751–760 of 1001 posts
Lol. "My useful life is over," he says. As if there was anything useful about setting up a fraudulent exchange to steal billions of dollars so he could go play animal house with Caroline in his penthouse.
Everyone has only 1 life, imprisonment of a life is one of the ultimate forms of torturing. This basically is killing his most meaningful years away. I can only agree this form of imprisonment for murderers, rapists, ones who physically and mentally hurt people with permanent losses. Ones can argue that he mentally & physically hurt others, but we need evidence. We should have a better system to force these individua…
Earlier quoted context omitted.
FTX was one of the biggest frauds in history.. and you're showing us averages. Madoff received a 150 year sentence, and that was with leniency for pleading guilty.
Propotional to the size of Madoff's ponzi, SBFs sentence is heavy.
Earlier quoted context omitted.
FTX was one of the biggest frauds in history.. and you're showing us averages. Madoff received a 150 year sentence, and that was with leniency for pleading guilty.
I don't think there's any way to reasonable describe a life sentence as lenient, unless one was facing the death penalty.
Everyone has only 1 life, imprisonment of a life is one of the ultimate forms of torturing. This basically is killing his most meaningful years away. I can only agree this form of imprisonment for murderers, rapists, ones who physically and mentally hurt people with permanent losses. Ones can argue that he mentally & physically hurt others, but we need evidence. We should have a better system to force these individua…
I wonder if they considered their role? I haven’t seen anyone accuse SBF of being a psychopath; given that, how does a person become so ethically bankrupt? A: His parents failed to do their job of ensuring that he developed a conscience.
SBF’s actions are his own; but he would never have gotten to where he ended up if they had done their job.
Everyone has only 1 life, imprisonment of a life is one of the ultimate forms of torturing. This basically is killing his most meaningful years away. I can only agree this form of imprisonment for murderers, rapists, ones who physically and mentally hurt people with permanent losses. Ones can argue that he mentally & physically hurt others, but we need evidence. We should have a better system to force these individua…
This type of imprisonment is just as much to scare other people as it is to punish him. Repaying the people he stole from is also required here, but that has no meaning as a deterrent.
Earlier quoted context omitted.
> Given that the risk of repeat offense is low, I just don't see the point of these sentences. Is it? Did he even admit to criminal wrong doing? The article thinks otherwise: > Judge Lewis Kaplan, just before announcing Bankman-Fried's 25-year sentence, said there was a risk "that this man will be in a position to do something very bad in the future, and it's not a trivial risk." > Bankman-Fried acknowledged his mist…
His likelihood of re-offending is low because he now has a near universally bad reputation and so is much less likely to be trusted with other people's money in the first place. Whether that means he should have a shorter sentence depends on the purpose of criminal sentences. If the purpose is punishment or deterrence, re-offense probability isn't as relevant, but if it is merely to protect others while he is put awa…
There would no doubt be people happy to give SBF the funds to go fleece a whole new herd of victims on the off chance he got away with it enough to make the number go up.
Everyone has only 1 life, imprisonment of a life is one of the ultimate forms of torturing. This basically is killing his most meaningful years away. I can only agree this form of imprisonment for murderers, rapists, ones who physically and mentally hurt people with permanent losses. Ones can argue that he mentally & physically hurt others, but we need evidence. We should have a better system to force these individua…
> Everyone has only 1 life
Doesn't that make imprisonment (the ultimate time penalty) one of the fairest, most equitable punishments there is?
> We should have a better system to force these individuals to pay back or make up the losses.
As you say, he'll never be able to pay it back. The state can't force him to pursue high-paying work, and he goes unpunished in the meantime?
The article is followed at this moment with an article titled “SBF’s Parents are Heartbroken” with a picture of his parents where both are unhappy, outside in the rain under umbrellas. I wonder if they considered their role? I haven’t seen anyone accuse SBF of being a psychopath; given that, how does a person become so ethically bankrupt? A: His parents failed to do their job of ensuring that he developed a conscienc…
[0] https://www.forbes.com/sites/digital-assets/2023/09/24/sam-b...