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TechFlow news — FTX founder SBF said the U.S. prosecutors' proposal to sentence him to up to 50 years in prison "distorts reality" and paints him as a "fallen supervillain," according to Bloomberg.
Prosecutors argue that a 40- to 50-year sentence is warranted due to his "historic" crimes involving over one million victims and the collapse of his cryptocurrency empire, resulting in more than $10 billion in losses.
According to Bloomberg, FTX founder SBF said the U.S. prosecutors' proposal to sentence him to up to 50 years in prison "distorts reality" and paints him as a "fallen supervillain." Prosecutors argue that a 40- to 50-year sentence is warranted due to his "historic" crimes involving more than one million victims and leading to the collapse of his cryptocurrency empire, resulting in over $10 billion in losses.
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