Sam Bankman-Fried says 63-78 months should guide sentencing for FTX fraud

FILE PHOTO: Sam Bankman-Fried, the founder of bankrupt cryptocurrency exchange FTX, arrives at court as lawyers push to persuade the judge overseeing his fraud case not to jail him ahead of trial, at a courthouse in New York, U.S., August 11, 2023. REUTERS/Eduardo Munoz/File Photo

NEW YORK (Reuters) - Lawyers for FTX founder Sam Bankman-Fried on Tuesday suggested to a U.S. judge that sentence ranging between 63 and 78 months would be an appropriate punishment for his conviction on charges of stealing $8 billion from customers of his now-bankrupt cryptocurrency exchange.

(Reporting by Luc Cohen in New York and Kanjyik Ghosh in Bengaluru; Editing by Will Dunham, Noeleen Walder and Tom Hogue)