Legal Expert: Bankman-Fried Faces Up to 50 Years for 'Ponzi-Like' FTX Fraud
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Sam Bankman-Fried faces up to 50 years in prison for FTX fraud according to legal expert John Coffee.
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Coffee says Bankman-Fried's crimes were on par with Bernie Madoff's Ponzi scheme, stealing over $10 billion from investors.
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Judge Lewis Kaplan known to be fair but not overly lenient, important to set deterrent precedent.
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Sentencing scheduled for March 28, lawyer says will continue fighting charges.
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Parents visiting Bankman-Fried in jail, being sued by FTX over allegedly profiting from his crimes.