FTX's Sam Bankman-Fried Should Serve 40 to 50 Years in Prison, Prosecutors Say.

Federal prosecutors have requested a prison sentence of 40 to 50 years for Sam Bankman-Fried, the founder of FTX, a cryptocurrency exchange. They also asked for an $11 billion judgment against him. Prosecutors accused Bankman-Fried of orchestrating one of the largest financial frauds in history, victimizing tens of thousands of people. Bankman-Fried, who was convicted of fraud, has maintained his innocence and plans to appeal. The sentencing is scheduled for March 28th, and the judge will consider the financial loss and other factors in determining the appropriate sentence. [Extracted from the article]