WASHINGTON: Sam Bankman-Fried faces up to 115 years in prison if he’s convicted on all eight charges filed by the US Department of Justice on Tuesday — though he’s unlikely to be sentenced to that long a term.
The Federal Bureau of Investigation, the Securities Exchange Commission and the Commodity Futures Trading Commission have been working “around the clock” to unravel what happened in “one of the biggest financial frauds in American history,” Manhattan US Attorney Damian Williams said during a press conference.
