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Sam Bankman-Fried could face over 100 years in prison according to federal sentencing guidelines, although experts expect less time.

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The former CEO of the cryptocurrency exchange FTX Sam Bankman-Fried was detained by authorities in the Bahamas on Monday evening after the Department of Justice filed charges against him. Bankman-Fried was slated to testify before a congressional committee regarding the collapse of FTX on Tuesday afternoon before his arrest.