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DOJ wants 50-year sentence and $11bn penalty for Sam Bankman-Fried

Sam Bankman-Fried
Photo: Craig Barritt/Getty Images

Prosecutors file 116-page document setting out the case for heavy sentencing.

Sam Bankman-Fried should serve at least 40-50 years in prison and pay a penalty of at least $11 billion plus forfeiture as a result of his “pernicious megalomania” and “unmatched greed and hubris”. That’s the view put forward by US prosecutors in a document filed late last week ahead of