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CherenkovLight t1_j9pijlv wrote

Oh man, he might have to spend less then a year in prison for this

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SheriffComey t1_j9poh5s wrote

Nah this dude is another Madoff....he fucked with other rich people's money.

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submittedanonymously t1_j9psogj wrote

It will be very telling how his sentencing goes. Fraud is infuriating anyway, but rich people get off on defrauding poor people all the time. Let’s see this multi-tiered justice system and how it thinks the law applies here because I don’t think it will be satisfying anyway.

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Trexfromouterspace t1_j9qj36w wrote

> rich people get off on defrauding poor people all the time

Yes, but what does this have to do with sentencing?

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LystAP t1_j9pzdsu wrote

Yeah, and he's also not old money enough to have contacts that can help him long-term.

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officeDrone87 t1_j9pxllk wrote

Either way the conspiracy theorists will be right. Remember how often they told us that Gislene Maxwell was going to be murdered before the trial?

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[deleted] t1_j9q2j1s wrote

[deleted]

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officeDrone87 t1_j9qnt1r wrote

That's why it's best to just ignore conspiracy theorists. They will just move the goalposts when they're wrong

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BoldestKobold t1_j9qpb16 wrote

Any evidence that contradicts a conspiracy theory is always taken as evidence supporting the theory.

"That's because that is what they want you to think!"

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NewKitchenFixtures t1_j9r62p5 wrote

Most estimates I’ve seen expect 22ish (assuming good behavior and the like) years unless the judge decides the give him 200 sequential. But he probably has to try to make that happen.

Martin Skrelli the pharma bro hilariously ran through federal sentencing rules with respect to FTX.

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The_Drizzle_Returns t1_ja26s6k wrote

I know this is a joke but the guy is likely already facing a sentence of 20-30 years minimum already. The campaign finance violations may only add a few years onto that when its all said and done.

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AnwaAnduril t1_j9qc5yl wrote

The rich do not go to jail. House arrest at most.

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Omophorus t1_j9ra4yq wrote

The rich do not go to jail... unless they fuck with other rich peoples' money.

SBF did that in spades.

And left a paper trail.

Dude's goose is cooked.

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Projectrage t1_j9qd9yj wrote

He was one of the largest contributor to Biden’s campaign, but somehow that’s not mentioned.

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jpiro t1_j9qpzqu wrote

The one time when "BOTH SIDES!" would actually be appropriate, and you whiffed.

"The campaign "involved flooding the political system with tens of millions of dollars in illegal contributions to both Democrats and Republicans made in the names of others in order to obscure the true source of the money and evade federal election law," the indictment states."

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TheCatapult t1_j9u80l9 wrote

My understanding is that his intention was to fund campaigns that were against regulating crypto. That isn’t really a party line issue and obviously is self serving, not ideological.

The only interesting part is that the funding of Republicans was much more obscured than the funding of Democrats.

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Projectrage t1_j9qrcu3 wrote

He was a major …major donor to the Democratic Party, he then gave 500,000 right before he filed for bankruptcy. Probably to get him out of his situation…or say he played both sides.

https://www.politico.com/amp/news/2023/02/02/sam-bankman-fried-republican-governors-00080946

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jpiro t1_j9qsmvc wrote

Lol, the article you posted isn't even about a donation from Bankman-Fried. It's from another FTX co-founder who's a major GOP donor.

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Jerrymoviefan3 t1_j9rj9c9 wrote

No he wasn’t since you can only give a relatively trivial amount to an actual campaign organization.

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