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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?
Sam Bankman-Fried sentenced to 25 years in prison
51–60 of 1001 posts
Re: Sam Bankman-Fried sentenced to 25 years in prison
#52For those wondering, prosecutors asked for 50 years in prison, defense asked for 5 years. So this sentence is right down the middle. 50 years in prison would have been way too long IMO.
As others have suggested, likely he won't even serve the 25 though.
Re: Sam Bankman-Fried sentenced to 25 years in prison
#53Earlier quoted context omitted.
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 isn't much social benefit to keeping folks locked up Deterrent
Re: Sam Bankman-Fried sentenced to 25 years in prison
#54If 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.
Re: Sam Bankman-Fried sentenced to 25 years in prison
#55Earlier quoted context omitted.
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 isn't much social benefit to keeping folks locked up Deterrent
Re: Sam Bankman-Fried sentenced to 25 years in prison
#56Seems 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
#57Quite a short sentence for the magnitude of the crime. Financial crimes like these do kill people and destroy countless lives. They deserve maximum pentalties.
Re: Sam Bankman-Fried sentenced to 25 years in prison
#58For those wondering, prosecutors asked for 50 years in prison, defense asked for 5 years. So this sentence is right down the middle. 50 years in prison would have been way too long IMO.
Re: Sam Bankman-Fried sentenced to 25 years in prison
#59Seems 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...
Re: Sam Bankman-Fried sentenced to 25 years in prison
#60Earlier 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.