Sam Bankman-Fried: guilty on all charges

https://newsletter.mollywhite.net/p/sam-bankman-fried-guilty-on-all-charges

by finnh • 3 years ago

25 9 3 years ago

newsletter.mollywhite.net

sg47• 3 years ago

4 years in a white collar crime prison. I don't think there's going to be major consequences.

Wrong. Considering Liz Holmes got 11 years for a much smaller scale fraud, SBF will get at least 30. And since this is a federal crime, he has to serve 85% of the sentence.

gojomo• 3 years ago

Enjoying the predictions, price on Polymarket on ">50y" currently 38¢ to win $1.

https://polymarket.com/event/sbf-sentenced-to-50-years

ncallaway2• 3 years ago

I'd be absolutely shocked if he got 4 years. It'll likely be much higher. I'd be pretty surprised by anything less than 10 years, but wouldn't be too surprised by sentences north of 25.

The federal sentencing guidelines are... very rough for the amount of money at issue. I'm pretty sure a significant downward departure from the guidelines would be required for the judge to get under 20 years.

beckingz• 3 years ago

He'll probably get 45 years and serve 13ish.

ncallaway2• 3 years ago

Federal prisoners must serve a minimum of 85% of their sentence in jail. If he gets 45 years, barring a change in the law, he'll serve at least 38.25 years.

gnicholas• 3 years ago

Dupe?

greenyoda• 3 years ago

Main discussion: https://news.ycombinator.com/item?id=38122061

finnh• 3 years ago

Thanks. I searched for this URL before posting, but didn't see the nytimes post.

Sam Bankman-Fried: guilty on all charges

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