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I haven't heard anything about Gary Wang and Caroline Ellison's criminal cases in a while. Anyone know the status of cases of these two? What kind of sentences

by Jerry2 2y ago

I haven't heard anything about Gary Wang and Caroline Ellison's criminal cases in a while. Anyone know the status of cases of these two? What kind of sentences are they expected to receive?

gizmo 2y ago
They cooperated and are charged with lesser crimes. I suspect they'll get less than 4 years each and serve maybe 2 (First Step Act). SBF put a ceiling on the sentencing because he was very guilty, fully in charge, and showed no remorse.
- Ajay-p 2y ago
  I think four years is the right amount of time, and serve the whole four. I don't see them as blatantly criminal as SBF, and while agreeing to plead guilty and testifying against SBF is good, it doesn't quite mitigate their role for two years. It makes one wonder, though.. If SBF had just a little bit of humility and plead guilty.. I could see him as getting less than 8.
  - SOLAR_FIELDS 2y ago
    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.
    - harambae 2y ago
      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 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)

by Jerry2 2y ago

I haven't heard anything about Gary Wang and Caroline Ellison's criminal cases in a while. Anyone know the status of cases of these two? What kind of sentences are they expected to receive?

gizmo 2y ago

They cooperated and are charged with lesser crimes. I suspect they'll get less than 4 years each and serve maybe 2 (First Step Act). SBF put a ceiling on the sentencing because he was very guilty, fully in charge, and showed no remorse.

Ajay-p 2y ago
I think four years is the right amount of time, and serve the whole four. I don't see them as blatantly criminal as SBF, and while agreeing to plead guilty and testifying against SBF is good, it doesn't quite mitigate their role for two years. It makes one wonder, though.. If SBF had just a little bit of humility and plead guilty.. I could see him as getting less than 8.
- SOLAR_FIELDS 2y ago
  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.
  - harambae 2y ago
    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 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)