In the unfolding saga of the FTX bankruptcy, the Department of Justice (DOJ) filed numerous victim impact statements from FTX creditors ahead of Sam Bankman-Fried's (SBF) sentencing. The defense team for SBF has vehemently opposed the DOJ's recommendation for a 40 to 50-year prison sentence, labeling it as "disturbing" and akin to a "medieval" punishment, unsuitable for anyone but a "super villain". In a bid for leniency, SBF's lawyers have requested a downward variance from the proposed sentence to 63 months, citing last-ditch outreach efforts to entities like Justin Sun, Silverlake, and Mubadala for FTX's rescue. The current CEO of FTX, John J. Ray III, highlighted the dire state of FTX's finances upon taking over, with the exchange's coffers "nearly empty" and only 105 bitcoins left against the nearly 100,000 bitcoins owed to customers. Amidst the bankruptcy proceedings, the FTX estate faces an estimated $3 to $5 billion in US government claims. Additionally, a venture led by a former FTX executive has acquired $60 million in bankruptcy claims from affected users, while John Ray described SBF's defense as a "dumpster fire".