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How long could Sam Bankman-Fried go to jail for? Crypto lawyers weigh in By Cointelegraph

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© Reuters.

FTX founder Sam “SBF” Bankman-Fried, once described as the “golden boy” of crypto, is set to stare down a jury next week for his role in the collapse of his $32-billion crypto exchange.

After a jury selection process on Oct. 3, the trial begins in earnest on Oct. 4, with Bankman-Fried facing seven charges. If found guilty on all counts, he faces a maximum sentence of 115 years in prison.

Life behind bars?

Breaking down the charges

  1. Committing wire fraud on FTX customers
  2. Conspiring to commit wire fraud on FTX customers
  3. Committing wire fraud on Alameda Research lenders
  4. Conspiring to commit wire fraud on Alameda Research lenders
  5. Conspiring to commit securities fraud against FTX investors
  6. Conspiring to commit [commodities?] fraud against FTX customers
  7. Conspiring to commit money laundering to hide the proceeds of wire fraud on FTX customers.

SBF’s likely defense