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<ul><li>Sam Bankman-Fried&#39;s legal team disputes DOJ&#39;s 40-50-year sentencing recommendation.</li><li>The interpretation of &#34;loss&#34; in the context of sentencing, especially regarding the Kisor v. Wilkie Supreme Court case, is a central point of legal contention.</li><li>The defense is requesting a maximum of 6.5 years based on creditors’ recovery prospects.</li></ul>In a recent sentencing memo, Sam Bankman-Fried&#39;s defense team challenged certain aspects of the legal reasoning applied by the United States government. The Department of Justice (DOJ) <a href="https://storage.courtlistener.com/recap/gov.uscourts.nysd.590940/gov.uscourts.nysd.590940.410.0_2.pdf" rel="noopener noreferrer nofollow">suggest</a>ed that the former CEO of FTX should receive a 40 to 50-year prison sentence. This position was articulated in a court document disclosed on Wednesday.Earlier in the week, Bankman-Fried&#39;s lawyers issued a <a href="https://nypost.com/2024/03/20/us-news/sam-bankman-frieds-lawyers-say-proposed-50-year-sentence-portrays-him-as-super-villain/" rel="noopener noreferrer nofollow">response</a> to the DOJ&#39;s memo, labeling attempts to portray him as a &#34;super villain.&#34; Following this, on Wednesday, they instituted a challenge to specific legal arguments put forth by the prosecution.Last year, Bankman-Fried was <a href="https://cryptotale.org/us-prosecutors-drop-sbfs-five-charges-await-bahamas-govt-approval/" rel="noopener noreferrer nofollow">convicted</a> of fraud and conspiracy. His sentencing is scheduled for March 28. His attorneys are <a href="https://storage.courtlistener.com/recap/gov.uscourts.nysd.590940/gov.uscourts.nysd.590940.407.0.pdf" rel="noopener noreferrer nofollow">advocating</a> for a maximum of 6.5 years in prison, pointing out that FTX creditors are on a path to recovering their losses.<a href="https://cryptotale.org/bankman-frieds-legal-team-opposes-dojs-40-50-year-sentencing/" rel="noopener noreferrer nofollow">Read full article at CryptoTale.</a>

Bankman-Fried's Legal Team Opposes DOJ's 40-50-Year Sentencing

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