Sam Bankman-Fried sentenced to 25 years in prison for orchestrating FTX fraud 
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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 โ 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 6ยฝ 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 โ 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.
โMy whole life has been destroyed,โ wrote one, whose name was redacted, in a letter dated March 15. โI 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.โ
The man added he was suffering from depression and that his wife had become suicidal.
โI know we can never make that kind of money back ever again,โ he wrote.
Another person wrote about how the loss of funds had affected numerous life plans, including a wedding.
โEach 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.โ
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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What about the WEASEL??? Is she free? Is she safe??
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She gives hope to weird 4s with math degrees everywhere.
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Daily reminder that this rodent-human hybrid had 5 millionaires fighting over her.
The standards are lower than the mariana trench, girls are beyond living in tutorial mode now.
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You say that, but maybe she's just that incredible. She did math at Stanford and placed in the Putnam: she's likely smarter than anyone you've ever met. Chances are she knows some crazy tantric s*x maneuvers, too. Like she'll use the Banach-Tarski paradox to turn your peepee inside out for double the pleasure.
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She has no game, like the other guy said with the female cop who banged the whole station this is the way things are now, neighbors are this thirsty for a crumb of cooch and odds are she was the only girl around too.
Consider sugarbabies now refuse to put out so now rich nerds can only hope to pay some thot to just be around them.
Rather than "woe is me!" incel cope the real question is why are there any femcels at all now if men are this broken and debased.
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Its 2024 and women still think that being a man is a great way to be a woman. It's obvious those dudes are all closet homos
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Oh wow she got really good at memorizing theorems and tricks for contest questions and rearranging them in short time frames to solve solved problems. Surely such a genius must have been able to make major original contributions to the body of human knowledge.
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I think that's why the story about the slutty female cop got so much traction. It was a reminder to guys you can't even settle down with a mousy nerdy girl or plain jane in the 2020's. Maybe she would have worked in the church office, married some engineer, been the token girl in your DnD group etc 10/20/30 years ago but now she's no different than some chickenhead from the ghetto.
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~ said
@Nazbro, sobbing as he frantically masturbated
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Get em bb
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Facts. I blame the Kardashians for the current day of hoeflation and the 4/10 who was in my WoW guild getting 500k payouts for being "groomed".
Darn, even Sergey Brin's wife, a mid hapa, can and will cuck you when a tall neurodivergent billionaire comes by.
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What a blast from the past
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The chickenhead at least has butt............and AIDS but we'll deal with one problem at a time.
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Yeah, she cut a plea deal and turned on SBF. Never trust a ho while committing billion dollar crimes, fellas.
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He didn't pin her hard enough.
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No!
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In this life you either pin the weasel or the weasel pins you
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I wonder how much money she has hidden away.
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*squirreled away
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What I don't get is if you have billions why are you even messing around with a love interest. you can go buy as many foids as you want.
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If I was pulling a scam on Bankman's level I'd go full sultan and have a harem of hoes. Gotta live it up while you're a free man because you're fricked when it's time to pay the tab no matter what.
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Better yet why was he even in america lmao. Youd think he would stash a billion or so somehow and live in a country where they cant arrest him.
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Classic government that they can essentially blackmail someone into testifying in court and everyone accepts this as totally legitimate and untainted testimony
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In the end, the Weasel pinned him
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It's
ned
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Sometimes you pin the Weasel, and sometimes the Weasel pins a $100 billion fraud charge on you.
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You could say: she weaseled out of it
Trump for prison so he can bunk with bankman fraud
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Getting PINNED by the Attorney General as we speak
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It seems that in your horniness you pinned her.
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