How Sam Bankman-Fried's Sentencing Hearing May Play Out

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Nikhilesh De is CoinDesk's managing editor for global policy and regulation. He owns marginal amounts of bitcoin and ether.

Sam Bankman-Fried will find out this week if he is potentially facing decades in prison. Judge Lewis Kaplan is set to sentence him for his conviction last year on two fraud charges and five conspiracy charges tied to the operation and collapse of FTX.

This defendant's history includes any criminal record , any charity work they may have done, if they were abused or compelled to do things, if they have"an emergent family situation" that might lead to their committing crimes and other similar background factors, said Tama Kudman, a partner at Kudman Trachten Aloe Posner.

Judge Kaplan may also determine whether Bankman-Fried has shown remorse or accepted responsibility for the crimes he was convicted of and weigh that in his sentencing decision, Auerbach said. The guidelines can skew a sentence"in ways that don't necessarily track with the severity and nature of the offense," Auerbach said.

 

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