NEW YORK, March 15 (Reuters) - Sam Bankman-Fried should spend between 40 and 50 years in prison after being convicted for stealing $8 billion from customers of his now-bankrupt FTX cryptocurrency exchange, prosecutors said on Friday. … “Even now Bankman-Fried refuses to admit what he did was wrong,” prosecutors wrote in a sentencing memorandum. “His life in recent years has been one of unmatched greed and hubris; of ambition and rationalization; and courting risk and gambling repeatedly with other people’s money.”
Fuck that. Because he gambled with rich peoples money? How would a 40 year prison sentence rehabilitate him from that… I say it is pointless, release the man! In fact, we need more like him. Eat the rich!
FTX had over a million users, and was advertising publicly on things like the Superbowl. It wasn’t just rich people that lost money on FTX.