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Sam Bankman-Fried Convicted

nytimes.com

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Re: Sam Bankman-Fried Convicted

#281

Post by koolba »

matteoraso wrote: post #35
neduma wrote: post #19

mmm.. 110 years for stealing close to $10 billion

I doubt that he's going to get the max sentence. I bet he'll be out in 10 years.

If the scale of his crimes don’t justify the max sentence, what level of fraud would it take to do so? $100B of fraud?

Re: Sam Bankman-Fried Convicted

#282

Post by selimthegrim »

chasil wrote: post #166
pbj1968 wrote: post #44

Earlier quoted context omitted.

Give him a chance to wrap things up. He’s not going anywhere in the interim.

Why is this guy even in the country? He could have chartered a boat to Venezuela and taken a few hundred million with him. Of course, all the people he defrauded might follow him.

Why even follow him, I’m sure hitmen are pretty cheap in Venezuela. I guess security guards are too.

Re: Sam Bankman-Fried Convicted

#284

Post by sob727 »

dylan604 wrote: post #40
AustinDev wrote: post #9

Well... this is justice. Sadly, we don't get to see justice very often. This is life in prison, correct? I know he hasn't been sentenced but all counts is easily several life sentences at the federal level. When do the parents go on trial? I can't see how they make it out of this without at least having all their ill-begotten assets stripped.

Have all of the people scammed been brought whole? That would be justice. Someone sitting in jail isn't justice. It is punishment for his actions. I've never understood how someone being incarcerated has become considered justice.

Do you have a better suggestion?

Re: Sam Bankman-Fried Convicted

#286

Post by goodluckchuck »

bhouston wrote: post #265
morkalork wrote: post #7

His parents must be so proud

I understand his dad seemed to be intimately involved. How did he avoid prosecution?

This was a pet project for a number for very wealthy and powerful criminals. SBF likely had a decent understanding of his role as the fall guy.

Re: Sam Bankman-Fried Convicted

#287

Post by doubloon »

dragontamer wrote: post #119
tantalor wrote: post #76

No, they had pizza: https://twitter.com/tolstoybb/status/1720228218672988667?t=t...

I'm assuming it went like this: "So this guy is guilty right?" (10x other Jurors) "Agreed". (That one "For Fairness" Juror) "I dunno, we're sending this guy to jail for an awfully long time. I think we need to think it over a bit longer." "Fine, Lets get pizza". * 4 hours later * "Okay, we thought about it some more. He's guilty right?" (11x other Jurors) Guilty. ----------- At least, I'm amused by the thought of a "…

in high school we had a mock jury of sacco and vanzetti and everyone voted them guilty so they could leave early. i was the only one against it.

Re: Sam Bankman-Fried Convicted

#288

Post by jraines »

opportune wrote: post #259

I really don’t think they should have let the rest of the executive team walk, especially Ellison. They knew what they were doing too, and I’m sure they could have built a strong enough case to convince SBF and the others through plea deals and such

Not sure about the others but I don’t think Ellison is walking. Her reward for cooperation was just a letter to the sentencing judge noting her cooperation.

Re: Sam Bankman-Fried Convicted

#290

Post by fred_is_fred »

opportune wrote: post #259

I really don’t think they should have let the rest of the executive team walk, especially Ellison. They knew what they were doing too, and I’m sure they could have built a strong enough case to convince SBF and the others through plea deals and such

She still faces jail time even with the plea and cooperation.
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