Sam Bankman-Fried sentenced to 25 years in prison ( www.web3isgoinggreat.com )

V0ldek , 2 months ago

From the defense lawyer's statement (after Molly White) :

Really, he's an awkward math nerd. He thinks in probabilities about everything. He speaks in expected value calculations. He loves video games and veganism (...)

Those are aggravating circumstances. If I'm the judge that's +10yrs just for "he speaks in EV calculations".

AcausalRobotGod , 2 months ago

This 25 year portion is going to be really easy to simulate!

db0 , 2 months ago

Boo, I was hoping for 40. He'll get out early enough to scam more.

SuckMyWang , 2 months ago

This is probably to satisfy the public. He’ll probably get closer from 5-10 and the rest will be watered down on appeals

Entropywins , 2 months ago

He is going to federal prison, which means he needs to serve 85% of his sentence or 21.25 years minimum.

sonori , 2 months ago

How much you want to bet that he is let out within fifteen for ‘good behavior’, ‘demonstrated an earnest commitment to changing his ways’ and the other reasons listed as to why wealthy people don’t spend long in prison.

db0 , 2 months ago

Far as I heard, reduction can only ever go down to 21

sonori , 2 months ago

Hua, that’s seems surprising little for a non violent offender not involved in drugs.

dgerard Mod , 2 months ago

he'll likely get low security and probably not horribly far from his parents' house

edit: judge has asked for medium security and as close to his parents' house as possible.

gnomicutterance , 2 months ago

Counterpoint: Nobody should spend 25 years in an American prison. Not even Sam.

db0 , 2 months ago

Sure, I'd rather Sam spent the rest of his life making up to his victims through public service works.

BruceTwarzen , 2 months ago

His poor billionaire victims

SomeoneSomewhere , 2 months ago

Were there not a fair pile of 'mom and pop' / young idiot 'investors' who got on the hype train and put in thousands or tens of thousands?