New Court Documents Reveal Sam Bankman-Fried’s Strategies to Repair Public Image
Newly revealed court documents shed light on Sam Bankman-Fried’s strategies aimed at repairing his public image following the collapse of FTX in 2022.
The documents , filed by US prosecutors, include a Google document outlining 19 ideas to shift the narrative surrounding the crypto exchange’s downfall on social media platforms.
Bankman-Fried’s proposed initiatives range from appearing on Tucker Carlson’s show and publicly aligning with the Republican party to leaking documents to the press, criticizing lawyers, and positioning himself as pro-crypto and pro-freedom.
Additionally, he suggested promoting an anti-Binance message.
These documents form part of the government’s argument for imposing a 40-50 year sentence on the former FTX CEO, who was convicted in November 2023 on charges of fraud and money laundering, according to the sentencing memorandum.
Sorry, but this is psychotic. I get that Sam Bankman-Fried is wildly unsympathetic. But there is no sane reason taxpayers need to keep him locked in a cage until he’s in his 80s. We are totally desensitized to excessively long prison terms in this country. https://t.co/5BHW7lCTDX
— Billy Binion (@billybinion) March 15, 2024
Prosecutors argue that the Google document demonstrates a significant likelihood of Bankman-Fried committing further fraudulent acts if released at a younger age.
The recommended sentence is considerably lower than the maximum possible term under US sentencing guidelines, which could result in a 110-year sentence.
In contrast, Bankman-Fried’s defense counsel is seeking a sentence of less than seven years, according to a memo filed in February.
The judge is expected to deliver the decision on March 28.
The government contends that
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