Bankman-Fried’s lawyers are suing the DOJ for portraying him as a “super-villain” and are asking for a light sentence
Sam Bankman-Fried’s legal team has spoken out against the DOJ’s latest sentencing memorandum, claiming that it is unfair and inaccurately portrays Bankman-Fried’s character.
The group responded in a letter they sent on Tuesday, saying, “The memorandum distorts truth to promote its beloved ‘loss’ narrative and paints Sam as a twisted supervillain.”
According to the defense, Bankman-Fried’s depiction by the DOJ “attributes to him dark and megalomaniacal intentions that fly in the face of the truth.” The group claims the government’s strategy is based on injustice because of a proposal that, in their view, is equivalent to a life sentence.
Prosecutors asked District Judge Lewis Kaplan to hand down a 40- to 50-year prison sentence to the ex-CEO of FTX last week, claiming he was greedy and useless in helping the company get out of bankruptcy. Bankman-Word Fried’s documentation, statements from impacted FTX clients, and other information were all part of the government’s case.
On Tuesday, February, after his fraud conviction, Bankman-Fried went to court to ask for a lesser jail term. A “fair punishment” according to the defense side would be “zero loss,” which would result in a sentence range of 63-78 months.
Earlier last month, a photo surfaced showing Bankman-Fried with five other inmates, providing insight into his present look.
Cryptocurrency influencer Tiffany Fong shared a snapshot of SBF with other convicts that showed him appearing leaner and sporting the first signs of a beard. Photo allegedly taken on December 17, per Fong’s discussion with a former detainee, G Lock.
Brooklyn, New York’s Metropolitan Detention Center (MDC) is now housing SBF. From the prison, word has gotten out about his antics, such as his participation in the prison’s “mackerel economy” and his discussions about bitcoin with some guards.
