News for hackers. Stuff that matters.
Re:Sam Bankman-Fried Sentenced to 25 Years by jtriangle on Thursday March 28, 2024 @11:56AM (#39853091)
25 years for stealing billions, life for running a website where people broke the law.

Justice inc.

Re:Sam Bankman-Fried Sentenced to 25 Years by A_D_E_P_T on Thursday March 28, 2024 @12:12PM (#39853429)
In fairness, even 25 years is more than they give the average murderer.

https://www.ussc.gov/sites/default/files/pdf/research-and-pu...

You could quite reasonably argue that SBF's sentence was, if anything, excessive. And, by extension, that Ulbricht's was simply grotesque.

Re:Sam Bankman-Fried Sentenced to 25 Years by SlightlyLeftPad on Thursday March 28, 2024 @11:57AM (#39853121)
It’s not about justice. It’s all about who you know.
Re:Sam Bankman-Fried Sentenced to 25 Years by riku_iki on Thursday March 28, 2024 @12:15PM (#39853488)
More like they robbed rich, which is no-no. Robbing poor is ok.
Re:Sam Bankman-Fried Sentenced to 25 Years by cactusplant7374 on Thursday March 28, 2024 @12:00PM (#39853172)
https://en.wikipedia.org/wiki/Ross_Ulbricht

> The evidence that Ulbricht had commissioned murders was considered by the judge in sentencing Ulbricht to life and was a factor in the Second Circuit's decision to uphold the sentence.

If this is what you are referring to...

Commissioning murders makes him quite a dangerous person.

Re:Sam Bankman-Fried Sentenced to 25 Years by Jerrrry on Thursday March 28, 2024 @12:08PM (#39853350)
>dangerous person

lol

what about the fbi agents that stole BTC from him during his case?

The ones that instigated and used the covert instruments of the most powerful country to exist against a fuckin 17 year old.

See how far down Google that has slid.

Re:Sam Bankman-Fried Sentenced to 25 Years by mhluongo on Thursday March 28, 2024 @07:03PM (#39858483)
My understanding was that that wasn't proven in the case, or part of the charges? Making it pretty messed up that it's what drove sentencing
Re:Sam Bankman-Fried Sentenced to 25 Years by kemayo on Thursday March 28, 2024 @12:01PM (#39853196)
...didn't the Silk Road guy (which is what I assume you're referencing) also hire assassins to attack his criminal-enterprise opponents?
Re:Sam Bankman-Fried Sentenced to 25 Years by mypastself on Thursday March 28, 2024 @12:11PM (#39853426)
Was he convicted of that?
Re:Sam Bankman-Fried Sentenced to 25 Years by TinyRick on Thursday March 28, 2024 @12:13PM (#39853467)
No, he was not convicted of that, only accused.
Re:Sam Bankman-Fried Sentenced to 25 Years by Jerrrry on Thursday March 28, 2024 @12:07PM (#39853335)
He "hired" an FBI agent to kill another (non existing) FBI agent after being extorted and lied to by an FBI agent.

But keep repeating the "truth" til it becomes facts.

Remember the autistic kids that get set up by the FBI?

That, but virtually.

Re:Sam Bankman-Fried Sentenced to 25 Years by icapybara on Thursday March 28, 2024 @12:12PM (#39853434)
Maybe I’m misunderstanding but are you suggesting that because he unknowingly hired a fake assassin, it’s not as bad of a crime?
Re:Sam Bankman-Fried Sentenced to 25 Years by kemayo on Thursday March 28, 2024 @12:16PM (#39853517)
I mean, the transcripts don't look great even if it turns out that he was actually talking to a FBI agent who never actually did anything about it:

> Dread Pirate Roberts 3/31/2013 8:59: Don't want to be a pain here, but the price seems high. Not long ago, I had a clean hit done for $80k. Are the prices you quoted the best you can do?

https://www.wired.com/2015/02/read-transcript-silk-roads-bos...

Re:Sam Bankman-Fried Sentenced to 25 Years by misiti3780 on Thursday March 28, 2024 @11:59AM (#39853150)
Are you comparing FTX to Silk Road?
Re:Sam Bankman-Fried Sentenced to 25 Years by joeybloey on Thursday March 28, 2024 @11:58AM (#39853140)
25 years is a long time ?
Re:Sam Bankman-Fried Sentenced to 25 Years by MBCook on Thursday March 28, 2024 @12:01PM (#39853212)
I think that’s their point.

But as white collar stuff goes seems pretty good to me.

Re:Sam Bankman-Fried Sentenced to 25 Years by user90131313 on Thursday March 28, 2024 @12:11PM (#39853415)
now do and calcualte how many years Sam Trabucco of alameda got? hint, first word is z
Re:Sam Bankman-Fried Sentenced to 25 Years by colinng on Saturday March 30, 2024 @01:27AM (#39872084)
Sam Bankman-Fried defrauded people. He didn’t intentionally create a digital black market, where everything from hit jobs, narcotics, poison, weapons, and human trafficking could (and were) conducted.

And since there are many well-known marketplaces for legal activities (eBay, Craigslist, Kijiji, Facebook Marketplace, AutoTrader.com, need I go on?) then the only defining feature was that this was a black market.

One cannot “accidentally” do this. So yes, aiding and abetting countless crimes and possibly murder —> life sentence.

In that context do you still find it unjust?