Judge Lewis Kaplan made clear Thursday morning that he didn't buy any of the defense's arguments for a lighter sentence for Sam Bankman-Fried, the disgraced founder of FTX who now faces nearly three decades behind bars.
Why it matters: The court's analysis meant that SBF — convicted in November of crimes including fraud and conspiracy to commit money laundering — qualified for the highest possible level of sentencing guidelines, with the maximum score of 43.