[ad_1] Federal prosecutors are asking that Sam Bankman-Fried, the disgraced cofounder of bankrupt crypto alternate FTX, be sentenced to 40 to 50 years in jail, in keeping with a sentencing memo on Friday. “Justice requires that he obtain a jail sentence commensurate with the extraordinary dimensions of his crimes,” the prosecutors wrote within the 116-page doc. The advice was made in a submitting to Decide Lewis A. Kaplan in U.S. District Courtroom in Manhattan. Bankman-Fried was discovered responsible of seven fraud costs in November and is scheduled to be sentenced on March 28. The utmost potential penalty is 110 years.…
