• Home
  • Politics
  • Health
  • World
  • Business
  • Finance
  • Tech
  • More
    • Sports
    • Entertainment
    • Lifestyle
What's Hot

EXCLUSIVE: ‘The Man She Is Today’: European Companies Accused Of ‘Importing’ Woke Ideology

May 29, 2025

‘The Economy Is On Fire!’: Kevin O’Leary Drops Fact Check On CNN Panelists Railing Against Trump’s Economy

May 29, 2025

DeSantis Signs Bill Making Gold And Silver Legal Tender

May 28, 2025
Facebook Twitter Instagram
  • Contact
  • Privacy Policy
  • Terms & Conditions
Friday, May 30
Patriot Now NewsPatriot Now News
  • Home
  • Politics

    Security video shows brazen sexual assault of California woman by homeless man

    October 24, 2023

    Woman makes disturbing discovery after her boyfriend chases away home intruder who stabbed him

    October 24, 2023

    Poll finds Americans overwhelmingly support Israel’s war on Hamas, but younger Americans defend Hamas

    October 24, 2023

    Off-duty pilot charged with 83 counts of attempted murder after allegedly trying to shut off engines midflight on Alaska Airlines

    October 23, 2023

    Leaked audio of Shelia Jackson Lee abusively cursing staffer

    October 22, 2023
  • Health

    Disparities In Cataract Care Are A Sorry Sight

    October 16, 2023

    Vaccine Stocks—Including Pfizer, Moderna, BioNTech And Novavax—Slide Amid Plummeting Demand

    October 16, 2023

    Long-term steroid use should be a last resort

    October 16, 2023

    Rite Aid Files For Bankruptcy With More ‘Underperforming Stores’ To Close

    October 16, 2023

    Who’s Still Dying From Complications Related To Covid-19?

    October 16, 2023
  • World

    New York Democrat Dan Goldman Accuses ‘Conservatives in the South’ of Holding Rallies with ‘Swastikas’

    October 13, 2023

    IDF Ret. Major General Describes Rushing to Save Son, Granddaughter During Hamas Invasion

    October 13, 2023

    Black Lives Matter Group Deletes Tweet Showing Support for Hamas 

    October 13, 2023

    AOC Denounces NYC Rally Cheering Hamas Terrorism: ‘Unacceptable’

    October 13, 2023

    L.A. Prosecutors Call Out Soros-Backed Gascón for Silence on Israel

    October 13, 2023
  • Business

    EXCLUSIVE: ‘The Man She Is Today’: European Companies Accused Of ‘Importing’ Woke Ideology

    May 29, 2025

    ‘The Economy Is On Fire!’: Kevin O’Leary Drops Fact Check On CNN Panelists Railing Against Trump’s Economy

    May 29, 2025

    DeSantis Signs Bill Making Gold And Silver Legal Tender

    May 28, 2025

    John Deere Announces $20 Billion Plan To Build Up American Manufacturing

    May 28, 2025

    EV Startup Promised To Cut China Ties — Then Reportedly Shared US Data Anyway

    May 27, 2025
  • Finance

    Ending China’s De Minimis Exception Brings 3 Benefits for Americans

    April 17, 2025

    The Trump Tariff Shock Should Push Indonesia to Reform Its Economy

    April 17, 2025

    Tariff Talks an Opportunity to Reinvigorate the Japan-US Alliance

    April 17, 2025

    How China’s Companies Are Responding to the US Trade War

    April 16, 2025

    The US Flip-flop Over H20 Chip Restrictions 

    April 16, 2025
  • Tech

    Cruz Confronts Zuckerberg on Pointless Warning for Child Porn Searches

    February 2, 2024

    FTX Abandons Plans to Relaunch Crypto Exchange, Commits to Full Repayment of Customers and Creditors

    February 2, 2024

    Elon Musk Proposes Tesla Reincorporates in Texas After Delaware Judge Voids Pay Package

    February 2, 2024

    Tesla’s Elon Musk Tops Disney’s Bob Iger as Most Overrated Chief Executive

    February 2, 2024

    Mark Zuckerberg’s Wealth Grew $84 Billion in 2023 as Pedophiles Target Children on Facebook, Instagram

    February 2, 2024
  • More
    • Sports
    • Entertainment
    • Lifestyle
Patriot Now NewsPatriot Now News
Home»Business»‘Almost Shocked’: Former US Attorney Blasts Sam Bankman-Fried’s Prison Sentence For Being Too Short
Business

‘Almost Shocked’: Former US Attorney Blasts Sam Bankman-Fried’s Prison Sentence For Being Too Short

March 28, 2024No Comments3 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
‘Almost Shocked’: Former US Attorney Blasts Sam Bankman-Fried’s Prison Sentence For Being Too Short
Share
Facebook Twitter LinkedIn Pinterest Email

Former United States attorney Guy Lewis criticized on Thursday a judge’s sentencing of disgraced cryptocurrency tycoon Sam Bankman-Fried.

Bankman-Fried received a prison sentence of 25 years on Thursday after a jury found him guilty in November on seven counts of fraud and conspiracy-related charges. Lewis noted Bankman-Fried could serve far less than 25 years in prison and said the fraudster should have received a significantly longer sentence. (RELATED: ‘He Directed Me To Commit These Crimes’: Alleged Fraudster’s Ex Blames Him At Trial)

“I hate to be the hard-nosed prosecutor here but I am disappointed with the sentence. I’m almost shocked with the sentence,” Lewis said on Fox Business. “It is a long sentence, but when you look at the net, what he will actually do, for a multi-billion-dollar fraud, he is going to do about 15 years, maybe less, maybe a little less, about 15 years in jail. And I don’t see it. I think the sentence should’ve been way closer to the 40 or 50 that the government asked for in the case to Judge Kaplan.”

WATCH: 

 

The New York probation department’s sentence recommendation was 100 years, and prosecutors sought 40-50 years while Bankman-Fried’s lawyer had asked for a 60-78 month sentence, citing his philanthropic ventures and Autism Spectrum Disorder (ASD), according to a February court filing.

“SBF may serve as little as 12.5 years, if he gets all of the jailhouse credit available to him,” former federal prosecutor Mitchell Epner told CNN.

Bankman-Fried co-founded and was CEO of cryptocurrency exchange FTX, which collapsed in November 2022 as it confronted accusations of mishandling billions in customer funds. Prosecutors estimated that losses resulting from Bankman-Fried’s fraud exceed $10 billion, according to CNN.

See also  Clinton-Appointed Judge Hits Former FTX Executive Who Donated To GOP With Longer-Than-Recommended Prison Sentence

“A lot of people feel really let down, and they were very let down, and I am sorry about that,” Bankman-Fried said at the sentencing hearing, according to CNN Business. “I am sorry about what happened at every stage. And there are things I should’ve done and things I shouldn’t have.”

The fraudster gave more than $30 million overwhelmingly to back Democrat-aligned causes, and was the second-largest individual donor to them during the 2022 midterm election cycle, according to The Washington Post’s analysis of Federal Election Commission data.

All content created by the Daily Caller News Foundation, an independent and nonpartisan newswire service, is available without charge to any legitimate news publisher that can provide a large audience. All republished articles must include our logo, our reporter’s byline and their DCNF affiliation. For any questions about our guidelines or partnering with us, please contact licensing@dailycallernewsfoundation.org.

Attorney BankmanFrieds blasts prison Sam Sentence shocked Short
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

EXCLUSIVE: ‘The Man She Is Today’: European Companies Accused Of ‘Importing’ Woke Ideology

May 29, 2025

‘The Economy Is On Fire!’: Kevin O’Leary Drops Fact Check On CNN Panelists Railing Against Trump’s Economy

May 29, 2025

DeSantis Signs Bill Making Gold And Silver Legal Tender

May 28, 2025

John Deere Announces $20 Billion Plan To Build Up American Manufacturing

May 28, 2025
Add A Comment

Leave A Reply Cancel Reply

Top Posts

Netflix’s ‘Love is Blind’ Set for German-Language Adaptation

May 8, 2023

US Adds 209,000 Jobs In June, Underperforming Expectations

July 7, 2023

Shaq Busts the Bad Guys in Hilarious Los Angeles Port Police Recruitment Ad

September 18, 2023

Chevron posts $6 billion quarterly earnings, beating estimates

July 23, 2023
Don't Miss

EXCLUSIVE: ‘The Man She Is Today’: European Companies Accused Of ‘Importing’ Woke Ideology

Business May 29, 2025

Consumers’ Research issued a “Woke Alert” on Thursday warning American shoppers that three European companies…

‘The Economy Is On Fire!’: Kevin O’Leary Drops Fact Check On CNN Panelists Railing Against Trump’s Economy

May 29, 2025

DeSantis Signs Bill Making Gold And Silver Legal Tender

May 28, 2025

John Deere Announces $20 Billion Plan To Build Up American Manufacturing

May 28, 2025
About
About

This is your World, Tech, Health, Entertainment and Sports website. We provide the latest breaking news straight from the News industry.

We're social. Connect with us:

Facebook Twitter Instagram Pinterest
Categories
  • Business (4,136)
  • Entertainment (4,220)
  • Finance (3,202)
  • Health (1,938)
  • Lifestyle (1,645)
  • Politics (3,084)
  • Sports (4,036)
  • Tech (2,006)
  • Uncategorized (4)
  • World (3,944)
Our Picks

Americans Are Buying More Vibrators: EdenFantasys’ Expert Explains

February 28, 2025

Counter-Invasion or Insurgency? Fighting Breaks Out in Russia

May 25, 2023

Dana Perino Says Republicans Attending Debate Need To Do One Thing

September 27, 2023
Popular Posts

EXCLUSIVE: ‘The Man She Is Today’: European Companies Accused Of ‘Importing’ Woke Ideology

May 29, 2025

‘The Economy Is On Fire!’: Kevin O’Leary Drops Fact Check On CNN Panelists Railing Against Trump’s Economy

May 29, 2025

DeSantis Signs Bill Making Gold And Silver Legal Tender

May 28, 2025
© 2025 Patriotnownews.com - All rights reserved.
  • Contact
  • Privacy Policy
  • Terms & Conditions

Type above and press Enter to search. Press Esc to cancel.