According to Bloomberg, FTX founder SBF said that the suggestion by U.S. prosecutors to imprison him for up to 50 years "distorted reality" and portrayed him as a "corrupted super villain". Prosecutors previously stated that a sentence of 40 to 50 years was necessary for SBF's "historic" crimes involving more than 1 million victims and more than $10 billion in losses.
Federal prosecutors in Manhattan told the judge who will sentence SBF on March 28 that he showed "unparalleled greed and arrogance" and that his violations were based on "excessive hubris stemming from the defendant's own values and sense of superiority." The government's request is well below the 100 years recommended in U.S. criminal sentencing guidelines, but much more than the six and a half years recommended by SBF's lawyers.