Tag Archives: Manhattan

Prosecutors seek from 40 to 50 years in prison for Sam Bankman-Fried for cryptocurrency fraud

NEW YORK (AP) — FTX founder Sam Bankman-Fried’s orchestration of one of history’s largest financial frauds in his quest to dominate the cryptocurrency world deserves a prison sentence of 40 to 50 years, federal prosecutors on Friday told a federal judge. Prosecutors made the recommendation in papers filed in Manhattan federal court in advance of a March 28 sentencing, where …

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Trump’s lawyers seek to suspend $83M defamation verdict, citing ‘strong probability’ it won’t stand

NEW YORK (AP) — Donald Trump’s lawyers asked a New York judge Friday to suspend an $83.3 million defamation verdict against the former president, saying there was a “strong probability” that it would be reduced on appeal, if not eliminated. The lawyers made the request in Manhattan federal court, where a civil jury in late January awarded the sum to …

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