Former FTX Executive Ryan Salame Sentenced to 90 Months in Prison

Re:Former FTX Executive Ryan Salame Sentenced to 90 Months i... by SOLAR_FIELDS on Wednesday May 29, 2024 @05:12AM (#40509975)

If the trial is federal (and I believe it is) there’s no deal that gets you out of federal prison faster than 90% of time served I believe, and that’s for good behavior. Feds don’t have a parole system otherwise

Edit: it’s 54 days per year, not 90%

> The Act amended 18 U.S.C. § 3624(b) so that federal inmates can earn up to 54 days of good time credit for every year of their imposed sentence rather than for every year of their sentenced served. For example, this change means that an offender sentenced to 10 years in prison and who earns the maximum good time credits each year will earn 540 days of credit.

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Re:Former FTX Executive Ryan Salame Sentenced to 90 Months i... by harambae on Wednesday May 29, 2024 @11:36AM (#40513087)

First Step Act changed this and it could technically be 50% of time served since these crimes are nonviolent.

Here’s a 45 minute video if you really want to know more

https://youtu.be/Uv2FqM0Eaug

I know the "85%" meme that HN parrots incessantly but that’s not the fully story (not sure why anyone would expect programmers to be experts on federal incarceration nuances… I only am after a friend wound up in federal prison)

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