7 ms·

I think that's about fair and reasonable. It's been said in Europe he would not have gotten more than years and it's probably true. 25 years is a really long ti

by bambax 3y ago

I think that's about fair and reasonable. It's been said in Europe he would not have gotten more than years and it's probably true. 25 years is a really long time and even if he does only 20, still super long. Here's a live tweeting of the sentencing hearing; some of Judge Kaplan's remarks are really interesting. https://twitter.com/innercitypress/status/1773340043744010640 https://twitter.com/innercitypress/status/177334004374401064...

TrackerFF 3y ago
Tbh, a bunch of American (high profile) lawyers had estimated that he'd only get a couple of years, max, as he had no prior convictions - and the nature of the case.
- EasyMark 3y ago
  I think they must be unfamiliar with the federal judicial system which is almost always on the conservative side of sentencing unless there were some extremely extenuating circumstances. There were none here, this was straight up greed and grift on Sam's part.
- rrrrrrrrrrrryan 3y ago
  Those slap-on-the-wrist punishments are reserved for members of the already-wealthy elite. SBF was an outsider who stole from these people.
tombert 3y ago
If I broke into a person's house and stole $1000, even if I didn't directly hurt that person, I could expect to get several years in prison, basically regardless of the state. Lets say three years to be conservative on this? Sam Bankman Fried stole billions of dollars [1], probably often around $1000 at a time from tens of thousands of people. If going with my logic, he should be getting a lot longer than 25 years, upwards of hundreds or thousands of years. Obviously, it's not a linear relationship, the crime was non-violent, first-time-offender, etc. I'm just saying that 25 years seems pretty fair to me considering the magnitude of the crime. I am one of the victims (well, of Gemini Earn anyway), and I think if I were given the choice, I'd probably sentence him to 20-25 years. [1] Or at least so grossly mismanaged that there's no real purpose in drawing a distinction.
- shuckles 3y ago
  > If I broke into a person's house and stole $1000, even if I didn't directly hurt that person, I could expect to get several years in prison Almost definitely not, especially if it was your first crime. It’s pretty unlikely you’d even be caught. Severity of the punishment has extremely diminishing returns on discouraging future crimes. The only other impetus for a longer sentence is if you think the defendant is likely to commit more crimes when released. Besides that, longer sentences are hard to justify.
  - tombert 3y ago
    I do think that Sam Bankman Fried will commit more fraud the second he is able to. He hasn't shown any remorse, and he just blames everyone else for this mess even when there's dead-to-rights evidence.
- lijok 3y ago
  Why do you think SBF requires 20-25 years to rehabilitate?
  - throwup238 3y ago
    We don’t rehabilitate in this country.
    - rootusrootus 3y ago
      "Won't someone please think of the poor criminals" is definitely a tough sell in the US.
      - lo_zamoyski 3y ago
        Compassion for criminals who get what they deserve is false compassion. The victim is the proper object of compassion. The three purposes of punishment are retribution, rehabilitation, and deterrence. Him getting 25 years isn't undeserved.
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helpmefindpurp 3y ago
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ponector 3y ago
In comparison to his cellmate, ex president of Honduras, who got 40 mandatory years this is not a super long sentence. On 8 March 2024, Hernández was convicted of three counts of drug trafficking and weapons conspiracy and faces mandatory minimum sentence of 40 years in prison.

by bambax 3y ago

TrackerFF 3y ago

Tbh, a bunch of American (high profile) lawyers had estimated that he'd only get a couple of years, max, as he had no prior convictions - and the nature of the case.

EasyMark 3y ago
I think they must be unfamiliar with the federal judicial system which is almost always on the conservative side of sentencing unless there were some extremely extenuating circumstances. There were none here, this was straight up greed and grift on Sam's part.
rrrrrrrrrrrryan 3y ago
Those slap-on-the-wrist punishments are reserved for members of the already-wealthy elite. SBF was an outsider who stole from these people.

tombert 3y ago

If I broke into a person's house and stole $1000, even if I didn't directly hurt that person, I could expect to get several years in prison, basically regardless of the state. Lets say three years to be conservative on this? Sam Bankman Fried stole billions of dollars [1], probably often around $1000 at a time from tens of thousands of people. If going with my logic, he should be getting a lot longer than 25 years, upwards of hundreds or thousands of years. Obviously, it's not a linear relationship, the crime was non-violent, first-time-offender, etc. I'm just saying that 25 years seems pretty fair to me considering the magnitude of the crime. I am one of the victims (well, of Gemini Earn anyway), and I think if I were given the choice, I'd probably sentence him to 20-25 years. [1] Or at least so grossly mismanaged that there's no real purpose in drawing a distinction.

shuckles 3y ago
> If I broke into a person's house and stole $1000, even if I didn't directly hurt that person, I could expect to get several years in prison Almost definitely not, especially if it was your first crime. It’s pretty unlikely you’d even be caught. Severity of the punishment has extremely diminishing returns on discouraging future crimes. The only other impetus for a longer sentence is if you think the defendant is likely to commit more crimes when released. Besides that, longer sentences are hard to justify.
- tombert 3y ago
  I do think that Sam Bankman Fried will commit more fraud the second he is able to. He hasn't shown any remorse, and he just blames everyone else for this mess even when there's dead-to-rights evidence.
lijok 3y ago
Why do you think SBF requires 20-25 years to rehabilitate?
- throwup238 3y ago
  We don’t rehabilitate in this country.
  - rootusrootus 3y ago
    "Won't someone please think of the poor criminals" is definitely a tough sell in the US.
    - lo_zamoyski 3y ago
      Compassion for criminals who get what they deserve is false compassion. The victim is the proper object of compassion. The three purposes of punishment are retribution, rehabilitation, and deterrence. Him getting 25 years isn't undeserved.
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helpmefindpurp 3y ago

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ponector 3y ago

In comparison to his cellmate, ex president of Honduras, who got 40 mandatory years this is not a super long sentence. On 8 March 2024, Hernández was convicted of three counts of drug trafficking and weapons conspiracy and faces mandatory minimum sentence of 40 years in prison.