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Sam Bankman-Fried: Legal Battle Continues After Guilty Verdict

Back to the Cell

After being found guilty on all seven charges, Sam Bankman-Fried has returned to the not-so-glamorous surroundings of his New York federal prison cell. It seems his trial has ended, but the saga is far from over!

The Battle Isn’t Over Yet

Bankman-Fried’s attorney, Mark Cohen, is not throwing in the towel just yet. He insists that the crypto kingpin maintains his innocence and plans to fight the charges vigorously. Because, you know, why quit when you can keep the drama going?

The Next Steps

Should Bankman-Fried pursue his right to appeal? Absolutely! The first step is to file a notice of appeal in the same New York district court that recently said, “Guilty!”

What’s Next for the ‘Crypto King’?

Aside from contemplating his next strategy, Bankman-Fried is also facing a possible new criminal trial on March 11. He’s up against five additional charges including bribery conspiracy and unlicensed money-transmitting business. Sounds exhausting, doesn’t it?

Sentencing: The Waiting Game

As for his current guilty verdict, a sentencing recommendation will roll in from prosecutors by March 15, with Bankman-Fried appearing in court again on March 28, 2024. But the real twist? Judge Lewis Kaplan gets the final say, potentially subjecting Bankman-Fried to a whopping 110 years in prison if serving time back-to-back. Talk about a long stretch!

Where is He Now?

Currently residing at the Metropolitan Detention Center in Brooklyn, Bankman-Fried has made his complaints known about the lack of vegan options and access to medication. It’s almost as if prison isn’t a five-star resort, right?

Experts Weigh In

Legal experts have varying opinions on what Bankman-Fried might face in terms of sentencing. Some are saying decades, while others believe he might find leniency. In the cryptic world of legal predictions, it’s hard to nail anything down. But one thing’s for sure: prison won’t be a picnic.

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