SBF Gets 25 Years in Prison!
TL;DR
SBF got sentenced to 25 years in prison for securities fraud conspiracy, which sits between the defense’s requested 6.5 years and the prosecution’s 40-50 years.
Full Story
So SBF got sentenced to 25 years in prison.
Which felt like the judge was trying to find a sweet spot between the defense’s recommended 6.5 years (HA! Can you imagine?), and the prosecution’s proposed 40-50 year sentence.
That said, it still feels kinda light, given that:
The judge didn’t seem to like Sam’s testimony, at all.
This wasn’t a ‘whoops, I messed up’ situation like the defense tried to make it seem - Sam willingly stole $8B from FTX customers.
Madoff got 150 years for running his scheme.
(But hey, alls well that ends with SBF doing time for his crime).
We’re assuming everyone here is happy too? Cause this sentencing beat your collective expectations:
P.S. Shout out to Wade. S for his guess of 10-20 years, and the comment:
“Long enough to be in prison for a crime, short enough that his crazy story will have a part 2”
…we’re not sure we’re ready for a part 2 though.