3 ms·

I bet it’s less than 7 years total and probably serves less than 5. Our justice system is weak on white collar crime and SBF is politically connected.

tptacek 4y ago
That's a dumb bet. The crimes he'd be on the hook for all have sentences that mostly hinge on 2B1.1(b), which scales sentences by the dollar amount of the crime. He'll easily be into double digit years just based on the dollar amounts involved here, if he's convicted. He'll also be charged federally. There is no federal parole.
- diogenescynic 4y ago
  SBF is the largest donor to the Democratic Party this year and his mom runs an org that raises hundreds of millions for political bribes each year. I'm sure that won't be forgotten. Elizabeth Holmes committed worse crimes and got a slap on the wrist--mostly because the was stealing from the elite. People are going to forget all about SBF and he'll get charged in a few years and get forgotten until he times some meager sentence and then re-emerges a few years later as the new Jordan Belfort, probably selling some new get rich quick scheme.
  - tptacek 4y ago
    OK. Want to bet?
bovinejoni 4y ago
It wasn’t weak on madoff or holmes, both politically connected
- diogenescynic 4y ago
  I'd disagree. Madoff was a token/scapegoat and Holmes got off easy. They both also took from the rich--which the rich don't like. SBF stole from small timers on the internet. He'll get charged in a few years when no one cares anymore and let off easy.
iampivot 4y ago
Is his crimes worse than Elizabeth Holmes? She got 11 years.
- diogenescynic 4y ago
  Personally I don't think so. Elizabeth Holmes actions could have killed people who were making health decisions based on totally fake results. SBF stole money people were gambling/speculating with. Both are bad, but only one of these could have directly led to the deaths of their customers.
dragonwriter 4y ago
> I bet it’s less than 7 years total and probably serves less than 5. Unless his sentence is commuted, its not possible for a 7 year federal sentence to result in release in 5; there is no federal parole, and good conduct time is limited to 54 days per year.

tptacek 4y ago

That's a dumb bet. The crimes he'd be on the hook for all have sentences that mostly hinge on 2B1.1(b), which scales sentences by the dollar amount of the crime. He'll easily be into double digit years just based on the dollar amounts involved here, if he's convicted. He'll also be charged federally. There is no federal parole.

diogenescynic 4y ago
SBF is the largest donor to the Democratic Party this year and his mom runs an org that raises hundreds of millions for political bribes each year. I'm sure that won't be forgotten. Elizabeth Holmes committed worse crimes and got a slap on the wrist--mostly because the was stealing from the elite. People are going to forget all about SBF and he'll get charged in a few years and get forgotten until he times some meager sentence and then re-emerges a few years later as the new Jordan Belfort, probably selling some new get rich quick scheme.
- tptacek 4y ago
  OK. Want to bet?

bovinejoni 4y ago

It wasn’t weak on madoff or holmes, both politically connected

diogenescynic 4y ago
I'd disagree. Madoff was a token/scapegoat and Holmes got off easy. They both also took from the rich--which the rich don't like. SBF stole from small timers on the internet. He'll get charged in a few years when no one cares anymore and let off easy.

iampivot 4y ago

Is his crimes worse than Elizabeth Holmes? She got 11 years.

diogenescynic 4y ago
Personally I don't think so. Elizabeth Holmes actions could have killed people who were making health decisions based on totally fake results. SBF stole money people were gambling/speculating with. Both are bad, but only one of these could have directly led to the deaths of their customers.

dragonwriter 4y ago

> I bet it’s less than 7 years total and probably serves less than 5. Unless his sentence is commuted, its not possible for a 7 year federal sentence to result in release in 5; there is no federal parole, and good conduct time is limited to 54 days per year.