Judge Lewis A. Kaplan ordered the former billionaire remanded after prosecutors pushed to have his bail revoked, citing violations that included Bankman-Fried’s admitted usage of VPN software that he said was to watch an NFL game and the judge’s view that he had attempted to tamper with witnesses “at least twice.”
In the end it doesn’t matter much. He will be convicted and this will count as time served
He’s not facing two months. He’s facing 115 years to 155 years according to federal sentencing guidelines. Even if he’s only found guilty of one single count, he will do 20 years minimum.
Certain groups of internet people have been saying he’s going to get away with this the entire time. And everything points to the opposite. And now his bail has been revoked, and the goal post is being moved.
This dude is beyond fucked. It’s time to find someone else to talk about when it comes to the failures and special treatment related the justice department. Using him as an example of said failures really waters down that otherwise valid complaint.
I see your point, but SBF is still a great example of the inequalities of the justice system quite well. Not just because of this incident, but specifically because he is getting the book thrown at him.
SBF is the 2023 version of Ken Lay–he is being made an example because he stole from other rich people.
I wasn’t saying he was getting a plea deal. Just that this will count as part of his time.
Ah sorry I misunderstood.
It will count, but his time served won’t be a drop in the bucket. They’re gonna bury this clown.
If he violated terms of bail and committed a crime in doing so, that should result in bail forfeiture. Bail was $250 million.