4 ms·

25 years for stealing billions, life for running a website where people broke the law. Justice inc.

by jtriangle 3y ago

SlightlyLeftPad 3y ago
It’s not about justice. It’s all about who you know.
- riku_iki 3y ago
  More like they robbed rich, which is no-no. Robbing poor is ok.
joeybloey 3y ago
[flagged]
- MBCook 3y ago
  I think that’s their point. But as white collar stuff goes seems pretty good to me.
misiti3780 3y ago
Are you comparing FTX to Silk Road?
cactusplant7374 3y ago
https://en.wikipedia.org/wiki/Ross_Ulbricht https://en.wikipedia.org/wiki/Ross_Ulbricht > The evidence that Ulbricht had commissioned murders was considered by the judge in sentencing Ulbricht to life and was a factor in the Second Circuit's decision to uphold the sentence. If this is what you are referring to... Commissioning murders makes him quite a dangerous person.
- Jerrrry 3y ago
  [flagged]
- mhluongo 3y ago
  My understanding was that that wasn't proven in the case, or part of the charges? Making it pretty messed up that it's what drove sentencing
kemayo 3y ago
...didn't the Silk Road guy (which is what I assume you're referencing) also hire assassins to attack his criminal-enterprise opponents?
- Jerrrry 3y ago
  He "hired" an FBI agent to kill another (non existing) FBI agent after being extorted and lied to by an FBI agent. But keep repeating the "truth" til it becomes facts. Remember the autistic kids that get set up by the FBI? That, but virtually.
  - icapybara 3y ago
    Maybe I’m misunderstanding but are you suggesting that because he unknowingly hired a fake assassin, it’s not as bad of a crime?
  - deleted 3y ago
    [deleted]
  - kemayo 3y ago
    I mean, the transcripts don't look great even if it turns out that he was actually talking to a FBI agent who never actually did anything about it: > Dread Pirate Roberts 3/31/2013 8:59: Don't want to be a pain here, but the price seems high. Not long ago, I had a clean hit done for $80k. Are the prices you quoted the best you can do? https://www.wired.com/2015/02/read-transcript-silk-roads-boss-ordering-5-assassinations/ https://www.wired.com/2015/02/read-transcript-silk-roads-bos...
- mypastself 3y ago
  Was he convicted of that?
- deleted 3y ago
  [deleted]
user90131313 3y ago
now do and calcualte how many years Sam Trabucco of alameda got? hint, first word is z
A_D_E_P_T 3y ago
In fairness, even 25 years is more than they give the average murderer. https://www.ussc.gov/sites/default/files/pdf/research-and-publications/federal-sentencing-statistics/state-district-circuit/2022/nys22.pdf https://www.ussc.gov/sites/default/files/pdf/research-and-pu... You could quite reasonably argue that SBF's sentence was, if anything, excessive. And, by extension, that Ulbricht's was simply grotesque.
colinng 3y ago
Sam Bankman-Fried defrauded people. He didn’t intentionally create a digital black market, where everything from hit jobs, narcotics, poison, weapons, and human trafficking could (and were) conducted. And since there are many well-known marketplaces for legal activities (eBay, Craigslist, Kijiji, Facebook Marketplace, AutoTrader.com, need I go on?) then the only defining feature was that this was a black market. One cannot “accidentally” do this. So yes, aiding and abetting countless crimes and possibly murder —> life sentence. In that context do you still find it unjust?

25 years for stealing billions, life for running a website where people broke the law. Justice inc.

SlightlyLeftPad 3y ago

It’s not about justice. It’s all about who you know.

riku_iki 3y ago
More like they robbed rich, which is no-no. Robbing poor is ok.

joeybloey 3y ago

[flagged]

MBCook 3y ago
I think that’s their point. But as white collar stuff goes seems pretty good to me.

misiti3780 3y ago

Are you comparing FTX to Silk Road?

cactusplant7374 3y ago

https://en.wikipedia.org/wiki/Ross_Ulbricht https://en.wikipedia.org/wiki/Ross_Ulbricht > The evidence that Ulbricht had commissioned murders was considered by the judge in sentencing Ulbricht to life and was a factor in the Second Circuit's decision to uphold the sentence. If this is what you are referring to... Commissioning murders makes him quite a dangerous person.

Jerrrry 3y ago
[flagged]
mhluongo 3y ago
My understanding was that that wasn't proven in the case, or part of the charges? Making it pretty messed up that it's what drove sentencing

kemayo 3y ago

...didn't the Silk Road guy (which is what I assume you're referencing) also hire assassins to attack his criminal-enterprise opponents?

Jerrrry 3y ago
He "hired" an FBI agent to kill another (non existing) FBI agent after being extorted and lied to by an FBI agent. But keep repeating the "truth" til it becomes facts. Remember the autistic kids that get set up by the FBI? That, but virtually.
- icapybara 3y ago
  Maybe I’m misunderstanding but are you suggesting that because he unknowingly hired a fake assassin, it’s not as bad of a crime?
- deleted 3y ago
  [deleted]
- kemayo 3y ago
  I mean, the transcripts don't look great even if it turns out that he was actually talking to a FBI agent who never actually did anything about it: > Dread Pirate Roberts 3/31/2013 8:59: Don't want to be a pain here, but the price seems high. Not long ago, I had a clean hit done for $80k. Are the prices you quoted the best you can do? https://www.wired.com/2015/02/read-transcript-silk-roads-boss-ordering-5-assassinations/ https://www.wired.com/2015/02/read-transcript-silk-roads-bos...
mypastself 3y ago
Was he convicted of that?
deleted 3y ago
[deleted]

user90131313 3y ago

now do and calcualte how many years Sam Trabucco of alameda got? hint, first word is z

A_D_E_P_T 3y ago

In fairness, even 25 years is more than they give the average murderer. https://www.ussc.gov/sites/default/files/pdf/research-and-publications/federal-sentencing-statistics/state-district-circuit/2022/nys22.pdf https://www.ussc.gov/sites/default/files/pdf/research-and-pu... You could quite reasonably argue that SBF's sentence was, if anything, excessive. And, by extension, that Ulbricht's was simply grotesque.

colinng 3y ago

Sam Bankman-Fried defrauded people. He didn’t intentionally create a digital black market, where everything from hit jobs, narcotics, poison, weapons, and human trafficking could (and were) conducted. And since there are many well-known marketplaces for legal activities (eBay, Craigslist, Kijiji, Facebook Marketplace, AutoTrader.com, need I go on?) then the only defining feature was that this was a black market. One cannot “accidentally” do this. So yes, aiding and abetting countless crimes and possibly murder —> life sentence. In that context do you still find it unjust?