Crypto fraudster Sam Bankman-Fried faces sentencing


Bankman-Fried, who was found guilty in one of the largest financial fraud cases in history, is scheduled to be sentenced on Thursday. — AP

NEW YORK: Disgraced cryptocurrency wunderkind Sam Bankman-Fried is set to be sentenced March 28 following his conviction in one of the biggest financial fraud cases in history.

US prosecutors are seeking a prison term of 40-50 years after a New York jury found Bankman-Fried, known by his initials SBF, guilty in November following a five-week trial that probed the one-time high roller's spectacular fall.

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