Sam Bankman-Fried (Probably) Won’t Get a 115-Year Prison Sentence

From coindesk.com

If he’s convicted of wire fraud and/or conspiracy charges, FTX founder Sam Bankman-Fried will probably spend quite a bit of time behind bars. But there’s a good chance the 31-year-old won’t spend the rest of his life in prison. Bankman-Fried’s trial tied to the operation and collapse of FTX and its affiliated hedge fund, Alameda Research, kicks off next week. Prosecutors will have to prove that he knowingly lied to his customers or lenders, knew it was wrong, was trying to defraud them, or knowingly worked with at least one other person to try and defraud lenders, customers or investors. The burden of proof ... (full story)