Sam Bankman-Fried sentencing today. Not going well for defense. His Offense is level 60. Max is 43.
Judge Kaplan: For the reasons well articulated by Mr. Ray, that people will be paid back is speculative. So I find the loss amount readily exceeds $550 million, the top tier. I find investors lost $1.7 billion, lenders lost $1.3 billion, and customers, $8 billion
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