• HideTV Updates Coming Monday

    HideTV will be down on Monday for updates. We'll let you all know as soon as it's back up and message @alexj-12 with any questions!

  • Win an RIX Storm S3 Thermal Imaging Scope!

    To enter, all you need to do is add an image of yourself at the range below! Subscribers get more entries, check out the plans below for a better chance of winning!

    Join the contest Subscribe

Sam Bankman-Fried sentenced to 25 years in prison for orchestrating FTX fraud

101st

SEND IT
Full Member
Minuteman
  • Sep 17, 2022
    1,758
    9,638
    Cuntecticut
    The charges included wire fraud and conspiracy to commit wire fraud against FTX customers and against lenders to sister hedge fund Alameda Research; conspiracy to commit securities fraud and conspiracy to commit commodities fraud against FTX investors; and conspiracy to commit money laundering

     
    • Like
    Reactions: MarshallDodge
    There isn't Federal parole anymore, but there is sentence reduction for good behavior. 25 year sentence would mean a release after a little more than 21 years served. I don't know how much time he has been held so far, but he'll be around 52-53 years old when released. Plenty of time left to enjoy all the money that he squirreled away.
     
    Let’s be real…the little putz will most likely end up in a Fed “correctional” country club facility like Elgin. I don’t think he’s going to a place like Marion or Lompoc.