LIVE: Sam Bankman-Fried Returns to New York Courthouse for Sentencing in FTX Fraud Case

LIVE: Sam Bankman-Fried Returns to New York Courthouse for Sentencing in FTX Fraud Case


Sam Bankman-Fried is in a Manhattan courthouse again on Thursday to face sentencing after his November conviction on seven different fraud and conspiracy charges tied to the operation and collapse of FTX.

The former CEO faces decades behind bars. The U.S. Department of Justice successfully presented a case holding him responsible for FTX losing billions of customer and investor funds during its operation, saying he personally made decisions that led to the exchange’s 2022 bankruptcy. His attorneys requested no more than 6 1/2 years in prison, while prosecutors recommended 40 to 50 years in sentencing memos leading up to Thursday’s hearing.

Bankman-Fried, whose current lawyers are not the ones who

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