Sam Bankman-Fried’s lawyers say 50-year imprisonment proposal is ‘not justice’

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The FTX founder's lawyers submitted a letter to a U.S. court on Tuesday, calling DOJ's proposed sentencing unjust.

FTX founder Sam Bankman-Fried’s lawyers submitted a letter to District Judge Lewis Kaplan on Tuesday, challenging the sentencing proposal from the Department of Justice last week.

In a memorandum filed last Friday, U.S. prosecutors asked the court to give the former FTX CEO a prison sentence of 40 to 50 years. “That is not justice,” Bankman-Fried’s defense team said in the latest filing.

 

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