Sam Bankman-Fried is about to get sentenced for his FTX crimes. Here's what to know

March 28, 2024
Sam Bankman-Fried leaves Manhattan Federal Court after his arraignment and bail hearings on Dec. 22, 2022 in New York City. Bankman-Fried is awaiting his sentencing after being convicted of defrauding investors. He potentially faces decades in prison.

Prosecutors are asking for 40 to 50 years, citing the severity of Bankman-Fried's crimes. Lawyers of the disgraced former head of FTX are asking for far less.

(Image credit: Michael M. Santiago)



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