Legal Experts Weigh up Sentencing of FTX Founder Sam Bankman-Fried Amidst Cryptocurrency Market Chaos

As Bankman-Fried’s sentencing in early 2024 looms, experts see the need to send a forceful and resounding message to anyone contemplating fraud.
Legal Experts Weigh up Sentencing of FTX Founder Sam Bankman-Fried Amidst Cryptocurrency Market Chaos
Former FTX CEO Sam Bankman-Fried arrives for a bail hearing at Manhattan Federal Court in New York City, on Aug. 11, 2023. Michael M. Santiago/Getty Images
Michael Washburn
Updated:

Now that a Manhattan jury has taken just four hours to find Sam Bankman-Fried, founder and former CEO of the cryptocurrency exchange FTX, guilty of an array of felony charges, the question remains of what penalty the former crypto entrepreneur should receive at his sentencing in March.

The question presents a number of difficult subsidiary issues, legal experts and specialists in white-collar crime have told The Epoch Times.

Michael Washburn
Michael Washburn
Reporter
Michael Washburn is a New York-based reporter who covers U.S. and China-related topics for The Epoch Times. He has a background in legal and financial journalism, and also writes about arts and culture. Additionally, he is the host of the weekly podcast Reading the Globe. His books include “The Uprooted and Other Stories,” “When We're Grownups,” and “Stranger, Stranger.”
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