- Sam Bankman-Freed's lawyer requested the court docket to condemn him to as much as six and a half years in jail.
- Legal professionals beneficial that the decide think about Bankman Freed's philanthropy and social contributions.
- His legal professionals argued that his accounts weren’t for private achieve and requested the court docket to not confiscate any of his property.
Legal professionals for the infamous Sam Bankman Freed have requested the court docket to restrict his sentence to a most of six and a half years. In a 98-page memo filed Tuesday, the attorneys requested U.S. District Decide Lewis A. Kaplan to cut back the punishment whereas the decide might impose an extended sentence of 20 years. did.
Legal professionals beneficial that the court docket think about Mr. Bankman Freed's philanthropy and different acts demonstrating social contribution. The memo questioned Bankman Fried's unsympathetic account. The FTX founder was reportedly labeled a “sociopath” and a person with “no morals, no regret, and no empathy.” He was additionally described as “one of the crucial infamous con artists in historical past.”
However legal professionals tried to painting Bankman-Fried as a “selfless and altruistic” man who “cared deeply about others.” Of their memo, the legal professionals argued that the defendant is certainly an individual who has “at all times been devoted to doing good on the planet.” The legal professionals then implored the decide to consider Bankman-Freed's good habits and scale back his sentence to permit him to play a “productive function in society.”
Chinese language cryptocurrency reporter Colin Wu wrote on X’s Wu Blockchain web page a couple of lawyer’s proposal for a 63- to 78-month jail sentence for the FTX founder. The legal professionals' request was based mostly on “elements similar to SBF's childhood, school schooling, Wall Avenue expertise, founding of Alameda and FTX, philosophy and philanthropy, and motives apart from greed.”
Mr. Bankman Fried was arrested on suspicion of amassing tens of millions of {dollars} in firm property for private achieve and committing conspiracy and fraud. However, his legal professionals argued that not one of the recognized accounts have been for his private profit and requested that no property be confiscated.
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