historic" dimension of the crime, the punishment should be appropriately high. If the judge exhausts the proposed penalties on all charges, it could be more than 100 years in prison.. FTX collapsed spectacularly at the end of 2022.