FILE - FTX founder Sam Bankman-Fried leaves Federal court, Wednesday, July 26, 2023, in New York. Former crypto mogul Sam Bankman-Fried faces the potential of decades in prison when he is sentenced Thursday for his role in the 2022 collapse of FTX, once one of the world's most popular platforms for trading digital currency.
Bankman-Fried's attorneys, friends and family have urged leniency, saying he is unlikely to reoffend again. They also say FTX's investors have largely recovered their funds — a claim disputed by bankruptcy lawyers, FTX and its creditors. Two weeks ago, Bankman-Fried attorney Marc Mukasey attacked a probation office recommendation of 100 years in prison, saying a sentence of that length would be "grotesque" and "barbaric.""Sam is not the 'evil genius' depicted in the media or the greedy villain described at trial," Mukasey said, calling his client a "first-time, non-violent offender.
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