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re: Sam Bankman Fraud gets 25 years

Posted on 3/28/24 at 11:17 am to
Posted by laxtonto
Member since Mar 2011
1921 posts
Posted on 3/28/24 at 11:17 am to
I might not like it, but it’s in line with the top end for those convicted for fraud, but without some form of Ponzi scheme tied into it.

I would have liked 40-50, but 25 plus the $8 billion judgement should in effect make him a pauper in his 50s when he gets out.

In truth, I don’t see him lasting that long in prison. His personality and how many people he billed are going to motivate someone to take him out.
Posted by Night Vision
Member since Feb 2018
5021 posts
Posted on 3/28/24 at 11:43 am to
He'll be pardoned in less than a year.
Posted by BayouBandit24
Member since Aug 2010
16592 posts
Posted on 3/28/24 at 11:52 am to
quote:

$8 billion judgement should in effect make him a pauper


It was a crypto scheme. It would be naive to think that he doesn’t have plenty left over rat holed somewhere.
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