121–130 of 1001 posts
The US prison sentence lengths are insane.
You think so? 25 years seems quite reasonable to me. He stole billions of dollars.
He will have to serve 21 years before early release. There is no parole in federal prison. I heard 5 years are concurrent making it 20 actual years. If that’s the case he can get out in 17 years. He wasted a good part of his life.
Is this fedral? I thought it was Manhattan DA?
Media will sometimes (because this are in Manhattan) label these as a Manhattan/New York prosecutors or a Manhattan court, but it is federal, not state, prosecutors and court in New York, not New York prosecutors or court.
Earlier quoted context omitted.
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.
Maybe he didn't kill anyone directly, but I can assure you that plenty of people committed suicide solely as a consequence of his actions
The "victims" knew they were intentionally avoiding government oversight of securities law, banking regulators, etc. When they lost money we should have collectively shrugged our shoulders and said that's the risk they chose to take.
Elizabeth Holmes?
Mt.Gox guy?
25 years is an exageration to be honest, there was never criminal intent, if anything there was too much belief in their creature, less like Madoff and more like the Long Term Capital Management guys. I don't remember them serving a single day in jail.
It goes to show that judges and prosecutors are just trophy hunters for media attention these days, as proven by the 1000s of proceedings against Donald Trump which costed millions of dollars and recovered exactly 0 dollars.
In any event this goes to show that if you are on the spectrum and can't empathize you should RUN at the first sign of things going south. This guy was in the Bahamas too, from there you can reach Cuba with an Inflatable Rib with a 40hp motor, South America too, St. Kitts and Nevis too which doesn't have an extradition treaty and is the place that many real criminals call home.
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.
Is it possible he gets a pardon from Biden? Apparently Ross Ulbrecht who is arguably much more serious crime, was close to getting a pardon from Trump (he seriously discusses it with his advisors at least and expressed sympathy)
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.
Lying is a form of violence and so is stealing. Not physical violence mind you, but violence nonetheless.
At least if you are making statements going against the general understanding of the society you're in then make a reference to the ideas or theories that prompt you to make these statements.
Note: many forms of theft obviously involve violence.