SBF repeatedly lied to get out of “supervillain” prison term, FTX CEO alleges

SBF repeatedly lied to get out of “supervillain” prison term, FTX CEO alleges

7 months ago
Anonymous $6hYC3Wwiad

https://arstechnica.com/tech-policy/2024/03/ftx-chief-lays-out-all-the-ways-sbf-sucks-in-detailed-court-filing/

The CEO of FTX Trading, John Ray, sent a letter to Judge Lewis Kaplan Wednesday to correct what he called "callously" and "demonstrably false" claims that disgraced FTX founder Sam Bankman-Fried made in hopes of receiving a lighter sentence for crimes including defrauding FTX customers.

In a sentencing memo, Bankman-Fried asked the court to drastically slash his prison sentence from what he considered a "grotesque" 110-year maximum to five to six years. Prosecutors have suggested the sentence should be between 40 and 50 years, but Bankman-Fried claimed such a sentence painted him as a "depraved supervillain," Bloomberg reported.