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The United States of America vs. Samuel Bankman-Fried Indictment [pdf]

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Re: The United States of America vs. Samuel Bankman-Fried Indictment [pdf]

#2

Post by frgtpsswrdlame »

So 4 counts on wire fraud and then also commodities fraud, securities fraud, money laundering and campaign finance laws. For the moment, if we set aside whether these will be proven, how bad does a stack of charges like this look for him if they are proven?

Re: The United States of America vs. Samuel Bankman-Fried Indictment [pdf]

#3

Post by ladeagaytf »

frgtpsswrdlame wrote: post #2

So 4 counts on wire fraud and then also commodities fraud, securities fraud, money laundering and campaign finance laws. For the moment, if we set aside whether these will be proven, how bad does a stack of charges like this look for him if they are proven?

No post body was provided.

Re: The United States of America vs. Samuel Bankman-Fried Indictment [pdf]

#4

Post by DaftDank »

frgtpsswrdlame wrote: post #2

So 4 counts on wire fraud and then also commodities fraud, securities fraud, money laundering and campaign finance laws. For the moment, if we set aside whether these will be proven, how bad does a stack of charges like this look for him if they are proven?

In legal parlance, he will be "fu*ed."

Re: The United States of America vs. Samuel Bankman-Fried Indictment [pdf]

#5

Post by makestuff »

frgtpsswrdlame wrote: post #2

So 4 counts on wire fraud and then also commodities fraud, securities fraud, money laundering and campaign finance laws. For the moment, if we set aside whether these will be proven, how bad does a stack of charges like this look for him if they are proven?

From a quick google search (not promising this is 100% accurate, but I searched for sentencing minimums)

1) Wire fraud: 121-151 months

2) Securities fraud: 6-36 months base (there are multipliers apparently)

3) money laundering: 70 month average is all I could find

4) Campaign finance: seems to be more monetary based

Not sure how a plea deal/severity of charges would change this though. Ex: when you are committing billions in fraud that probably has different guidelines than the average securities fraud of a few million or whatever.

Re: The United States of America vs. Samuel Bankman-Fried Indictment [pdf]

#7

Post by phone8675309 »

frgtpsswrdlame wrote: post #2

So 4 counts on wire fraud and then also commodities fraud, securities fraud, money laundering and campaign finance laws. For the moment, if we set aside whether these will be proven, how bad does a stack of charges like this look for him if they are proven?

No post body was provided.

Re: The United States of America vs. Samuel Bankman-Fried Indictment [pdf]

#9

Post by jbverschoor »

frgtpsswrdlame wrote: post #2

So 4 counts on wire fraud and then also commodities fraud, securities fraud, money laundering and campaign finance laws. For the moment, if we set aside whether these will be proven, how bad does a stack of charges like this look for him if they are proven?

No post body was provided.

Re: The United States of America vs. Samuel Bankman-Fried Indictment [pdf]

#10

Post by masterof0 »

frgtpsswrdlame wrote: post #2

So 4 counts on wire fraud and then also commodities fraud, securities fraud, money laundering and campaign finance laws. For the moment, if we set aside whether these will be proven, how bad does a stack of charges like this look for him if they are proven?

Knowing how connected the guy is, I'm guessing he'll only serve a few years at most. I sincerely hope I'm mistaken.
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