Sam Bankman-Fried’s sentencing, Apple’s $490 million settlement
A new chapter in the Sam Bankman-Fried saga: On Friday, federal prosecutors asked a New York judge to sentence the founder and former head of cryptocurrency exchange FTX to between 40 and 50 years in prison. They cited claims that Bankman-Fried participated in a “historic fraud” and cost customers and investors at least $10 billion as the rationale behind the hefty jail time. Bankman Fried’s lawyers have argued that five or six years behind bars would be appropriate, maintaining that he’s not an “evil genius” or “greedy…