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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

#51
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?

I'd say it depends on how confident/aggressive someone was. Perhaps OP didn't word it the best way, but it's also good to pause and reflect?

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

#52

For 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.

Well, 27.5 would be right down the middle.

As others have suggested, likely he won't even serve the 25 though.

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

#53

Earlier 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

If 20+ years isn't enough of a deterrent, I seriously doubt even more would be.

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

#55

Earlier 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

Has never been shown to work when studying the impact of "harsh punishments".

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

#56
post #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.

He's completely destroyed thousands of lives through his actions.

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

#57
post #14

Quite a short sentence for the magnitude of the crime. Financial crimes like these do kill people and destroy countless lives. They deserve maximum pentalties.

It is long enough to destroy his life. What matters if he gets out at 70 or 80 if he gets out at 60?

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

#58

For 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.

the bullet points at the top of the article say they asked for 40-50 years and that his defense said 6.5 years.

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

#59
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...

I don't know. The appropriateness of the sentence is not something I feel super strongly about one way or the other, but 25 years is objectively a very long time. Think about what a typical person does in their first 25 years. That's long enough for a person to be born, go through early childhood, go through all of their basic schooling, attend college, get a job and work for 5 years, and have a kid of their own. Or, think about a 25 year old person, and put them next to a 50 year old person. Or a 50 year old person next to a 75 year old person. It's just a very long amount of time, no matter how you slice it.

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

#60

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.

There is no parole for federal crimes. https://www.justice.gov/doj/organization-mission-and-functio...
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