Sam Bankman-Fried, former FTX CEO, faces a proposed 50-year prison term by US prosecutors amid wire fraud and conspiracy accusations. His lawyers criticize the proposal, arguing he's portrayed as a 'super-villain' with distorted motives. Current FTX CEO John Ray III disputes Bankman-Fried's claims of 'zero' harm, revealing FTX had only 105 bitcoins left when he took over, while owing close to 100,000 bitcoins to customers. The sentencing debate involves contrasting views on the severity of the punishment and the impact on victims.