Sam Bankman-Fried says 63-78 months should guide sentencing for FTX fraud

By Thomson Reuters Feb 27, 2024 | 11:02 PM

By Luc Cohen

NEW YORK (Reuters) – Lawyers for FTX founder Sam Bankman-Fried on Tuesday suggested to a U.S. judge that sentence ranging between 63 and 78 months would be an appropriate punishment for his conviction on charges of stealing $8 billion from customers of his now-bankrupt cryptocurrency exchange.

(Reporting by Luc Cohen in New York and Kanjyik Ghosh in Bengaluru; Editing by Will Dunham, Noeleen Walder and Tom Hogue)