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Sam Bankman-Fried sentenced to 25 years in prison

cnn.com

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Re: Sam Bankman-Fried sentenced to 25 years in prison

#41
post #2

Seems low for what prosecutors consider "one of the biggest financial frauds in U.S. history." https://www.reuters.com/technology/sam-bankman-fried-be-sent...

Low? That's high! He didn't kill anyone. A sentence of 25 years completely destroys his life. He's been made an example of.

Re: Sam Bankman-Fried sentenced to 25 years in prison

#42

Earlier quoted context omitted.

25 years is a long time. Not saying he doesn't deserve more but his parents will probably be dead by the time he gets out, and he wont have a family. Also, he was addicted to the internet (supposedly), he wont have access to that either.

It seems unlikely he will serve that full time though I don’t know the specific parole eligibility constraints for these charges.

You need to serve 85% of your sentence in federal prison. He will likely appeal for a reduction.

Re: Sam Bankman-Fried sentenced to 25 years in prison

#43
post #20

[flagged]

What’s with the sudden turn to “haha everyone was wrong in the past” on here? There’s nothing wrong with being wrong. What’s the point?

There's nothing wrong with being wrong, but its important to remember the times that we were and remind ourselves that we are not infallible :)

Re: Sam Bankman-Fried sentenced to 25 years in prison

#46
post #2

Seems low for what prosecutors consider "one of the biggest financial frauds in U.S. history." https://www.reuters.com/technology/sam-bankman-fried-be-sent...

If someone isn't a violent threat to society, there isn't much social benefit to keeping folks locked up longer then 20-ish years. 20-25 (assuming he gets the 15% off for good behavior the feds allow) is plenty.

There had to be some scale or additive nature though.

If an otherwise peaceful person is committing fraud on a scale 1000 times larger than the next guy, wouldn’t it at least scale up logarithmically?

Re: Sam Bankman-Fried sentenced to 25 years in prison

#47

If he’s eligible for parole at 1/3 of a 25 year sentence, he will spend anywhere from between 8 years, 4 months in prison or 25 years. That would make him somewhere between 40 and 57 when he gets out.

This is a federal sentence, so there is no parole. The most time off you can get in the federal system for good behavior is 54 days per year of sentence, so less than 4 years off for SBF's 25-year sentence.

Re: Sam Bankman-Fried sentenced to 25 years in prison

#50
post #6

The US prison sentence lengths are insane.

You think so? 25 years seems quite reasonable to me. He stole billions of dollars.

Not to undermine what he did. The US prison system just seems very unproductive, put him in a factory for 20 of those years.
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