Sam Bankman-Fried sentenced to 25 years in prison

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.

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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?

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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.

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