Sam Bankman-Fried’s lawyer thinks that the probation workplace has gone too far with the punishment they wish to mete out to his consumer.
“The PSR recommends that the Courtroom sentence Sam to 100 years in jail. That advice is grotesque,” lawyer Marc Mukasey wrote in a sentencing memorandum filed on Tuesday, referencing a pre-sentencing report by probation officers.
Mukasey argued that the probation workplace’s suggestions “considerably overstates the seriousness of Sam’s offense, which warrants a downward departure.”
In keeping with Mukasey, crypto alternate FTX’s victims “are poised to get better — had been all the time poised to get better — 100 cents on the greenback.”
“The Courtroom ought to reject the PSR’s barbaric proposal,” Mukasey wrote.
Bankman-Fried, Mukasey mentioned, ought to as a substitute be sentenced to a jail time period of 5 to six-and-a-half years. The lawyer mentioned the sentencing ought to take into account Bankman-Fried’s “charitable works and demonstrated dedication to others.”
“A sentence that returns Sam promptly to a productive function in society can be ample, however not better than essential, to adjust to the needs of sentencing,” Mukasey wrote within the memorandum.
In November, Bankman-Fried was discovered responsible of seven counts of fraud and conspiracy. The disgraced FTX founder faces as much as 110 years in jail for the costs. His sentencing is ready to happen on March 28.
Representatives for Bankman-Fried didn’t instantly reply to a request for remark from Enterprise Insider despatched outdoors common enterprise hours.
