People have become so cynical about the justice system that many believe now convicted crypto-scammer Sam Bankman-Fried will see little to no prison time, but even with our biased system that is unlikely.
Bankman-Fried was found guilty on all counts and he reportedly performed terribly on the stand at trial, hurting his own case in a big way.
He is facing a maximum sentence of 110 years and probably won’t get anything that extreme, but the judge in the case could certainly sentence him to decades behind bars.
Experts are speculating as to the length of his sentence.
Forbes reports:
Sam Bankman-Fried Faces 110-Year Max Sentence After FTX Trial—Here’s How Long Experts Think He’ll Be Behind Bars
Sam Bankman-Fried was found guilty on all seven counts Thursday after a massive fraud and money laundering trial involving now-collapsed crypto exchange FTX and trading firm Alameda Research, charges that can lead to a maximum of 110 years in prison—and lawyers told Forbes he may face a decades-long sentence, unlike other white-collar defendants.
Most white-collar criminals whose maximum sentences could take up the rest of their lives end up only facing a small fraction of the maximum, with judges often basing their sentencing decisions on similar cases, Mitchell Epner, a former federal prosecutor and…
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