Posted 2/28/2024, 6:19:00 AM
SBF Lawyers Seek 6 Years Prison Time, Call 100-Year Sentence 'Grotesque'
- Sam Bankman-Fried requested a 6.5 year prison sentence after being convicted on 7 fraud and conspiracy charges related to FTX collapse
- His lawyers objected to probation recommendation of 100 year sentence, calling it "grotesque"
- They argue his actions did not result in losses for customers, lenders, investors as FTX bankruptcy expects to fully repay them
- Letters of support from family, friends attest to his good character; fellow inmate said he's been target of extortion attempts
- Lawyers compare his case to Milken's, who served 2 years of 10 year sentence, became "force for good"