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International Business Times
International Business Times
Business
Marvie Basilan

SBF's New Legal Team Seeks Leniency For 'Non-violent' Founder Of Fallen FTX

SBF FTX Sam Bankman-Fried Crypto Marc Mukasey United States
Sam Bankman-Fried, founder of the collapsed crypto firm FTX, is faced with up to 110 years behind bars. (Credit: AFP)

KEY POINTS

  • A 121-page sentencing memo argued that SBF's personal history "support a lenient sentence"
  • His lawyers said a decades-long sentence will prevent SBF from contributing to society
  • The founder of collapsed FTX is faced with a maximum sentence of 110 years

New lawyers for disgraced crypto mogul Sam Bankman-Fried are asking the court to be more lenient to their client, calling a 100-year recommended sentence for the former CEO of collapsed cryptocurrency exchange FTX "grotesque."

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