Sam Bankman-Fried Sentenced to 25 Years in Prison

https://www.nytimes.com/2024/03/28/technology/sam-bankman-fried-sentenced.html

by _tk_ • 2 years ago

28 7 2 years ago

nytimes.com

Solvency• 2 years ago

A tiny violin just started playing somewhere on Riker's island.

colesantiago• 2 years ago

Good.

All crypto criminals should be jailed, I'm surprised why this wasn't more years given the magnitude of his crimes and the lives he destroyed.

Justice is slow and when it works, it works.

vkou2• 2 years ago

I'm surprised why this wasn't more years given the magnitude of his crimes and the lives he destroyed.

It's within the sentencing guidelines range for a first offender who exceeded the highest cap on 'amount of money he stole'.

Now, why the sentencing guidelines for stealing $5,000,000,000 as a 'bank' are lower than stealing $5,000 from a bank is a separate question. (The answer is that direct threats of violence against particular individuals are usually involved in the latter.)

A related question is 'Why aren't his parents going to prison with him?'

AbrahamParangi• 2 years ago

It should be linear with no limit.

bequanna• 2 years ago

Justice seems to only work when a case is high profile.

Every day, lazy DAs are giving lenient plea deals for terrible crimes hoping that no one is paying attention. Unfortunately, usually no one other than the victims are.

I don’t know what to blame this on. High case loads for DAs? Reputation grooming so they maintain a good win/loss record? Empathy for the criminals? Simple laziness?

chrisbolt• 2 years ago

Dupe: https://news.ycombinator.com/item?id=39852953

Sam Bankman-Fried Sentenced to 25 Years in Prison

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