Sam Bankman-Fried Says 50-Year Sentence Only Suitable for a ‘Super Villain’ – Bloomberg

Sam Bankman-Fried said US prosecutors’ proposal to put him in prison for as long as 50 years “distorts reality” and paints him as a “depraved super-villain.”

Prosecutors have argued that a sentence ranging from 40 to 50 years is necessary for the FTX co-founder’s “historic” crime involving more than 1 million victims and losses of more than $10 billion in the collapse of his crypto empire.

The Manhattan US attorney argued to the judge who will sentence Bankman-Fried on March 28 that he showed “unmatched greed and hubris” and broke the law based on a “pernicious megalomania guided by the defendant’s own values and sense of superiority.” The government’s request is far less than the 100 years recommended in US criminal sentencing guidelines, but much more than the 6 1/2-years Bankman-Fried’s lawyers suggested.

Source: Sam Bankman-Fried Says 50-Year Sentence Only Suitable for a ‘Super Villain’ – Bloomberg