Sixteen months after the collapse of his FTX cryptocurrency exchange, Sam Bankman-Fried has been sentenced to 25 years in prison. He has also been ordered to pay an $11 billion monetary judgment.The sentence follows his conviction on all seven felony charges in November 2022 — a decision reached by the jury within hours of beginning their deliberations.Bankman-Fried intends to appeal the conviction.
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.
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.
Far as I heard, reduction can only ever go down to 21
Hua, that’s seems surprising little for a non violent offender not involved in drugs.
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.