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...
Sam Bankman-Fried sentenced to 25 years in prison
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Re: Sam Bankman-Fried sentenced to 25 years in prison
#42Earlier 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.
Re: Sam Bankman-Fried sentenced to 25 years in prison
#43[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?
Re: Sam Bankman-Fried sentenced to 25 years in prison
#44Why does the title on Hacker News have "SBF" while the article title has his full name?
Re: Sam Bankman-Fried sentenced to 25 years in prison
#45[flagged]
Re: Sam Bankman-Fried sentenced to 25 years in prison
#46Seems 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.
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
#47If 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
#48Seems 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...