FTX fraudster Sam Bankman-Fried sentenced to 25 years in prison

Someonelol , 3 months ago

We need the death penalty for something like this in the US. Caning is also an appropriate punishment IMO. I don't care if the crime isn't considered violent, his actions have undoubtedly led to some deaths of despair and his punishment should reflect that.

L0rdMathias , 3 months ago

Imagine being able to pay off a 10 billion dollar debt with just 25 years in prison. Proportionally, any normal person that defaults on a regular amount of debt should logically be able to rectify that with just a week in the county jail. 10 billion buckaroos for 25 years is dirt cheap.

Meanwhile, Vietnam is seeking the death penalty for multi-billion dollar fraud because of the untold damage done, and a lack of remorse by pleading not guilty and trying to get away with it. The US just can't seem to beat 'nam when it matters.

BrikoX OP Mod , 3 months ago (edited 3 months ago)

Way too light of a sentence. The way financial crimes are viewed by the courts is a fucking joke.

givesomefucks , 3 months ago

The only reason he's getting this much is he fucked over investment firms.

If he had just fucked over regular people, he'd maybe do a tenth of this time.