Watch our feature documentary RUIN: Money, Ego and Deception at FTX - https://www.youtube.com/watch?v=3QpdU9LS540&t=0s
1 year ago | 1
The amount of intentionality and premeditation to steal so many people's livelihoods and destroy their lives, even leading to suicides in some cases, deserves a greater sentence.
1 year ago | 61
Common people' savings must be protected by the State, by the Law. He is not the only responsible for what happened and it is unjust he is the only one who is paying for this multi billion dollars crash. Where were the USA institutions that it is supposed to prevent these types of frauds? Have we hadn't learned anything from the big crash in 2008? Shouldn't we get back to the financial rules created after the 1929 big depression?
1 year ago | 17
His Dad is a Lawyer if I remember correctly, he's not getting the same 25 "regular people" get.
1 year ago | 32
I just wish they would do the same for all the other crooks who steal millions or billions of dollars and then get away with it. The only thing that made this one different in my mind is that it was crypto and not an established financial institution.
1 year ago | 11
The question we should be asking is, "What is the likelihood that he will actually serve out the full sentence, or will it be reduced significantly?"
1 year ago | 0
People are serving more for having a plant in their possession. No way should someone who's ruined countless lives and damaged the economy be given less than many for far less.
1 year ago | 2
25 years is enough, if you knew he was actually going to serve the full 25 years. The problem with 25 years is it penalty is that he's probably going to serve closer to 13. Serving 13 is not enough time. If the penalty is 25 years without the ability to earn parole until the 20th year, that would seem to make a little more sense to me.
1 year ago | 1
Years of hard work hard earned money was stolen by this maniac
1 year ago | 13
The question is moot because it all depends on how the theft was committed, the potential damage that could be caused, whether the law is applied in a rational way, and what the prevailing priorities are for the society enacting the punishment (ie should the pursuits of a capitalist society hold some responsibility for financial criminals behaviour?)
1 year ago | 0
He should pay it all back to the people who lost their money plus interest
1 year ago (edited) | 1
If 25 years is not enough it's fair to say Trump should get 150 years.
1 year ago | 0
There are far worse crimes with far less time. Don’t invest more than you’re willing to lose. Rich people trusted a con man. He broke their trust. If he gets 25, worse criminals should get more than that.
1 year ago | 4
The people that he scammed took a lifetime to save those savings, working more than 25 years.
1 year ago | 1
Don’t forget that Bloomberg could’ve covered SBF months before the story broke but they didn’t
1 year ago | 0
Bloomberg Originals
FTX co-founder Sam Bankman-Fried was sentenced to 25 years in prison for stealing billions of dollars from customers. Do you think 25 years is fair? Watch our feature documentary RUIN: Money, Ego and Deception at FTX - https://www.youtube.com/watch?v=3QpdU...
1 year ago | [YT] | 219