I know that Sam Bankman-Fried's parents are rich and influential, but if it was possible for them to use their influence in this case, they would have ensured that sbf wasn't found guilty on the 7 counts of fraud and conspiracy, but they couldn't do that, and the jury found him guilty.
Now i don't think they would be able to reduce his sentencing that is set for the 28th day in this month, this case is really big and there are many creditors watching it very closely, so sbf is going to get ~ 100 years in prison.
Yes, I hope that is true and that Sam Bankman-Fried will receive a prison sentence as a result of the crimes he committed, but in the United States, if you are a criminal and admit your guilt and cooperate with the authorities in the investigation and denounce your colleagues, you will receive a reduced sentence, even if you are convicted. You will spend a short period in prison and then get out.
This has happened before in two similar cryptocurrency-related cases:
Case 1: Ilya Lichtenstein went from high-profile defendant to government witness, testifying against the mixing service he used to hide assets laundered from the Bitfinex hack.
https://www.coindesk.com/policy/2024/02/27/man-who-laundered-billions-in-bitcoins-says-bitcoin-fog-was-a-help-bloomberg/The second case is Centra Tech, a cryptocurrency company set up by two scammers in South Florida that claims to be an automated bitcoin exchange service.
Where the main criminal, "Ray Trapani," who gathered the rest of the fraudsters around him, cooperated with the federal authorities, informed his accomplices, and pleaded guilty to 10 charges, including securities fraud and Internet fraud, and was sentenced only to the time he served during the investigation. He was released (due to his cooperation with the authorities).
This case was turned into a documentary that can be watched here:
https://www.netflix.com/tudum/articles/bitconned-release-date-cast-news