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Sam Bankman-Fried gets 25 years

[quote]He was convicted on seven charges with a combined maximum sentence of 110 years. The charges included wire fraud and conspiracy to commit wire fraud, securities fraud, commodities fraud, and money laundering.

[quote]His lawyers had asked for sentence of just 5 or 6 years, prosecutors sought 40 to 50. Kaplan also reportedly ordered a forfeiture of $11.2 billion but said there would be no actual restitution because it would be "impractical."

Bullshit.

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by Anonymousreply 25March 29, 2024 1:08 AM

He got off easy because that girlfriend was the real crime.

by Anonymousreply 1March 28, 2024 4:46 PM

The epitome of fugly. Therefore, immediate incarceration, with zero chance of parole.

by Anonymousreply 2March 28, 2024 4:50 PM

I doubt he got off easy with that girlfriend

by Anonymousreply 3March 28, 2024 4:53 PM

He lucked out.

by Anonymousreply 4March 28, 2024 4:56 PM

R3 Weren’t they swinging?

by Anonymousreply 5March 28, 2024 5:00 PM

They'll fly by!

by Anonymousreply 6March 28, 2024 5:03 PM

This is the current state of the US Legal System: You can try to overthrow the country's entire rule of law and walk away Scot free, but if you steal from rich, White people you get 25 years in prison.

by Anonymousreply 7March 28, 2024 5:14 PM

He will be out in 5 years and will definitely not be living in Connecticut on $1.9 million a year.

Probably has millions if not billions squirreled away somewhere.

by Anonymousreply 8March 28, 2024 5:20 PM

[quote] Kaplan also reportedly ordered a forfeiture of $11.2 billion but said there would be no actual restitution because it would be "impractical."

Well that’s fucking helpful.

by Anonymousreply 9March 28, 2024 5:31 PM

R9 Can’t he sell shoes, bibles, or trading cards to get the money?

by Anonymousreply 10March 28, 2024 5:39 PM

Girls, 25 years is a quarter of a century. That's not nothing. And no, R8, he won't be out in 5 years. LMAO.

by Anonymousreply 11March 28, 2024 5:44 PM

From CNN:

[quote]There is no parole in federal cases, but Bankman-Fried may still be able to shave years off his term.

[quote]“SBF may serve as little as 12.5 years, if he gets all of the jailhouse credit available to him,” Mitchell Epner, a former federal prosecutor, told CNN.

[quote]Federal prisoners generally can earn up to 54 days of time credit a year for good behavior, which could result in an approximately 15% reduction. Since 2018, however, nonviolent federal inmates can reduce their sentence by as much as 50% under prison reform legislation known as the First Step Act.

[quote]Epner said the First Step Act was billed as a civil rights measure, to help minority offenders who committed nonviolent drug-trafficking offenses.

[quote]“It has turned out to be an enormous boon for white-collar criminal defendants, who are already given much lower sentences … than drug-traffickers,” Epner added.

by Anonymousreply 12March 28, 2024 6:07 PM

He needs to get life in prison just for that hair!

by Anonymousreply 13March 28, 2024 6:11 PM

R12, 12.5 years is almost the same as what that bug-eyed Theranos bitch got. Again, it's not nothing.

by Anonymousreply 14March 28, 2024 6:14 PM

Bad day for the fugly club. Sam Bankman is off to jail, trump lawyer John Eastman, and former trump DOJ official Jeffrey Clarke facing disbarment. Good times.

by Anonymousreply 15March 28, 2024 6:27 PM

r15 And yet I'd trade all of that, and more, to see Teflon-in-Chief get a month of house arrest.

by Anonymousreply 16March 28, 2024 7:13 PM

[quote] month of house arrest.

Why so lenient, R16?

by Anonymousreply 17March 28, 2024 7:32 PM

Just being realistic, I doubt any of the judges will go for prison if he's found guilty.

by Anonymousreply 18March 28, 2024 7:34 PM

A month is nothing for all the rest of those bastards to go free.

by Anonymousreply 19March 28, 2024 7:44 PM

And yet Donald Trump remains free.

by Anonymousreply 20March 28, 2024 8:00 PM

R5 I think he and his girlfriend were a part of some gross polyuglycule, yeah

by Anonymousreply 21March 28, 2024 10:19 PM

I'm guessing he won't have to worry about jail rape.

by Anonymousreply 22March 28, 2024 10:29 PM

Excessive.

by Anonymousreply 23March 28, 2024 10:37 PM

It just needs to be a hole, r22, it doesn't need to be cute.

by Anonymousreply 24March 28, 2024 10:43 PM

R23 = Sammy B. Fried

by Anonymousreply 25March 29, 2024 1:08 AM
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