Convicted ex-billionaire Sam Bankman-Fried will be sentenced this Thursday for the seven counts related to wire fraud and money laundering that he committed at crypto exchange FTX.

Prosecutors have asked the judge to issue a sentence of 40 to 50 years but Bankman-Fried’s attorneys have counterargued, calling such a timespan excessive and pointing out that he is not a supervillain. John J. Ray III, the post-bankruptcy cleanup executive who has been working to return funds to harmed FTX victims, rebutted most of Bankman-Fried’s arguments in a scathing reality check.

Here are some highlights from Ray’s letter to sentencing judge, Lewis Kaplan.

“One must first start at the total dollar amount of claims filed. That number is $23.6 quintillion dollars. One quintillion is one billion billion. It is the number 1 followed by 18 zeros.”
“Vast sums of money were stolen by Mr. Bankman-Fried, and he was rightly convicted by a jury of his peers.”
“Bankman-Fried’s victims will never be returned to the same economic position they would have been in today absent his colossal fraud.”
“There were only 105 bitcoins left on the FTX.com exchange, against customer entitlements of nearly 100,000 bitcoins.”
“FTX was run for its very short existence by Mr. Bankman-Fried with hubris, arrogance, and a complete lack of respect for the basic norms of the law, which is all the more inexcusable given his privileged upbringing.”