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Reactions
https://news.ycombinator.com/item?id=39852953
https://news.ycombinator.com/item?id=39852992
https://old.reddit.com/r/wallstreetbets/comments/1bpytbc/holy_mother_of_god/?sort=controversial
https://twitter.com/unusual_whales/status/1773377440582455501
https://twitter.com/disclosetv/status/1773376555328160085
https://twitter.com/Dexerto/status/1773377957660066271
https://twitter.com/EndWokeness/status/1773380776114917712
And more https://twitter.com/search?q=sam+bankman-fried
Sam Bankman-Fried was sentenced Thursday to 25 years in prison for his role in defrauding users of the collapsed cryptocurrency exchange FTX.
In a Lower Manhattan federal courtroom, U.S. District Judge Lewis Kaplan called the defense's argument misleading, logically flawed, and speculative.
He said Bankman-Fried had committed obstruction of justice and witness tampering while mounting his defense β something Kaplan said he weighed in his sentencing decision.
Bankman-Fried, wearing a beige jailhouse jumpsuit, made a statement striking an apologetic tone, saying he had made a series of "selfish" decisions while leading FTX and "threw it all away."
"It haunts me every day," he said.
Prosecutors had sought as much as 50 years, while Bankman-Fried's legal team argued for no more than 6Β½ years. He was convicted on seven criminal counts in November and had been held at the Metropolitan Detention Center in Brooklyn ever since.
Bankman-Fried's lawyers had pleaded for leniency, citing what they described as mental health struggles and his purported generosity in his personal life. They also argued that FTX users had not ultimately suffered substantial losses β something current FTX administrator John Ray said was false in a letter to Kaplan in advance of Thursday's sentencing.
But prosecutors argued the brazenness of the crime, the extent of the victims' losses and damages and Bankman-Fried's evident lack of remorse meant a harsher sentence was warranted.
Late Tuesday, prosecutors filed documents from victims testifying about how Bankman-Fried's actions had harmed them.
βMy whole life has been destroyed,β wrote one, whose name was redacted, in a letter dated March 15. βI have 2 young children, one born right before the collapse. I still remember the weeks following where I would stare blankly into their eyes, completely empty inside knowing their futures have been stolen through no fault of our own. I did not gamble on crypto. I did not make any crypto gains. I had my [bitcoin] which I had collected over years deposited on FTX as a custodian. I did not agree to the risk that SBF took with my funds.β
The man added he was suffering from depression and that his wife had become suicidal.
βI know we can never make that kind of money back ever again,β he wrote.
Another person wrote about how the loss of funds had affected numerous life plans, including a wedding.
βEach passing day is a painful reminder of the opportunities stolen from me, compounding feelings of hopelessness and despair," the person wrote. "The burden of financial ruin weighs heavily on my shoulders, leading me to grapple with constant thoughts of suicide and significantly impairing my ability to perform at work.β
In the recent annals of white-collar crime, Bankman-Fried's sentence is many years more than what most others found guilty had received. Theranos founder Elizabeth Holmes received about 11 years. Former WorldCom CEO Bernie Ebbers received 25 years. Former Enron CEO Jeff Skilling received 24 years.
!dramatards !r-slurs !fellas get in here!
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Day 1 vs 884 pic.twitter.com/jltYyQmEnP
— Just Posting Ls (@MomsPostingLs) March 28, 2024
The absolute state of moids. Imagine not appreciating a beauty like her:
Ew look how gross britbrit looks.
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Robert Moses famously built the bridges on Long Island with low underpasses so that buses from Black and Puerto Rican neighborhoods couldn't get to Jones Beach. I don't have the crayons, nor the patience, to explain why this is indeed very racist. https://t.co/vAcOcUKBIc pic.twitter.com/Djx0Nhqqyh
— Hayden Clarkin (@the_transit_guy) March 28, 2024
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π¨πΊπΈBREAKING JUDGE sentences Bankman-Fried up to 25 years in prison
— Kacee Allen πΊπΈ (@KaceeRAllen) March 28, 2024
Judge Kaplan:
βI know the Probation Department recommends 105 years, and the Government 40 to 50 years. That would be more than necessary.
I am not diminishing the harm. The brazenness of his actions.
His⦠pic.twitter.com/KabNupsV7s
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Caleb's sub has turned into a bunch of people bitching about his content, thumbnails, and everything he does to draw viewers. The obvious response would be to stop watching if you don't like it, and Caleb has said as much. He no longer bothers with Reddit to avoid their bitching but paypigs still had groomercord.
To get rid of paypigs crying about his content in groomercord, he wiped the levels and just made everyone equal at $5.
Now people who paid him $25 to have an exclusive connection to him can no longer b-word directly.
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I'm a 6'4' bloke. Met with a much shorter bloke in Hyde Park at night for a bit gay fun. I have a large wart to the right of my chest he sucked on this whilst I wanked him off believing it was my nipple. Felt nice but noticed the wart had vanished when I showered later same night
— Fesshole 𧻠(@fesshole) March 28, 2024
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She looks exactly how i thought she would pic.twitter.com/ONk1efRWpB
— non aesthetic things (@PicturesFoIder) March 28, 2024
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But did you know if we look at only dark skinned black women then there is even a bigger percentages than 80% of them being at least fat ?
Meeting a 30+ year old dark skinned women that ain't fat is just one digit percentage probability.