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Sam Bankman-Fried sentencing - Does the punishment fit the crime?

By LeftFooted | bitcoinea | 29 Mar 2024


Sam Bankman-Fried got sentenced to 25 years in jail for the FTX chaos (and $11b in forfeiture). Does the punishment fit the crime?


A quarter of a century is a long time, regardless of how old the defendant is when he gets sentenced.


In Bankman-Fried's case, he's 32 now, and will be 55 when he gets out.


We should also point out that Bankman-Fried likely won't have to serve all 25 of those years.


Assuming good behaviour, 'cause quite frankly he doesn't strike me as a prison riot-inciting guy, he'll be out in 20 years or less. Realistically.


For white-collar crime, 25 years is statistically a harsh sentence. In most cases, similar criminals got less.


Then again some might argue anything less than life in prison is not enough.


So what do you think, is it a fair sentence?

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LeftFooted
LeftFooted

I’m a left-footed duck that loves writing. I write about cars, watches, craft beer and, you’ve guessed it, crypto Also active on read.cash


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