Letter Urges Judge to Deny Leniency Plea for FTX Co-Founder Sam Bankman-Fried
A letter has been filed in court urging Judge Kaplan to deny leniency pleas for FTX co-founder Sam Bankman-Fried, despite appeals from his family and friends. The letter, written by a member of the CBOE for a market maker firm, criticizes those arguing for leniency based on the idea that account holders will be made whole, calling it "intellectual dishonesty." The writer claims that SBF's charges are equivalent to stealing money and repaying some of the funds, and asks the judge to consider the expected value of accounts and people who lost their assets. SBF's lawyers have requested a reduction in his prison sentence to less than 7 years, citing his "neurodiversity," selflessness, and kindness.
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