Prosecutors want 50 years for crypto fraudster

By Agence France-Presse

Mar 29, 2024 12:02 am

NEW YORK CITY: Disgraced cryptocurrency wunderkind Sam Bankman-Fried is set to be sentenced on Thursday following his conviction in one of the biggest financial fraud cases in history.

US prosecutors are seeking a prison term of 40 to 50 years after a New York jury found Bankman-Fried, known by his initials SBF, guilty in November following a five-week trial that probed the one-time high roller's spectacular fall.

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