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International Business Times
International Business Times
Business
John BIERS

INSANE: Crypto fraudster bankman fried faces sentencing | Vintage Vibes

Sam Bankman-Fried FTX Crypto Damian Williams Jacob Frenkel John Ray Cryptocurrency Alameda
Former FTX chief Sam Bankman-Fried is set to be sentenced after being convicted in November of fraud by a New York jury (Credit: AFP)

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

US prosecutors are seeking a prison term of 40-50 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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