The 31-year-old faces up to 20 years in prison on each of the most serious charges after he was convicted in November of funneling customer funds from his FTX crypto currency exchange into an affiliated hedge fund for risky investments, real estate and executive loans before both collapsed in 2022.
The sentencing will be a first look into Bankman-Fried’s post-conviction strategy after spending all of his trial last year insisting that he had ...
Learn more about Bloomberg Law or Log In to keep reading:
See Breaking News in Context
Bloomberg Law provides trusted coverage of current events enhanced with legal analysis.
Already a subscriber?
Log in to keep reading or access research tools and resources.