Re:Sam Bankman-Fried sentenced to 25 years in prison
by klodolph on Thursday March 28, 2024 @12:00PM
(#39853181)
25 years is a damn long time. I don’t know how that can “seem low”.
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Re:Sam Bankman-Fried sentenced to 25 years in prison
by themaninthedark on Thursday March 28, 2024 @12:25PM
(#39853718)
I think it seems low because of the magnitude of the crime. Also because we punish more violent crimes with very harsh sentences including charging non-violent perpetrators with violent crimes(Felony Murder).
Add in the desire to be seen as doing something with sentencing inflation and your get multiple hundred year sentences.
At first I felt that 25 years was short but thinking about it, he will be ~60 when he gets out... so maybe not too short.
Re:Sam Bankman-Fried sentenced to 25 years in prison
by tempsy on Thursday March 28, 2024 @12:33PM
(#39853900)
if he does 85% and after accounting for the year and a half he’s already been in prison he’ll probably get out by 50
Re:Sam Bankman-Fried sentenced to 25 years in prison
by SoftTalker on Thursday March 28, 2024 @12:23PM
(#39853669)
Part of it is that he took it to trial. He likely could have negotiated a deal for single-digit years if he had admitted guilt and cooperated.
Re:Sam Bankman-Fried sentenced to 25 years in prison
by axus on Thursday March 28, 2024 @12:36PM
(#39853948)
I don't think we should pressure people into admitting guilt, but cooperating could be important. What more should he have done to help the people affected by his fraud?
Re:Sam Bankman-Fried sentenced to 25 years in prison
by SoftTalker on Thursday March 28, 2024 @03:47PM
(#39856476)
I agree we should not pressure it but if you are guilty and caught with your hand in the cookie jar, it could be your best option. A good attorney will advise you if your best course is to minimize the damage by accepting a plea deal.
Re:Sam Bankman-Fried sentenced to 25 years in prison
by objektif on Thursday March 28, 2024 @12:04PM
(#39853283)
How much Bernie madoff got?
Re:Sam Bankman-Fried sentenced to 25 years in prison
by kosievdmerwe on Thursday March 28, 2024 @12:15PM
(#39853489)
Madoff spent ~12 years in prison before he died at 82.
They gave him a 150 year sentence for a crime on par-ish with SBF's crimes, because at 70 there is little difference between 20 years and 100 years, so you may as well go for the shock value.
Re:Sam Bankman-Fried sentenced to 25 years in prison
by zarzavat on Thursday March 28, 2024 @12:13PM
(#39853449)
He was already old so he was going to die in prison whatever happened.
Re:Sam Bankman-Fried sentenced to 25 years in prison
by arrowsmith on Thursday March 28, 2024 @12:12PM
(#39853444)
150 years - of which he served 12 years before dying in prison.