[ad_1] Federal prosecutors stated on Friday that Sam Bankman-Fried, the cryptocurrency mogul who was convicted of masterminding a multibillion-dollar fraud, ought to obtain a jail sentence of 40 to 50 years.The prosecutors outlined the advice in a submitting in U.S. District Court docket in Manhattan. Mr. Bankman-Fried’s sentencing listening to is scheduled for March 28, when Choose Lewis A. Kaplan will resolve his destiny. He faces a most potential penalty of 110 years.“Justice requires that he obtain a jail sentence commensurate with the extraordinary dimensions of his crimes,” the prosecutors stated in a 116-page sentencing memo to the decide.The federal…
