While Sam Bankman-Fried faces a potential 100-some-odd years in prison, legal professionals agree he is unlikely to receive the maximum sentence.
A jury last week found the FTX founder guilty of seven charges, including wire fraud as well as conspiracy to commit fraud and conspiracy to commit money laundering.
Bankman-Fried “maintains his innocence and will continue to vigorously fight the charges against him,” his counsel, Mark Cohen, said in a Nov. 2 statement. He may ask the 2nd US Circuit Court of Appeals to review the jury’s decision.
His sentencing hearing before Judge Lewis Kaplan is scheduled for March 28.
“Sam Bankman-Fried’s sentence will be significant, but…
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