Close Menu
  • Coins
    • Bitcoin
    • Ethereum
    • Altcoins
    • NFT
  • Blockchain
  • DeFi
  • Metaverse
  • Regulation
  • Other
    • Exchanges
    • ICO
    • GameFi
    • Mining
    • Legal
  • MarketCap
What's Hot

A Cryptocurrency Bill Has Been Introduced in a US State, Disappointing President Donald Trump! Here Are the Details…

23/08/2025

AscendEX Taps ASTRAI to Tokenize AI Models and GPU Power

23/08/2025

While CFTC Awaits New Chairman, Acting Chief Pham Gets Rolling on Crypto

23/08/2025
Facebook X (Twitter) Instagram
  • Back to NBTC homepage
  • Privacy Policy
  • Contact
X (Twitter) Telegram Facebook LinkedIn RSS
NBTC News
  • Coins
    1. Bitcoin
    2. Ethereum
    3. Altcoins
    4. NFT
    5. View All

    Price Breaks All-Time High Record Again – Here’s What We Know

    04/08/2025

    Bitcoin Switzerland? El Salvador to Host First Fully Native Bitcoin Capital Markets

    04/08/2025

    Bitcoin Breaks $119K, but XLM and HBAR Aren’t Impressed by Its Meager Percentage Gain

    04/08/2025

    High-Stakes Consolidation Could Define Q3 Trend

    04/08/2025

    Could Ethereum Really Flip Bitcoin Within a Year?

    23/08/2025

    BitMine’s ETH Holdings Near $5B After Latest Purchase; BMNR Tops Big Names in Trading Volume

    23/08/2025

    Tom Lee’s Ethereum treasury BitMine tops 1 million ETH worth nearly $5 billion

    23/08/2025

    Coinbase Is Becoming a Major Ethereum-Focused Player, Bernstein Says

    23/08/2025

    The Sui Ecosystem’s Top 3 Altcoin Performers

    29/07/2025

    Floki Launches $69000 Guerrilla Marketing Challenge With FlokiUltras3

    28/07/2025

    Crypto Beast denies role in Altcoin (ALT) crash rug pull, blames snipers

    28/07/2025

    $1.6 Billion XRP Surge: Here’s What’s Unfolding

    28/07/2025

    NFT sales drop 25% to $134m, CryptoPunks plunge 59%

    23/08/2025

    Ethereum Rules With $56.57M Sales, Solana and Polygon Compete

    23/08/2025

    Defunct NFT lender Parallel Finance charges users $500 to withdraw assets

    22/08/2025

    $3.62B Already Sold in 2025

    21/08/2025

    A Cryptocurrency Bill Has Been Introduced in a US State, Disappointing President Donald Trump! Here Are the Details…

    23/08/2025

    AscendEX Taps ASTRAI to Tokenize AI Models and GPU Power

    23/08/2025

    While CFTC Awaits New Chairman, Acting Chief Pham Gets Rolling on Crypto

    23/08/2025

    NFT sales drop 25% to $134m, CryptoPunks plunge 59%

    23/08/2025
  • Blockchain

    AscendEX Taps ASTRAI to Tokenize AI Models and GPU Power

    23/08/2025

    Arbitrum submits proposal to build Ronin L2 as an Orbit chain

    22/08/2025

    Toyota explores blockchain to turn cars into tradable RWAs

    22/08/2025

    Blockchain native protocols get creative in crypto treasury arms race

    22/08/2025

    How To Make Blockchain Work For Real Markets

    22/08/2025
  • DeFi

    Jupiter Lend readies for public beta launch this week

    23/08/2025

    Stability World AI Joins EFIHUB to Drive Entertainment DeFi Innovation

    23/08/2025

    US Fed Relieves Mainstream’s Fear

    23/08/2025

    Morpho Surpasses $10B in Deposits With $6.7B TVL Across Chains

    23/08/2025

    Bitcoin L2 Network Merlin Chain Integrates M-BTC on Sui Network to Advance Wider Access to DeFi

    23/08/2025
  • Metaverse

    Meta Breaks Up AI Lab as Part of Superintelligence Push

    20/08/2025

    The Sandbox Game Maker: Unleashing Revolutionary Metaverse Experiences

    07/08/2025

    Where Has the Metaverse Gone? Examining a Failed (and Costly) Trend

    01/08/2025

    From Metaverse to Machine Learning, Inside Meta’s $72 Billion AI Gamble

    31/07/2025

    AntVerse Integrates Terminus to Transform AI-Powered Metaverse with Web3 Payments

    25/07/2025
  • Regulation

    Tether CEO says USDT drives 40% of gas fees, plans U.S.-compliant stablecoin

    23/08/2025

    State Street and Stablecoin Standard to educate tradFi firms on crypto

    22/08/2025

    Why Wall Street is bracing for a correction in stocks

    22/08/2025

    Architect Bets Credit Will Outshine Crypto Equities as It Builds a Web3 Moody’s

    22/08/2025

    Bitcoin ETFs Bleed Millions for 4th Straight Day as U.S. Stagflation Fears Weigh on BTC and Stocks

    22/08/2025
  • Other
    1. Exchanges
    2. ICO
    3. GameFi
    4. Mining
    5. Legal
    6. View All

    Exciting New Era for AI Crypto on Binance Alpha

    23/08/2025

    Gemini Teasing New XRP-Related Program

    23/08/2025

    Crypto Whale Deposits $2.34M USDC on Hyperliquid to Boost Long Positions

    23/08/2025

    Wyoming’s Remarkable Digital Asset Debuts on Solana and Kraken

    23/08/2025

    ICO for bitcoin yield farming chain Corn screams we’re so back

    22/01/2025

    Why 2025 Will See the Comeback of the ICO

    26/12/2024

    Crypto Gaming Handheld Shipments Delayed Over ‘Excessive’ Import Duties

    22/08/2025

    Google Unveils Pixel 10 Lineup With AI Features, New Watch and Earbuds

    21/08/2025

    Immutable & Koin Games Unveil Fast-Paced, Collector-Driven Project O

    20/08/2025

    ‘Wilder World’ Launches First-Person Shooter Game With $100K Tournament

    20/08/2025

    Bitcoin miner Foundry hits 0.07% jackpot mining eight consecutive BTC blocks

    23/08/2025

    Nasdaq-listed Bitdeer unveiled plans to expand its U.S. crypto mining rig manufacturing operations

    21/08/2025

    ‘US tariffs on mining rigs are rising sharply’ as CleanSpark, IREN report massive liabilities

    21/08/2025

    APAC Bitcoin Mining Goes Green Despite China Underground Activity

    21/08/2025

    A Cryptocurrency Bill Has Been Introduced in a US State, Disappointing President Donald Trump! Here Are the Details…

    23/08/2025

    While CFTC Awaits New Chairman, Acting Chief Pham Gets Rolling on Crypto

    23/08/2025

    South Korea’s Wemade Faces Crucial $7.1M Payment Order

    23/08/2025

    Why It’s Falling Behind in the Global Bitcoin Race

    23/08/2025

    A Cryptocurrency Bill Has Been Introduced in a US State, Disappointing President Donald Trump! Here Are the Details…

    23/08/2025

    AscendEX Taps ASTRAI to Tokenize AI Models and GPU Power

    23/08/2025

    While CFTC Awaits New Chairman, Acting Chief Pham Gets Rolling on Crypto

    23/08/2025

    NFT sales drop 25% to $134m, CryptoPunks plunge 59%

    23/08/2025
  • MarketCap
NBTC News
Home»Legal»Sam Bankman-Fried Shouldn’t Get Leniency: Court Filing
Legal

Sam Bankman-Fried Shouldn’t Get Leniency: Court Filing

NBTCBy NBTC06/03/2024No Comments2 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email


After FTX co-founder Sam Bankman-Fried’s family and friends submitted leniency pleas to the judge who will sentence SBF this month, a letter filed in court addressed to the judge questioned the level of leniency asked despite numerous charges.

Court Gets Letter to Deny SBF Leniency Plea

According to the latest filing in the court, a letter has asked Judge Kaplan to deny leniency pleas for Sam Bankman-Fried. The letter is from a member of the CBOE for a market maker firm.

The letter slams people arguing that SBF should get a level of leniency based on the idea that account holders will be made whole. He objects to pleas, remarking them as “intellectual dishonesty.”

“When I read that educated people are arguing that SBF should be granted a level of leniency because his account holders will be made whole, I had to express my objection to this intellectual dishonesty.”

He claims SBF charges are equal to “stealing money, going to Vegas, winning and repaying some of the funds.” Also, he asked the judge to consider the expected value of accounts and people who lost their assets. Asking the judge to dismiss the requests by Sam Bankman-Fried and his family.

Also Read: XRP Whales Accumulates 39 Mln XRP From Binance, A Price Recovery Ahead?

SBF Seeks Reduction in Imprisonment to 6 Years

Sam Bankman-Fried’s lawyers have asked the judge to reduce the prison sentence to less than 7 years for various counts of financial fraud crimes from his crypto exchange FTX and Alameda Research. His defense cited SBF’s “neurodiversity,” selflessness and “kindness” for the relatively light punishment.

The maximum possible sentence of 110 years. Moreover, an inmate has claimed that Bankman-Fried as a non-threatening individual has become a target for extortion and assault in the Brooklyn Metropolitan Detention Center. Meanwhile, SBF has been shilling Solana in jail as he awaits his sentencing on March 28, 2024.

Also Read: Crypto Market Selloff — Over $1 Billion In BTC, ETH, XRP, SHIB Liquidated, Here’s Why

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
NBTC

Related Posts

A Cryptocurrency Bill Has Been Introduced in a US State, Disappointing President Donald Trump! Here Are the Details…

23/08/2025

While CFTC Awaits New Chairman, Acting Chief Pham Gets Rolling on Crypto

23/08/2025

South Korea’s Wemade Faces Crucial $7.1M Payment Order

23/08/2025

Why It’s Falling Behind in the Global Bitcoin Race

23/08/2025
Add A Comment

Comments are closed.

Top Posts
Get Informed

Subscribe to Updates

Get the latest news from NBTC regarding crypto, blockchains and web3 related topics.

Your source for the serious news. This website is crafted specifically to for crazy and hot cryptonews. Visit our main page for more tons of news.

We're social. Connect with us:

Facebook X (Twitter) LinkedIn RSS
Top Insights

A Cryptocurrency Bill Has Been Introduced in a US State, Disappointing President Donald Trump! Here Are the Details…

23/08/2025

AscendEX Taps ASTRAI to Tokenize AI Models and GPU Power

23/08/2025

While CFTC Awaits New Chairman, Acting Chief Pham Gets Rolling on Crypto

23/08/2025
Get Informed

Subscribe to Updates

Get the latest news from NBTC regarding crypto, blockchains and web3 related topics.

Type above and press Enter to search. Press Esc to cancel.