SAM BANKMAN-FRIED GETS 25 YEAR SENTENCE TODAY Enough?

[ScamViruS]

I chose yes. I believe that 25 years of imprisonment is sufficient punishment for the mistakes he committed that caused people to lose millions of dollars.

It is not just about the punishment, but is 25years enough for him to learn his lessons and decide to change, never to be involved in any criminal activity after his release?

There is no guarantee that he will not engage in any new criminal activity in the same manner when he is released from 25 years in prison. What he has done has affected the entire crypto market, directly and indirectly he has caused huge financial losses to many people. Even if a criminal like him gets out after 25 years in prison, I will not believe him, I always think he will come out with a more serious plan.

I am sure he has an angle he is working on as I type this reply to you. I wanted a 50 year sentence with him serving 35 or more year. too bad it did not happen.

Every victim and serious member of the crypto community wanted his sentence to be more than 50 years. But this sentence is much less than expected. Even after he completes his 50-year sentence, he will have plenty of time to commit new crimes, which is certainly a red alert for future generations. Because the new generation will not be aware of the pain of the events that happened because of this person.

[Z-tight]

Every victim and serious member of the crypto community wanted his sentence to be more than 50 years. But this sentence is much less than expected.

Yeah, it was less than what was expected, nobody wanted a longer sentence than the creditors and i am sure they are very disappointed with the 25 year sentence he got. I expected sbf to get 40-50 years, but he didn't, that would have been a stronger deterrent to others, however, this should be a lesson to others to store their funds only in their self custody and not in exchanges.

[yhiaali3]

I am sure he has an angle he is working on as I type this reply to you. I wanted a 50 year sentence with him serving 35 or more year. too bad it did not happen.

Yes, I understand your point of view, but what can we do if this is the nature of the laws in America? Here in my country and some other countries there are life imprisonment sentences, but this does not seem to be the case in the United States.

The judge and jury found it appropriate for the prison period to be only 25 years, perhaps since American law does not allow more than that. If the SBF case requires more years of imprisonment, this means that the American government must reconsider the penal laws related to such cases. .

[ScamViruS]

Every victim and serious member of the crypto community wanted his sentence to be more than 50 years. But this sentence is much less than expected.

Yeah, it was less than what was expected, nobody wanted a longer sentence than the creditors and i am sure they are very disappointed with the 25 year sentence he got. I expected sbf to get 40-50 years, but he didn't, that would have been a stronger deterrent to others, however, this should be a lesson to others to store their funds only in their self custody and not in exchanges.

Although the sentence was not expected it is good news that he has finally been sentenced and he will not be able to run any more scams for the next 25 years. No matter how much crypto investors are warned about holding funds on exchanges, they will keep holding funds on exchanges. Now if something like FTX happens with another top exchange, you will see a large number of new victims. So a portion of crypto investors hold their funds on exchanges, which is huge risk.

[Z-tight]

Now if something like FTX happens with another top exchange, you will see a large number of new victims. So a portion of crypto investors hold their funds on exchanges, which is huge risk.

We have not seen the last of collapsed and bankrupt centralized exchanges or lending and earning platforms, and there will surely be many victims when these services collapse. You would think that with every new service that collapses, people will learn to only store funds in their self custody, but that is not true, so many people will always use custodial services to store their coins because they think it is more 'convenient' for them.