US seeks up to 50-year sentence for FTX founder Sam Bankman-Fried

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Sam Bankman-Fried should be sent to prison for up to 50 years for 'orchestrating one of the largest financial frauds in history', US prosecutors told a judge ahead of the FTX founder’s sentencing this month. Photograph: Mary Altaffer/AP Sam Bankman-Fried should be sent to prison for up to 50 years for “orchestrating one of the largest financial frauds in history”, US prosecutors told a judge ahead of the FTX founder’s sentencing this month. In a submission at the weekend, the government said the 32-year-old, who was found guilty on seven charges of fraud and money laundering late last year, “victimised...