Federal prosecutors have requested a prison sentence of 40 to 50 years for FTX founder Sam Bankman-Fried , who has been convicted of cryptocurrency crimes. Prosecutors describe his actions as a 'historic fraud' and claim that he caused losses of at least $10 billion to customers and investors.
Bankman-Fried, once a prominent figure in the cryptocurrency world, is scheduled to be sentenced on March 28.
FTX Sam Bankman-Fried Cryptocurrency Fraud Prison Sentence
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