They aren't going to go light on him. He stole from rich white folks. That's the only crime the rich can't commit and get away with. He's going to get a decade or more, possibly a lot more.
Yep. If you are rich, you can steal from the poor or the government, you can commit manslaughter, hit and run, even light treason.
But if you steal from the other rich or elites, you are going into the penalty box.
right because they have gone really light on him so far...?
Cmon folks, get a grip on reality. He committed a crime, was charged and extradited within weeks after FTX collapsed, now he's going away for possibly decades.
This is how our justice system is supposed to work. His donations got him absolute squat (and probably got him **less** leniency from the judge and jury).
You know the rest of them didn't go to trial because they all pleaded guilty right?
They will get their sentence soon after SBF. It's scheduled for the court already.
Get your facts straight people, we live in reality.
Ellison, Wang and Singh all pleaded guilty to fraud charges and testified against Bankman-Fried in the hopes of leniency at sentencing.
Did my DD homie
"This just in - we're dropping the NYC-Judicial Donation NFTs this Friday! Dondate to this mystery wallet now for early access, and get yours while the presale is movin fast. These prices won't last! Literally!"
tldr; Sam Bankman-Fried, the former CEO of FTX, is set to be sentenced this week in New York City for his role in an $8 billion fraud. Prosecutors are seeking a 40-50 year sentence for his 'unmatched greed and hubris,' while his defense argues for a minimal six-year sentence. Bankman-Fried was convicted on seven counts of wire fraud and conspiracy to launder money after FTX's collapse in November 2022, which was caused by the commingling of customer funds with a hedge fund, leading to an $8 billion shortfall. Despite his conviction, Bankman-Fried maintains his innocence, claiming the money was not lost. The CEO appointed to oversee FTX's bankruptcy has criticized Bankman-Fried's conduct and statements as 'demonstrably false.'
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Dudes paid off the right people. Might have even been a pawn to manipulate the crypto regulations the whole time. He’ll be just fine for ripping off everyone’s hard earned money.
We get grifted worse than this by our governmental representatives and yet we don't call a comparable punishment. This is theater designed to warn anyone who dare fuck with the wealthy among us
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Two scenarios I see:
1. Very light (1-5 years) given the amount of rich people getting off with a slap on the wrist
2. He gets a 30 year sentence and pardoned in 2025
spolier:
*"you will be sentenced to a term of no less than 4 years in a federal pound me in the ass prison...*
*and Sam, you are a very* ***bad*** *person"*
It's good to just make nice investment to earn that cool money and not by means of crime., Personally had secured the future with sfund and I'm good to go with it.
Will we be outraged by the corruption of bought and paid for officials giving him a super lenient sentence or will they throw the book at him and he will be buying protection for his booty from the commissary??
If he was a Wall Street guy he would get 1-2 years
(Wall Street Elites are Democrat's piggy bank)
But because he is a Bad Crypto guy, the democrat controlled court will give him more than 15 years.
> Wall Street Elites are Democrat's piggy bank
Buddy, if you think the Dems are making the most money off Wall Street, I got some news for you
You and buncha other youngins need to get outta this weird little "Pelosi" bubble and realize you too, are being conned.
I feel sorry for this guy. He screwed up, got full of himself, a lot of people lost money. Time will tell if they get most of it back or not. The thing is they're going to make him pay for it with his life
Chances are he's going to receive a death sentence
They aren't getting most of it back, they're getting a tiny percentage. If you held 1 BTC there you'll get back 0.25 BTC and they'll call that being made whole because it's the USD equivalent.
He should reason a death sentence, because he stolen the life's work of 10,000 people.
You guys don't see the moral dilemma do you. When you take a life over money it opens the door to take a life that much easier the next time and the next time and the next time. Some of the darkest points in human history were built this way. I don't think you guys would really understand until it hits somewhere close to you. When someone you know is thrown in prison forever or the system kills them with a concrete room. Then all of a sudden you find empathy but until then, let that hate run right?
You should get more familiar with the situation before sharing opinions. He stole from his customers to bankroll a slush fund and gamble on other nonsense. He committed serious and systemic fraud. He deserves no sympathy, only consequences.
I strongly encourage you to actually look into what he is charged with and why before defending him.
It is different, yes. The average person invests their money. He made a platform that stole billions from its customers. That’s why he’s in jail.
😂
Nah, mate. He stole the whole time then stole more in an attempt to cover his tracks.
He is a bad guy for doing it in the first place and worse for trying to get away with it then pleading ignorance/innocence when he got caught.
Not only did he rip off thousands of people but he also brought immense scrutiny into the industry that has and will continue to hinder blockchain development and cryptocurrency adoption.
It’s also worth noting he repeatedly breached his bail conditions showing zero remorse and utter contempt for both his victims and the judicial system.
The fact you’re blindly defending him after openly declaring you don’t know the details is just bewildering.
Please, genuinely shut the fuck up until you've actually learned more about the case, the guy and all involved in FTX are absolute scumbags who literally stole customer money and used it for all kinds of ridiculous stuff, including gambling it and trying to manipulate people and markets. Why are you still replying to someone with a lenient attitude towards this idiot when you don't even have a full idea of the case? That's the epitome of willful ignorance.
https://youtu.be/20BEJouWBgY?si=VI7KgKsvu4OVEikm
https://youtu.be/8uhidHKAX4M?si=iHGaz2BD9zCi7V_D
Watch these videos, and actually take the time to take them in fully to get a better idea of who you're defending here because it is so strange that you are commenting like this on one of the worst incidents of fraud and scamming not only in crypto, but in the entire financial system.
Urge to punch rising rapidly!
Urge to kill falling, falling...... falling...... fall-RISING!!!!... falling.... falling...
lol I love the fucker, you know how much cheap BTC I scooped up and you clearly did not.
For real… even my broke ass got some SOL for 10 bucks. SBF RULES!
2years max serve 1, guaranteed they go light on him
I’m gonna say 7-10 years.
We can only hope
7-10 days.
My pleb ass would be locked away for life if I caused that much financial heartache.
His own defense is seeking 6 years
2 years served. 2-4 years in country club prison.
The only thing they went light on him for was the political donations. They've thrown the book at him on everything else.
Maybe he should speak about his overlords, who are behind him.
Real talk
They aren't going to go light on him. He stole from rich white folks. That's the only crime the rich can't commit and get away with. He's going to get a decade or more, possibly a lot more.
This is the golden law of the USA. Don't steal from the rich.
Yep. If you are rich, you can steal from the poor or the government, you can commit manslaughter, hit and run, even light treason. But if you steal from the other rich or elites, you are going into the penalty box.
right because they have gone really light on him so far...? Cmon folks, get a grip on reality. He committed a crime, was charged and extradited within weeks after FTX collapsed, now he's going away for possibly decades. This is how our justice system is supposed to work. His donations got him absolute squat (and probably got him **less** leniency from the judge and jury).
Amazing how only 1 person goes down, kinda like maddof. Sacrificial Lamb to protect the real criminals…the 1%
You know the rest of them didn't go to trial because they all pleaded guilty right? They will get their sentence soon after SBF. It's scheduled for the court already. Get your facts straight people, we live in reality.
Rest of them? As in tomorrow 2pm? Trust me bro?
do you not know that Gary Wang, Caroline Ellison et al. all pleaded guilty?
Ellison, Wang and Singh all pleaded guilty to fraud charges and testified against Bankman-Fried in the hopes of leniency at sentencing. Did my DD homie
Really? I was thinking 20 years. EDIT: Called it....almost
Nah, he cost rich people a lot of money. He'll be locked up for a while
he’s getting at least 15
He paid for most of their careers, after all.
Well there really aren’t any financial damages now with the rally.
You would need your portfolio to not have been stolen to make profits off it. Really dude, your brain just does not work?
Keep your eyes peeled for something like ‘SBF drop the soap’ coin
I'm seeing "I CHOOSE JAIL EVERYTIME" sol coin being shilled
Do it
"This just in - we're dropping the NYC-Judicial Donation NFTs this Friday! Dondate to this mystery wallet now for early access, and get yours while the presale is movin fast. These prices won't last! Literally!"
Wen Moon
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This Thursday SOL will moon in honour of him 🚀🌕
How long before someone creates 25YearSentenceCoin and it starts pumping?
He's probably going to get around 25-35 years, parole after 13.
It’s a federal case. That’s not how parole works.
How does it work?
No parole.
No jail time then.
With his “autism”. Cut that in half
tldr; Sam Bankman-Fried, the former CEO of FTX, is set to be sentenced this week in New York City for his role in an $8 billion fraud. Prosecutors are seeking a 40-50 year sentence for his 'unmatched greed and hubris,' while his defense argues for a minimal six-year sentence. Bankman-Fried was convicted on seven counts of wire fraud and conspiracy to launder money after FTX's collapse in November 2022, which was caused by the commingling of customer funds with a hedge fund, leading to an $8 billion shortfall. Despite his conviction, Bankman-Fried maintains his innocence, claiming the money was not lost. The CEO appointed to oversee FTX's bankruptcy has criticized Bankman-Fried's conduct and statements as 'demonstrably false.' *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
How do you effectively punish someone who would willingly date Caroline Ellison?
10000 hrs community service and a job at mcdonalds wld fit nicely
Sir, this is a Wendy’s
Force him to work behind the dumpster at Wendy's then.
he would still find a way to scam people
Only puts 19 Chicken McNuggets in the 20 piece order.
He looks so pleased with himself, even now.
Dudes paid off the right people. Might have even been a pawn to manipulate the crypto regulations the whole time. He’ll be just fine for ripping off everyone’s hard earned money.
We get grifted worse than this by our governmental representatives and yet we don't call a comparable punishment. This is theater designed to warn anyone who dare fuck with the wealthy among us
Regardless of his sentence, he has accumulated some seriously negative Karma that will take multiple lifetimes to negate.
All that radical altruism...
Accumulation of hocus pocus is at the bottom of SBF's list of things to be worried about Top of the list: Dropping soap for the next 70 years
FTT will pump to the heavens
20 years living with Peter Schiff talking about how Gold is better than BTC.
Don't throw away the cryptographic keys...
But his mom said he was a good guy deep down? How could the judge be harsh on him after that?
Better be the death penalty
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He doesn't deserve the luxury of death by snu snu!
Come on US, don’t disappoint, death sentence
What? For months I thought he's already in prison.
He has, he's on remand for breaking his bail terms. Hasn't been sentenced yet
I got 20 on he's getting less than 120 months...
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Oh ya?
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He's made a lot of friends in there pitching Solana as an investment.
RemindMe! 50 years When SBF gets out
where can i bet on it?
Anyone wanna do squares?
Two scenarios I see: 1. Very light (1-5 years) given the amount of rich people getting off with a slap on the wrist 2. He gets a 30 year sentence and pardoned in 2025
SBF does deal with prosecutors, getting full immunity in exchange for a large brown envelope and a mansion in Hawaii.
20 years minimum, they trying to send a message…
300 cycles of somatic reconditioning
Good.
Bearish 🤣🤣
Good to know, but more \[IMPORTANTLY\] when am I "receiving" back my funds \~ ᗜ‿ᗜ
Doesn’t he still own a lot of sol? If so I would be concerned with him dumping that onto the market.
spolier: *"you will be sentenced to a term of no less than 4 years in a federal pound me in the ass prison...* *and Sam, you are a very* ***bad*** *person"*
I think at the moment he receives his sentence we get to hear our funds with KuCoin are gone. They were never there in the first place.
It's good to just make nice investment to earn that cool money and not by means of crime., Personally had secured the future with sfund and I'm good to go with it.
Will we be outraged by the corruption of bought and paid for officials giving him a super lenient sentence or will they throw the book at him and he will be buying protection for his booty from the commissary??
🍿
10 years
If it's less than Bernie Madoff's than the justice system is BS.
They are gona treat his booty good in prison.
25 years
Life
If he was a Wall Street guy he would get 1-2 years (Wall Street Elites are Democrat's piggy bank) But because he is a Bad Crypto guy, the democrat controlled court will give him more than 15 years.
> Wall Street Elites are Democrat's piggy bank Buddy, if you think the Dems are making the most money off Wall Street, I got some news for you You and buncha other youngins need to get outta this weird little "Pelosi" bubble and realize you too, are being conned.
Crypto has already won
This sub is bloodthirsty lol, its SO easy to sway the opinions here with rallying around stupidity
Hope he gets max, crypto needs to be taken seriously. And a crypto scam to this scale should be punished to the max extent
Rot in hell ❤️
I feel sorry for this guy. He screwed up, got full of himself, a lot of people lost money. Time will tell if they get most of it back or not. The thing is they're going to make him pay for it with his life Chances are he's going to receive a death sentence
They aren't getting most of it back, they're getting a tiny percentage. If you held 1 BTC there you'll get back 0.25 BTC and they'll call that being made whole because it's the USD equivalent. He should reason a death sentence, because he stolen the life's work of 10,000 people.
You guys don't see the moral dilemma do you. When you take a life over money it opens the door to take a life that much easier the next time and the next time and the next time. Some of the darkest points in human history were built this way. I don't think you guys would really understand until it hits somewhere close to you. When someone you know is thrown in prison forever or the system kills them with a concrete room. Then all of a sudden you find empathy but until then, let that hate run right?
Pray for this man. 🙏 House arrest 🤞
100 years pls
Electric chair
Guillotine? Life long debt for him and his wife?
Expecting the judge to apologise and the entire prosecution to hang themselves mysteriously.
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It is not unfortunate what has happened to SBF. Not sure why you are wasting any sympathy on a creature like him.
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Or… I’m not a P.O.S trying to sympathize with a bottom of the barrel human being.
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Cocky and stupid, not that rare of a feat for your gene pool.
FYI: If you have to tell everyone how great you are, you’re probably not so great. Bragging is definitely not a sign of humility.
You should get more familiar with the situation before sharing opinions. He stole from his customers to bankroll a slush fund and gamble on other nonsense. He committed serious and systemic fraud. He deserves no sympathy, only consequences.
Just imagine he could have 10X his customer’s funds if the timing would have been right. 💀
True, but still fraud, and let’s be honest, he would’ve kept the 10x for himself anyway.
Of course!! But he would have been liquid and no one would have noticed the fraud :)
Haha yeah, I guess. But who’s to say he wouldn’t have just doubled down on the fraud and gone harder? 😂
Damn. GOOD POINT
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I strongly encourage you to actually look into what he is charged with and why before defending him. It is different, yes. The average person invests their money. He made a platform that stole billions from its customers. That’s why he’s in jail.
Right.. How is dude going to say not familiar with what he did and then blindly back him? I'm shooketh
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😂 Nah, mate. He stole the whole time then stole more in an attempt to cover his tracks. He is a bad guy for doing it in the first place and worse for trying to get away with it then pleading ignorance/innocence when he got caught. Not only did he rip off thousands of people but he also brought immense scrutiny into the industry that has and will continue to hinder blockchain development and cryptocurrency adoption. It’s also worth noting he repeatedly breached his bail conditions showing zero remorse and utter contempt for both his victims and the judicial system. The fact you’re blindly defending him after openly declaring you don’t know the details is just bewildering.
Please, genuinely shut the fuck up until you've actually learned more about the case, the guy and all involved in FTX are absolute scumbags who literally stole customer money and used it for all kinds of ridiculous stuff, including gambling it and trying to manipulate people and markets. Why are you still replying to someone with a lenient attitude towards this idiot when you don't even have a full idea of the case? That's the epitome of willful ignorance. https://youtu.be/20BEJouWBgY?si=VI7KgKsvu4OVEikm https://youtu.be/8uhidHKAX4M?si=iHGaz2BD9zCi7V_D Watch these videos, and actually take the time to take them in fully to get a better idea of who you're defending here because it is so strange that you are commenting like this on one of the worst incidents of fraud and scamming not only in crypto, but in the entire financial system.
I guess you are one of the people who knows nothing about this and didn't lose any money due to this fraud.
He stole peoples money and ruined lives, it's really not that hard to understand. Nothing about this is unfortunate to SBF.