SBF asks for 5-year prison sentence, calls 100-year recommendation “grotesque”

Enlarge / Former FTX CEO Sam Bankman-Fried arrives for a bail hearing at US District Court on August 11, 2023, in New York City. (credit: Getty Images | Michael Santiago )

Convicted FTX fraudster Sam Bankman-Fried pleaded for a lenient prison sentence in a court filing yesterday, saying that he isn’t motivated by greed and “is already being punished.”

Bankman-Fried requested a sentence of 63 to 78 months, or 5.25 to 6.5 years. Because of “Sam’s charitable works and demonstrated commitment to others, a sentence that returns Sam promptly to a productive role in society would be sufficient, but not greater than necessary, to comply with the purposes of sentencing,” the court filing said.

Bankman-Fried’s filing also said that he maintains his innocence and intends to appeal his convictions.

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