"Sam Bankman-Fried Faces Sentencing for FTX Fraud"

Former crypto mogul Sam Bankman-Fried faces potential decades in prison for defrauding FTX investors, using their funds for personal expenses and to cover losses from cryptocurrency investments. Prosecutors recommend a 40-50 year sentence, while his defense argues for 5-6 1/2 years. Bankman-Fried's lavish lifestyle, including luxury properties and political donations, contrasts with FTX's collapse in 2022. Three others from his inner circle pleaded guilty to related crimes and testified against him.