Prosecutors recommended a 40- to 50-year <a href="https://storage.courtlistener.com/recap/gov.uscourts.nysd.590940/gov.uscourts.nysd.590940.410.0.pdf" rel="nofollow noopener noreferrer" target="_blank" class="color-link" title="https://storage.courtlistener.com/recap/gov.uscourts.nysd.590940/gov.uscourts.nysd.590940.410.0.pdf" data-ga-track="ExternalLink:https://storage.courtlistener.com/recap/gov.uscourts.nysd.590940/gov.uscourts.nysd.590940.410.0.pdf" aria-label="prison sentence">prison sentence</a> for disgraced cryptocurrency executive Sam Bankman-Fried on Friday, months after the FTX founder was <a href="https://www.forbes.com/sites/antoniopequenoiv/2023/11/02/sam-bankman-fried-found-guilty-of-fraud-and-conspiracy/?sh=70bf5a466e1a" target="_self" class="color-link" title="https://www.forbes.com/sites/antoniopequenoiv/2023/11/02/sam-bankman-fried-found-guilty-of-fraud-and-conspiracy/?sh=70bf5a466e1a" data-ga-track="InternalLink:https://www.forbes.com/sites/antoniopequenoiv/2023/11/02/sam-bankman-fried-found-guilty-of-fraud-and-conspiracy/?sh=70bf5a466e1a" aria-label="convicted">convicted</a> of one of the largest acts of fraud in American history.

<div class="image-embed__placeholder"><img src="https://specials-images.forbesimg.com/imageserve/65f49f0b88a51e04cfdeefec/US-CRYPTO-FTX-SBF/960x0.jpg?cropX1=0&amp;cropX2=4908&amp;cropY1=113&amp;cropY2=2873" alt="US-CRYPTO-FTX-SBF" width="100%" height="auto"></div><figcaption><fbs-accordion class="expandable" current="-1"><p class="color-body light-text">Bankman-Fried was convicted last November. (Photo by TIMOTHY A. CLARY / AFP) (Photo by TIMOTHY A. <span class="plus" data-ga-track="caption expand">... [+]</span><span class="expanded-caption"> CLARY/AFP via Getty Images)</span></p></fbs-accordion><small>AFP via Getty Images</small></figcaption>

 <div class="key-facts-element"> <p>Prosecutors argued for the sentence in a filing, citing the “scope, duration, nature and sheer number of Bankman-Fried’s crimes,” which resulted in the former executive being found guilty of seven counts of fraud and conspiracy last November.</p>  </div>


<em>This is a developing story. Check back for updates.</em>

Bankman-Fried was found guilty of seven counts of fraud and conspiracy last year over customers’ money that went missing from his cryptocurrency exchange FTX.{ai:summary}<p>Prosecutors push for 40-50 year prison sentence for cryptocurrency exec Sam Bankman-Fried for massive fraud. #crime</p>

Prosecutors Seek Up To 50-Year Prison Sentence For Sam Bankman-Fried

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