Sam Bankman-Fried’s attorneys suggested a sentence of five to six years in prison, sharply lower than the roughly 100 years that he faces for stealing billions of dollars from FTX customers.
Lawyers for Bankman-Fried argued for 63 to 78 months in jail, citing medical conditions, including autism, and his intentions to better the world with his now-fallen crypto exchange.
A New York jury found Bankman-Fried guilty on all seven counts he faced last year. Prosecutors called the case one of the biggest financial frauds in U.S. history. Bankman-Fried’s sentencing is scheduled for March 28.
