Sam Bankman-Fried, founder and former CEO of cryptocurrency exchange FTX, is scheduled for sentencing Thursday on fraud charges stemming from federal investigations and reports of misused customer funds. Prosecutors are requesting Bankman-Fried be sentenced to 40 to 50 years in prison, while defense attorneys are asking for no more than 6 1/2 years.
#cryptocurrency #SamBankmanFried #fraud
Start your day with "Morning in America," NewsNation's live three-hour national morning newscast hosted by Markie Martin. Weekdays starting at 6a/5C. #MorningInAmerica
NewsNation is your source for fact-based, unbiased news for all America.
More from NewsNation:
newsnationnow.com
Get our app:
trib.al/TBXgYpp
Find us on cable:
trib.al/YDOpGyG
How to watch on TV or streaming:
trib.al/Vu0Ikij