Politics

Prosecutors Recommend 40 to 50 Year Prison Sentence for Crypto-Scammer Sam Bankman-Fried

Spread the love

Crypto-scammer Sam Bankman-Fried may be going away for a long, long time.

Prosecutors are recommending a 40 to 50 year sentence for the FTX founder who bilked investors out of billions of dollars. People have speculated that he might get off with little to no jail time due to his political donations, which went overwhelmingly to Democrats.

Now he is looking at half a century behind bars.

The FOX Business Network reports:

Prosecutors want a 40- to 50-year prison sentence for Sam Bankman-Fried

Sam Bankman-Fried should spend 40 to 50 years in prison after being convicted of stealing $8 billion from customers of his now-bankrupt FTX cryptocurrency exchange, prosecutors said Friday.

 » READ MORE