25 years jail-time for SBF

Hanno Labuschagne

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25 years jail-time for SBF

FTX co-founder Sam Bankman-Fried was sentenced to 25 years in prison for stealing billions of dollars from customers, marking the final chapter in a case that has upended the crypto industry.

US District Judge Lewis A. Kaplan delivered the sentence in federal court in Manhattan moments after Bankman-Fried said he was “sorry about what happened at every stage.”

[Bloomberg]
 
Damn, I bet Sam didn't see that one coming, he seemed to live in denial.
How soon till he's legible for parole?
 
Jeez, a billionaire and he still didn't learn how to dress properly... kuk-brown shoes with no belt on his trousers nor a proper haircut and cumstains on his suit... he reminds me of a caucasian Sai Baba.

I fear to think what he smells like.

it's by design. The abhorrent body odour is a choice.
“He is a beautiful puzzle. He can parse words better than a Talmudic scholar,” Bankman-Fried’s defense lawyer told the court about their client, adding that “his mother says there’s a terrific sadness at his core… We ask that you sentence him with a compassionate heart.”
 
Never heard of him, lemme go google this guy
 
Biden will pardon him before he leaves office, SBF has been a major donor of the Democrat's and its payback time.
 
Damn, I bet Sam didn't see that one coming, he seemed to live in denial.
How soon till he's legible for parole?
Federal sentence rules means he has to serve at least 85% with the rest coming off for good behaviour if he keeps his nose clean every single day. Works out to 21 years and 3 months.
 

Sam Bankman-Fried appeals conviction, criticizes judge’s ‘unbalanced’ decisions​


Lawyers representing Sam Bankman-Fried, the FTX CEO and co-founder who was convicted of fraud and money laundering late last year, are seeking a new trial.

Following crypto exchange FTX’s collapse, Bankman-Fried was found guilty on all seven counts, then sentenced to 25 years in prison and ordered to pay $11 billion in forfeiture. He has been serving his sentence in Brooklyn.

Bloomberg reports that Bankman-Fried’s appeal focuses on the behavior of US District Judge Lewis Kaplan, alleging that Kaplan’s rulings were “not just erroneous but unbalanced” and that the judge “continually ridiculed Bankman-Fried during trial, repeatedly criticized his demeanor, and signaled his disbelief of Bankman-Fried’s testimony.”

The appeal also claims that Kaplan “repeatedly mocked defense counsel” while helping the government make its case, and that he “improperly prodded” jurors to reach a quick verdict.

So the 'recusal' starts... I hope that this is not meddling.
 
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