Government Advocates for Severe Sanction in Bankman-Fried Case
by Legal PDFMarch 22nd, 2024
Too Long; Didn't Read
The Government urges a severe sentence of 40 to 50 years for Bankman-Fried, emphasizing the need for deterrence, accountability, and justice in preventing future financial misconduct and sending a strong signal to potential wrongdoers.
USA v. Samuel Bankman-Fried Court Filing, retrieved on March 15, 2024 is part of HackerNoon’s Legal PDF Series. You can jump to any part in this filing here. This part is 33 of 33.
CONCLUSION
In view of all of the facts and factors set out above, Bankman-Fried is deserving of a severe sanction, proportionate to his role in this historic fraud. While a Guidelinessentence – which would exceed 100 years, effectively a life sentence – is not necessary, the Government urges the Court to impose a sentence that underscores the remarkably serious nature of the harm to thousands of victims; prevents the defendant from ever again committing fraud; and sends a powerful signal to others who might be tempted to engage in financial misconduct that the consequences will be severe. A sentence of 40 to 50 years is necessary to serve such purposes.
Dated: New York, New York
March 15, 2024
Respectfully submitted,
b
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