Bankman-Fried Faces Decades in Prison for FTX Fraud
• Sam Bankman-Fried faces 40-50 years in prison for FTX fraud where he stole $8 billion from customers • Prosecutors say he showed unmatched greed, hubris, and risk-taking with other people's money • Jury found him guilty on 7 counts of fraud and conspiracy in November • His lawyers argue 5-6 years is appropriate since victims will recover losses • Judge scheduled to sentence him on March 28; Bankman-Fried plans to appeal conviction and sentence