Legal experts weigh in on Sam Bankman-Fried's 25-year prison sentence
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- เผยแพร่เมื่อ 12 พ.ค. 2024
- Paul Tuchmann, a former federal prosecutor and current partner at Wiggin and Dana, and crypto-focused attorney Zack Shapiro, managing partner at Rains Law Firm, provide legal insight into Sam Bankman-Fried's 25-year prison sentence.
Mom and Dad need to be in prison also .
He should've been sentenced to at least 120 years in prison; the pain and damage and suffering he and his group of scamming criminals did to millions of innocent people around the world, There is no Justice in United States of America, Just because he is [ member of the Chosen one ] doesn't mean he is above the law [ or maybe, only in United States of America, [Chosen one] get free pass. JUSTICE NOT SERVED.
25 years seems appropriate. Fraud at this scale can certainly cause real consequences similar to murder. Just consider the knock on effects of defaulting on loans, rent, medical bills, even leading people to suicide. Certainly not a victimless crime.
We can now safely conclude that crypto is a SCAM!!
25 years was exactly what seemed reasonable to me. How does what he did compare to what Elizabeth Holmes did? They seem ethically similar to me. She only got 11 years. I suspect that most people aren't up for putting a young woman with children in prison for 25 years and Holmes got the benefit of that.
As an aside I'm 74. I probably won't be around to see SBF get out of jail, but my dad lived to 105 so I have some hope I'll make it.
He lost 16 $ Billion! How is it possible, $16 Billion is not a needle to be lost! That money finished somewhere. How come that nobody ask that simple question! Where is 16 Billion Dollars?
His money was invested in his own cryptocurrency pumping up the value of that cryptocurrency in a fake way when everybody figured out what he was doing was a fraud his cryptocurrency which was worth billions and billions and billions of dollars became worthless
Very light sentence….disappointing! Justice system is broken
People get way less for murder so on that scale this is excessive
This is BS. He at minimum should have been given a 100-year sentence. I just read today that a man in Ocala, Fl (Dusty Ritrovato, 40) was given a 4-year sentence for stealing a dishwasher from a construction site. How much money was slipped into the judge's pocket?
Guilty for exploiting greed and stupidity. Lots of missing money was donated to Politicians.
He deserves more sentences.
Great commentary, deserves more views. but now let’s hear about SBF’s parents getting indicted, along with Gensler.
Meh. SBF will probably have his sentence reduced to 20 years on appeal and come out for being such a good boy in 13 after chilling in one of them light federal prison camps like that Elizabeth Holmes chick.
You know nothing about Federal sentencing laws and are simpply making up stuff that sounds plausible to you, but not to anybody who knows anything, as you blow along.
You need to grow up before you hurt yourself or others with your stupidity.
From 115 to 25? Those lawyers worked 24/7
the 'legal experts' opinion about remorse affecting the sentence is plain stupid. The crime is the crime regardless of the APPEARANCE of remorse. It is not a significant factor. The legal expert is a joke!
showing remorse does not affect sentence length. Ive see it both ways, and they get the book thrown at them regardless.
In similar case with Full Tilt Poker in 2011 nobody got any jail time. It was a systematic theft of depositors money.
"Full Tilt Poker owed players around the world $390 million, including $150 million in the U.S., but had only $60 million in its bank accounts."
Second guy needs to put what they tell him to say strait ahead his script would look more real just a thought
Yeah, this was an embarrassing "expert" indeed!!
Better call Saul!😂
Was the second guest reading off a script? 😅
probably... They said 7.x Billion was missing... then they said they found most of it... then it was 8 Billion rounded up which was normal.... then some news outlets are reporting 9billion and 10billion... I just watched Bloomberg and now they're saying 11 Billion... It all seems fake to have a story for a need for crypto regulation etc and to scare people to invest into crypto because a lot of people don't hear anything besides the words Crypto and SBF 25 years LOL but Nepotism would definitely be important if they wanted to fake this whole story... even his EX girlfriends dad worked with Gary G... Defiantly seems SUS... lol
LOL, yeah, his eyes were always shifting to his left.
Weak performance indeed‼️
Putting rich people in prison is robbing society of unlimited talent which we need desperately. Prison is for working class and poor people, not these extraordinary individuals. The do too much good to be locked away.
Thank you for the most satiric post I have read in a long time........uh you are of course being satiric are you not?
So based on this sentence , what will Ellison and Wang get . Should be 75% of what SBF got, and it is time his parents were charged
Why should his parents be charged?
My guess.....1-2 years, huge fines to claw back their ill gotten gains, and total ban from securities industry for life.
@@MsCardio1 The fraud, money laundering, misappropriation of funds, perjury and such are going to mean far more than 1-2 years. But once the bankruptcy trustee starts paying out the depositor and investor money the total years should come way down from 25 years.
Put him in the blackist prison in America
Sorry and $5 will get you a cup of coffee at Starbucks
This is a huge sentence by U.K. standards, here he would get max 10 years (typically 4-5 years) and out after 1/2 😬 If he serves his full sentence he loses the best years of his life!
People get less for murder so it’s ok but I’m sure he will be fine coming out to the buried money
Fresh Fish. Adoption day for Sammy. He’ll be getting a new Daddy soon..
Its lonely in federal jail i suppose
What only 25 years billions scam how 25 years will pay all this billions scam
At least three of FTX's customers committed suicide due to Sam's actions. Too bad Sam can't be convicted of manslaughter. He ruined many lives and does not seem to care. He is likely to spend 20 years in prison and be out by the age of 52. I cannot imagine anyone wanting to give him a job so he is likely to pursue fraud again as it's a career he knows well.
Great news!
Does Sam Bankman-Fried get less with good behavior?
Yes he will only really do 6-8 years with good behavior…some of victims will take a life time to make the money they lost ..sad white collar crime does pay
And of course, CNBC crypto desk says justice has been served, that won't happen again, so start buying crypto again, suckers! Er, I mean, Future Millionaires
He’ll be pardoned shortly after the election.
Great work, Lala_ dispute1 I'm thrilled that you're actively combatting these scammers. It's crucial to prioritize the safety of the elderly and the public by taking every necessary measure to protect them. You truly deserve recognition for your efforts!
Why the investors not to blame for being stupid. I am giving millions to a guy who where shorts to work.
25 years too harsh. 15 years max.
agreed. this kid was barely 30 and its a nonviolent crime. also, had no prior record...
Theres people that shoot people with a long history of violence and court, and they dont even get 25 years lol
@@Scorch428 do either of you understand the HUGE financial lose he caused? He knew what he was doing and age is no excuse.
Thanks for continuing updates I'd rather trade the stock market as it's more profitable. I make an average of $34,500 per week even though I barely trade myself.
I'm favoured financially, Thank you Jesus $32,000 weekly profit regardless of how bad it gets on the economy.
How
..? Am a newbie in crypto investment, please can you guide me through on how you made profit?
Thanks to Mrs Charlotte Goldyn Allan
She's a licensed broker here in the states
YES!!! That's exactly her name (Charlotte Goldyn Allan) so many people have recommended highly about her and am just starting with her 😊 from Brisbane Australia🇦🇺
Les’t keep pretending that all of this is real! Hi we’ll have a Presidential Pardon!..as soon is convenient..for The Ones who can do that..🤐 yt 🚫.
I'll be shocked if he does half of his sentence. I'm surprised he was even put on trial!
UC Davis has meals for every country in the eastern countrys so he is covered for health recovery today military rehab and housing of the uited states government no we only service men
this man dad once coming to union pacific srevice to invest in cripto bit but these coin connected to silver cercitificate and he will need a devirce and when even move to mephis tenn. to live out a bad family matter of the real budjet of corrperate office asap
This guy steals money and goes to jail… simple. Kyle Rittenhouse violates gun laws and causes people to die and get hurt with no accountability for his wrongdoing. Money seems to be more important than a human life
Elaborate, please. What gun law did he violate? And how by those violations did he cause people to die?
Kyle Rittenhouse was found not guilty on all charges. Which exact gun laws did he violate?
Kyle defended himself when someone pointed a gun at him
What an absurd comment! Dumb, too.
@@heaven-is-real Kyle was looking for trouble and someone else copped it ..
No 😊
Great work, Lala_ dispute1 I'm thrilled that you're actively combatting these scammers. It's crucial to prioritize the safety of the elderly and the public by taking every necessary measure to protect them. You truly deserve recognition for your efforts!