Prosecutors urge judge to sentence Sam Bankman-Fried to 40-50 years in prison

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Prosecutors are reportedly requesting FTX (FTT-USD) Co-founder and former CEO Sam Bankman-Fried receive a sentence of 40 to 50 years in their statements to a federal judge. Bankman-Fried, who also goes by "SBF", was found guilty in November 2023 on seven counts of fraud and conspiracy to defraud investors and customers of his crypto exchange.
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Опубликовано:

14 мар 2024

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Комментарии : 65

@dan8910100 2 месяца назад

Remember, his mother teaches business ethics at Stanford, and his father taught tax law. They both profited from this and should be prosecuted as well.

@Explorerbabe3469 2 месяца назад

I agree, they need to investigate SBF parent’s finances! Anything bought with FTX money needs to be seized and paid to the victims that lost their money! Also add some jail time for their involvement in the this fraud, like 5-10 years in prison each!

@free-qe6wx 2 месяца назад

And let's not forget about his co-conspirators. They should also get 20+ years each.

@Explorerbabe3469 2 месяца назад

They probably will not get 20 years. They will probably get 5-10 years max for their collaboration against SBF.

@Explorerbabe3469 2 месяца назад

Caroline Ellison should get at least 20 years, she’s almost as bad as SBF. Managed Alameda, made people loose billions.

@clambroth1923 2 месяца назад

We'll see in just a few hours. As it in Federal Court I anticipate the sentence is going to be harsh on SBF. As for the co's I anticipate something more harsh than the public perception but still less than Fried. The co's come across somewhat more sympathetically; as a bunch of childish dupes who were simply the minions. They all very quickly folded tent and bailed. Probably the only very faint ray of hope, for maybe one of them, was to be the first to roll over and squeal against the others. However, they folded en mass, so that sliver of hope gets exponentially smaller for all of them. The most damning issue facing them is/was there is NO legitimate defense to the criminal charges against them - none. Sympathy is all there is and it will be in short supply with this Judge.

@royed31 2 месяца назад

His parents should be charged

@roymunson7203 2 месяца назад

40 to 50 years….where is my money…..

@jackchoy6969 2 месяца назад

Maybe you can file a civil lawsuit against him ... in 40 to 50 years. 🤣😂

@rogueyun9613 2 месяца назад

Laundered into a system designed to take more of your money.

@Xrispy_Yream_Zonuts 2 месяца назад

Dee En See

@JWLuke787 2 месяца назад

How about 300 years?

@Explorerbabe3469 2 месяца назад

He will die in jail like Bernie Madoff!

@T-Roy95B 2 месяца назад

Ken Griffin (citadel securities) should also be prosecuted and sentenced to 50 to 100 years

@SUSANMORRISON425 2 месяца назад

SO WHAT HAPPENS TO CAROLINE ELLISON? HER DAD WAS THE FORMER SEC HEAD!

@Nick-zp8wk 2 месяца назад

they're all part of the same tribe, and they all look out for each other 👃

@Explorerbabe3469 2 месяца назад

I think she will get less than 12 years in prison. The rest of the group like 6-8 years or less in jail.

@charleyhoward4594 2 месяца назад

"Prosecutors urge judge to sentence Sam Bankman-Fried to 40-50 years in prison..." - (make me bust a gut laughing)

@paulmahoney6313 2 месяца назад

40 to 50 years, what about child abusers and rapist not getting sentences like that ? This is what I don't understand.

@terridavis9278 2 месяца назад

Trying to keep him quiet. He took money from people and gave it to the democRats.

@ttuny1412 2 месяца назад

Same thing I was thinking.

@a-a-ron6822 2 месяца назад

He's not sentenced yet so might wanna pull back a bit

@morgan1719 2 месяца назад

It's because he comes from a peasant background. Only elites are allowed to steal billions.

@gamer7916 2 месяца назад

Even Elizabeth Holmes didn’t get 40 to 50 years, and she actually endangered people’s lives.

@Ryan-Fkrepublicnz 2 месяца назад

The Moral of the story? Don't steal money from RICH PEOPLE.

@dinahsoar6982 2 месяца назад

The bigger question his, when is he eligible for parole???

@seanwebb605 2 месяца назад

I'm not sure of two major things regarding this case; 1) Since the crimes primarily took place outside of the U.S. how does the American justice system have jurisdiction? 2) Since most of the money has been recovered by the bankruptcy trustee why would the prison sentence be so long for a financial crimes case? I fully accept that he committed a series of crimes and enjoyed due process with adequate legal representation. He was able to face his accusers and chose to testify on his own behalf. The testimony from his former colleagues was damaging. The evidence was overwhelming. They were serious crimes. I'm just trying to understand jurisdiction and why they are seeking such a long prison sentence. Keep in mind that many of the victims were other shady characters in the space.

@naturesoneandonly 2 месяца назад

Simple, interstate commerce. Once you get involved in things like that the feds will inevitably be involved as well.

@seanwebb605 2 месяца назад

@@naturesoneandonly Again I ask because the company and exchange operated primarily outside of the U.S. It seems that you don't know the answer and chose to answer anyway.

@morgan1719 2 месяца назад

Elites: "50 Years peasant! Because how dare you steal billions, that's our game!"

@brianjohnson6053 2 месяца назад

5 to 10 in cushy minimum security country club.

@ogre706 2 месяца назад

This. I would shocked if he got more than 10 years. He's got rich parents that no doubt will pull some strings and smooth things out a little.

@Explorerbabe3469 2 месяца назад

I think he will get at least 30 years in jail. I’m hoping for 40 years or more because he stole 8 billion dollars from people and showed no guilt or remorse for stealing that money. Also probably has money hidden somewhere, like under his parents name.

@Explorerbabe3469 2 месяца назад

I think it’s fair to sentence him to 50 years in prison. He knew what he was doing and showed no guilt for stealing 8 billion dollars. His excuse was, “I don’t remember” during cross examination. He’s capable of committing more financial crime if he is sentenced to only 6 years in prison. He’s a very greedy person. He should be sentenced between 40-60 years in prison, so that he won’t be able to commit more financial crime when he’s out or be able enjoy the millions that he hide somewhere if any. They need to show criminals that financial crime is not something you can get away with just 2-6 years of prison time.

@Explorerbabe3469 2 месяца назад

I doubt many people will buy Crypto in France as much as US. Customers do! I think the average French does not know or will not be willing to invest in Cryto.

@user-wo9qu7rw7u 2 месяца назад

So did any of the politicians he funded return his donations

@ebeyslough 2 месяца назад

That’s it?

@geraldjunior4235 2 месяца назад

With no bond

@88corinutza 2 месяца назад

Joe and Hunter should get 50+

@pete6705 2 месяца назад

He's screwed

@analytics8055 2 месяца назад

Let's see , what did he do?

@dinahsoar6982 2 месяца назад

He was found guilty of stealing ten billion from customers of his now-bankrupt cryptocurrency exchange.

@JimB16 2 месяца назад

Ouch...and I get the impression he won't adjust too well to prison life... 😬

@spektred 2 месяца назад

He has enough money to buy himself protection, even behind bars

@chuckwolfboyer7830 2 месяца назад

JOE BIDEN CAN COVER UP FOR HIM

@danstrayer111 2 месяца назад

BOT/troll....no channel content

@geraldjunior4235 2 месяца назад

Agree 4 to 7 years

@whocares4464 2 месяца назад

Boy when the ruling class burms you man do they durn you lol he help wash so much dirty money but what did it get him in the end lol

@Explorerbabe3469 2 месяца назад

In addition to stealing 8 billion dollars, he probably has money hidden somewhere, like under his parent’s name. His parents might have bought real estate properties in another US state or country with stolen money! Don’t let him out early for him to enjoy the stolen money! He stole 8-10 billion dollars from people! Showed no remorse for stealing that money! Convict him to 50 years or more in prison! For Caroline Ellison, convict her to 20-25 years in jail for her being witness against Sbf. The rest of the group involved, 10-15 year each in prison is fair! Don’t let any of them out without prison time! They need to learn their lesson by serving time in prison! They were very greedy people, SBF is the worst of them!

@seanwebb605 2 месяца назад

You can't sentence him now for crimes you think might have been missed in the trial. That's the job of the bankruptcy court to recover the funds and the justice department to file additional charges with a separate sentencing hearing.

@Explorerbabe3469 2 месяца назад

I was just stating my opinion of why he should be convicted for 50 years or more! 😂😂

@seanwebb605 2 месяца назад

@@Explorerbabe3469 It's not a valid, thoughtful or reasonable opinion. You can't sentence him for additional crimes you think that he might have committed.

@Explorerbabe3469 2 месяца назад

I can say whatever I want! This is RU-vid! 😂😂

@user-uh9we3hk4j 2 месяца назад

He is young. How about letting free and figure out a way to pay it back and reduce his sentence. That seems very cruel.

@Explorerbabe3469 2 месяца назад

I’m guessing that he has money hidden under his parents name or another country somehow! For example, parents bought real estate property in another country other than Bahamas! Don’t let him out early!

@beamboy14526 2 месяца назад

That punishment would dramatically increase the number of securities fraud. Firms could intentionally defraud people and simply return the money to those who caught them.