His parents walk away with no consequences , what a JOKE
25 Years in prison is damn good, but I’d be lying if I said I wasn’t hoping for even more. Still a great thing that real punishment is being meted out.
Just a reminder that there were people who took their lives following FTXs collapse.
i’m autistic and it really disgusts me when people try to use it as a defense, being autistic doesn’t mean you can’t differentiate right from wrong especially when you’re as independent as a self-proclaimed genius like sam obviously is
As someone with autism, autism is not an excuse to commit financial fraud and ruin the lives of thousands if not millions Edit: oh damn this blew up uhhh SBF donate 8 billion to the Autism Self Advocacy Network challenge (impossible (he’s in jail))
I saw in an article that Sam Bankman-Fried has apparently figured out that since cigarettes have been banned in jail, the primary currency is apparently salted mackerel.
sbf's idea on how to pay everyone back: "What if we started, hear me out, a crypto currency exchange!?"
Can’t believe all that SBF stuff happened a year ago and the visit to the trial was just 8 months ago. Time sure flies
The whole "we will pay back the creditors" argument was silly. The judge has to base the sentence on current facts, not on something that probably may or may not happen in the future because it could easily be a bait and switch and I think the 25 years sentence was chosen with that in mind. If everyone does get paid eventually then he can use that as an argument to go on parole 2-3 years earlier maybe, but that will only happen after the payments are confirmed.
If we all make it 25 years from now, we're gonna hear "Sam Bankman-Fried let out of prison" and it's gonna be a wave of nostalgia.
Judge kind of split the baby. Prosecutors were asking for 50, probation office was asking for 100, defense lawyers asked for 6.5. 25 is a fair sentence, I don’t think the appeal will work out to lower the sentence. Nice work Judge Kaplan
Voidzilla feels pure and raw
Justice is served but what makes me sad is this. SBF is not going to jail for betraying regular hardworking people who invested in his products out of hope for a better life for their families, He is going to jail because he cost billionaire hedge fund managers their investments. If he just ripped us off....he would have gotten away with it
The real Elephant in the room got pushed under the rug and no one is talking about it. I hate what about arguments, but here we go. What about the fact that the DOJ dropped the charges for the campaign donations to so many politicians. Why have we not seen any of the communication documents and discussions that took place multiple times between SBF and Gary Gensler? Sam's mother is in charge of a super pac with friends in high places, so who is protecting who? There are so many dominos that need to fall if we truly are a nation of justice where the law applies to anybody and everybody. Still some seriously stinky fish in the room that needs to be addressed.
Now let's get the politicians that accepted SAMs money. Oh wait we aren't suppose to remember he basically bribed politicians off the books.
His parents not being thrown in jail with him is a huge miscarriage of justice. And this is not hyperbole, I literally cannot think of two people more aptly described by "should have known better". 25 for him is fair but 0 for his parents is outrageous.
SBF went from beloved to unloved and our favorite Internet detective went from Coffee to Void.
25 for stealing 8 billion dollars
Great points as always. Also, his customers took on risk they hadn't signed up for, and were put through a lot of stress and pain.
@the_newt_nest