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Sure, and we'll just trust that he'll be honest about what jobs he's doing and how much money he's earning. This is one of the lessons from the guy behind fyre
by SilverBirch 3y ago
Sure, and we'll just trust that he'll be honest about what jobs he's doing and how much money he's earning. This is one of the lessons from the guy behind fyre festival - even whilst on bail he started another fraud. Yes it would be nice if we could put people on the naughty step when they've done something wrong, but we can't. Sam Bankman-friend is a convicted fraudster, the idea that given the chance of freedom that he'd do anything other than continue to commit fraud is kind of ridiculous.
- avar 3y agoThere's a lot of jobs you could give someone who's a non-violent white collar offender where the cost of monitoring would be trivial, and where society overall would be getting a better deal than paying to keep someone in a cage. Like, send SBF to Antarctica to clean toilets for the next 10 years, or do the same at a military base, or allow them to work exclusively on oil platforms etc. Disagreeing that this should be done is one thing, but to claim that it can't be accomplished due to logistical difficulties just shows a severe lack of imagination. A US federal prisoner costs (according to some quick searching) ~$120/day, the minimum wage is ~$7.25. So to a first approximation you could get the guy a blue collar job paying taxes, and pay someone else to do nothing but watch him for 15 hours a day to certify that he's still doing manual labor, and still come out ahead.