Post
Topic
Board Altcoin Discussion
Re: Sam Bankman-Fried, the "Crypto King" jailed for 25 years
by
tygeade
on 01/04/2024, 16:48:35 UTC
Sam Bankman-Fried, commonly know as the "Crypto King" and "The Golden Boy" who was the founder of FTX exchange, was convicted and sentenced to 25 years in prison for for defrauding customers and investors. A New York court gave away that sentence. Further, he needs to forfeit $11bn to compensate victims.
He was one of the youngest billionaire, a billionaire in early 20s, greed and risking people money without consent led him to being sent to jail at the age of 32.
With the way everyone reacting on this post, I do not think that people understand the logic of sentencing dates. I mean I get that you may want him to be punished severely, but this is an autistic Jewish guy in prison for 25 years, it is doubtful that he could even come out of there alive, it is already a lot and he will not be getting any friends there, his life is at risk every single day of his life.

Yes, what he did hurt many families, maybe people lost their life over it, maybe people took their own life, there is no excuse. But, there are serial killers out there, there are terrorists out there, you think that those people who get life sentence (or death penalty) should also be applied to some guy who stole money? We value money over human life that much?