Under federal sentencing guidelines, he could face a maximum of 110 years.
In the memo, Bankman-Fried’s lawyer, Marc Mukasey, asks the judge overseeing the case to reject the pre-sentencing report prepared by the Probation Department, which recommends a 100-year sentence.
Considering Bankman-Fried’s “charitable works and demonstrated commitment to others” Mukasey recommends a prison sentence between five and six-and-a-half years.
The judge overseeing the case, Lewis Kaplan of the Southern District of New York, will weigh several factors in deciding Bankman-Fried’s sentence, including arguments from prosecutors, defense counsel and the recommendations from the Probation Department.
Typically, in white-collar crimes, the bigger the financial loss, the longer the sentence.
Persons:
Sam Bankman, Fried, Marc Mukasey, ”, “, ” Mukasey, —, Mukasey, FTX, Lewis Kaplan, Jordan Estes, Kramer Levin, Estes
Organizations:
New, New York CNN, Probation Department, Southern, of, Department, ”, US Attorney’s, Southern District
Locations:
New York, Manhattan, FTX, Brooklyn, of New York