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/biz/ - Business & Finance


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58178737 No.58178737 [Reply] [Original]

I put this in my calender months ago. It's happening today.

Bets?

>> No.58178742

Sam did nothing wrong fuck CZ it was all his fault.

>> No.58178748

>>58178737
Literally whom

>> No.58178752

>>58178737
Solana crashes straight to 0 immediately after the judge's gavel hits
Thanks for playing

>> No.58178759

>>58178742
>t. sbf

>> No.58178767
File: 296 KB, 1654x1198, 1711627587444811.png [View same] [iqdb] [saucenao] [google]
58178767

16-18 years

>> No.58178777

the prosecutors asked for 40-50 years, so i'll take the low side of 40.

>> No.58178796

>>58178742
Unironically this. But he is also a jittery incompetent retard.

If only he closed the withdrawal for 1 week and let the market sort itself from panicking he'd still have more than enough money to back more than 1:1

>> No.58178807
File: 6 KB, 738x69, 1708008562864396.png [View same] [iqdb] [saucenao] [google]
58178807

Update from NY Post. it's in 1 hour. 9:30am manhattan court. Not sure if I can find a youtube link to any kind of stream.

https://nypost.com/2024/03/28/us-news/sam-bankman-fried-faces-decades-in-prison-as-hes-sentenced-today-for-multi-billion-dollar-fraud/

i'm on the edge of my seat

>> No.58178820

>>58178807
https://www.youtube.com/watch?v=f39oHo6vFLg

looks like this will be an active stream when it happens. final update until it happens.

>> No.58178823

25 years. Green ID. 55.

>> No.58178907
File: 79 KB, 1284x1028, solanagoodcoinser.jpg [View same] [iqdb] [saucenao] [google]
58178907

>>58178752
kek, its a legit coin anon, it ll go to 1000 jewnited states peso in the summer keklul!

>> No.58178946
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58178946

>>58178737

>> No.58178972

>>58178737
Death sentence

>> No.58179118

Hey.....
hey...

>> No.58179148

8-11 years, out in 6-8

>> No.58179182
File: 13 KB, 480x360, innocent.jpg [View same] [iqdb] [saucenao] [google]
58179182

INNOCENT

>> No.58179189

Sentencing is the most nefarious part of the system. People see two guys getting convicted and assume it's fair and yet one will get 6 months suspended and house arrest while the other will get 10 years depending on how the judge feels about it.

>> No.58179228
File: 710 KB, 684x389, Sharkticons.png [View same] [iqdb] [saucenao] [google]
58179228

>>58179182
>Awful hair metal starts playing

>> No.58179251

https://www.youtube.com/watch?v=XTI2aACqZp4

https://www.youtube.com/watch?v=-N2EjuPFs2o

dedicated streams

>> No.58179263

>>58178737
Life in prison.

>> No.58179264
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58179264

>>58179228
Watching it right now in bed, waiting for the sbf verdict.

>> No.58179273
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58179273

>>58179228
>totally rad hair metal starts playing
Ftfy

>> No.58179504

>>58178742
OK Barb

>> No.58179540

>>58178737
He'll get 100+ years like Madoff

>> No.58179595

Judge is roasting him. I bet he gets the full 100.

>> No.58179612

>>58178737
fcuker robbed me of 400,000 USD.. which would have been about 2 million now since it was all in bitcoin

and to be honest i hope he doesnt get much jail. i think being in prison a few years is long enough, i want him to get about 6-8 years, with good bevairo he will be out in 4.

>> No.58179626
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58179626

>>58178737
Is there a betting line on SBF? How long until he loses sphincter control in prison?

>> No.58179629

>>58179612
>with good bevairo he will be out in 4.
federal sentences have a minimum of 85% time served

>> No.58179637

>>58179595
how do you know this? link?

>> No.58179649

>>58179637
Live updates here https://twitter.com/innercitypress/

>> No.58179660

>>58178807
me too i woke up at 5 o colck PST waiting for this.

couldnt sleep.

cant imagine how that fcuk, is feeling.

the livestream just said

in the next hour or two we will find out his sentence. ...

>> No.58179669

>>58178820
an hour or 2 til sentancing. Wonder what he'll get.

>> No.58179673

>>58179595
nah. i think maybe 20 years.

>> No.58179683

he's a tribe member
they might give a big number for the news but he won't serve it.

he will do maximum 5 years in a cushy minimum security psych ward

>> No.58179690
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58179690

Judge is talking Perjury. That's a big deal right?

>> No.58179717
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58179717

>>58179690
JUST

>> No.58179723

>>58179690
1320 months -> 110 years

>> No.58179743

He's going to get maximum time. This will give people more trust in crypto, which blackrock wants for their ETF and a look of legitimacy of crypto. Sends a message not to fuck with crypto now that the big boys are here

>> No.58179761
File: 138 KB, 1750x902, sbf-in-jail.jpg [View same] [iqdb] [saucenao] [google]
58179761

How do you think he's feeling going from a billionaire crypto wizard at a record young age to a career criminal who'll be taught about in economics courses and who is about to have his first experience in prison showers with a large, black, sweaty cellmate?

>> No.58179762

>>58178742
Kike

>> No.58179765

>>58179683
he's going to get his sentence commuted down to time served when biden leaves office

>> No.58179782

>Judge Kaplan: I have limited my findings on obstruction to support the finding - there may be more. The total offense level is 60 - once you cross 43, it cannot go higher. The guideline is life in prison. But the maximum is 1320 months in this case
It's over for jewboy

>> No.58179795

>>58179765
I think this is what happens next. He donated a lot of money to the democrats.

>> No.58179799

>Mukasey: Madoff stole from Holocaust survivors. That is not Sam. He did not want to personally inflict pain on anyone in any way. Sam was not a ruthless financial serial killer. He wasn't predatory. He makes decisions with math in his head, not malice in his heart

>> No.58179801
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58179801

>> No.58179816

CZ played his game really well kek. Love that SBF got fucked in the ass by himself lol

>> No.58179820

>Mukasey: His mom says he is misunderstood. It is easy to slot people into an old fashioned story of the greedy swindler... Sam never scurried away with money. He stayed to the end. He'll tell you more how much it means to him that people get repaid.
This lawyer is fucking retarded

>> No.58179824

>>58179782
Why is american law so based? He would get like 5-8 years here in Europe

>> No.58179833 [DELETED] 
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58179833

>>58179799
Haha I just read that, Jews and their "holocaust". Even when defrauding millions of people they ALWAYS have to be the victim.

>> No.58179835

>Mukasey: He's an awkward math nerd. He's into veganism. He has an off the chart intellect. He is a beautiful puzzle. He can parse words better than a Talmudic scholar. He was a billionaire unconcerned about material possessions

>> No.58179840

>>58179835
Lmao. You can't make this shit up

>> No.58179845

>"Sam never scurried away"
Bets on him deploying the classic coat over head courtroom stealth dash?

>> No.58179853

>>58179835
lol wtf

>> No.58179854

>Mukasey: He never sought out to be the king of crypto. He just wanted to have the largest positive impact in the world. But it was not ends justify the means, that would harm the altruistic movement... How is standing by him now? Not Tom Brady or Katy Perry

>> No.58179859

>>58179795
absolute worst case scenario he does 10 years in club fed

>> No.58179888

>>58179835
>He can parse words better than a Talmudic scholar
Sounds like rap lyrics

>> No.58179899
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58179899

>> No.58179901

>Mukasey: It's the scientists that stand with him. It was not posing. Sam Bankman-Fried was committed to doing good... He's been tutoring people in the MDC. He knows what it's like to come across as unlikeable, to practice how to make eye contact in the right way

>> No.58179908

>Mukasey: His mother says there's a terrific sadness at his core. His brother says, Sam would be uncomfortable giving me a hug - but I know he would give me a kidney if I needed one... He has been in the worst prison in the country for the last seven months.

>> No.58179912

>sam's a good boy he dindu nuffin

>> No.58179914
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58179914

>>58179835
wtf
also why the FUCK do amerisharts always start their streams two fucking hours before anything happens? why do amerishart courts take this long?

>> No.58179932

>>58178742
OK Caroline

>>58178796
OK Barbra

>> No.58179945

>Mukasey: I understand there has to be a perception that justice was done. I'm reminded of the case of Stefan Irving - he was a predatory, and got only 21 years. Don't destroy the prime of this kind young man's life. Let him meet a partner and have a baby.

>> No.58179951

>>58179945
>Let him meet a partner and have a baby.
Lol. No.

>> No.58179960

>>58179945
>Let him meet a partner and have a baby.
that was never gonna happen

>> No.58179968

SBF is up now
>Mukasey: We ask that you sentence him with a compassionate heart.
>Judge Kaplan: Thank you. Mr. Bankman-Fried?
>SBF: I appreciate what Mark said about me. I don't know that the most important thing today is my emotion life or hypothetical future kids

>> No.58179969
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58179969

Just got banned for "racism" for posting this.

Whatever Jannie/mod was responsible for that, please go suck big fat nigger dick.

>> No.58179988

>>58179960
pretty sure he already has several unrecognized kids tho
he was hoing it across the globe

>> No.58179994

His lawyer dug a nice big hole and now it's time for SBF to jump into it

>> No.58180004

>>58179945
>>58179835
>>58179799
Lmao I wonder if the parents were the ones to write this whole statement

>> No.58180005

>>58179683
Correct but there's one unwritten rule among jews, don't fuck with another jews money. He broke it so he basically lost his status.
t. Jew

>> No.58180015

>SBF: It looked like it was going to work. Gary sent me a message one day, a link to a crypto exchange - the whole industry rebuilt itself in the image of what Gary had made. So many things about what he built became industry standards

>> No.58180027

>SBF: Alameda was in danger of falling apart. I got an anonymous message of what I should do to fix it. It was clearly from Nishad, he's famously humble. And Caroline, quite something, mostly self taught, she asked me for advice on her reviews of employees.

>> No.58180029

>>58180015
is this some guy on 4chan in the court room lol

>> No.58180037

>>58179612
400k (now 2M) and not using cold storage. You risked everything for a shitty profit.
Your own fault.

>> No.58180058

>SBF: Alameda wasn't bankrupt, FTX wasn't - Alameda's gains were lost, it was more leveraged than it should have been. We had to liquidate to meet the run on FTX. Then shutting it down. FTX would have survived, Alameda would not have. An unpleasant few weeks

>> No.58180062
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58180062

>> No.58180067

Now he's bragging about being a scammer in prison
Baffling stuff

>> No.58180073

>SBF: I made a lot of mistakes. But that's not how the story ended. Customers weren't paid back. FTX didn't survive that. Yeah, customers have been given conflicting claims. That's caused a lot of damage. They could have been paid back

>> No.58180082

>>58180067
lol nvm that's a fake account
It sounded real though

>> No.58180085

>>58178767
Where is zero? This jew isn't going to jail.

>> No.58180093

>>58180085
Literally and legally impossible

>> No.58180095

>SBF: There are enough assets. It's not because of a rise in the price of crypto, that hasn't hurt, there just was enough. As Sunil said, the emotional pain. Why haven't they been paid back? There was, to be fair, a liquidity crisis. That was in part my doing

>> No.58180102

>>58179820
>>58179835
Jews have completely jumped the shark. Wtf is this year?

>> No.58180103

>>58180095
i like how he's pretending to take responsibility to try to convince the judge to not throw him in prison forever

>> No.58180129

>>58178737
25 years and $8bn fine. reduced to 15 after appeal. he'll serve 5 somewhere cushy then a few years house arrest. salary garnished forever.

>> No.58180144

>SBF: It was inspiring. There are been some who have stood up for customers. But mostly they have been failed, by more people that I can count, not least of all myself. I was the CEO of FTX, I was its leader, that means I was responsible at the end of the day

>> No.58180152

>>58180129
>salary garnished forever
as if that is a threat to anyone but the cuckiest of wagies that never gets in such a position in the first place

>> No.58180162

>>58180129
federal sentences have a 85% minimum time served requirement

>> No.58180168

>SBF: It doesn't matter why things go bad, if you're the CEO, it's on you. I'm not the one who matters the most at the end of the day... My useful life is probably over. I've long since given what I had to give. I can't do it from prison.
>SBF: I can't impact if I get 5 years or 40 years. I know how the prosecutors see me, the court, the media. I understand it. You referenced my test to the general counsel. I was trying to help - that's not how the prosecutors saw it, the media, that's that. I uh

>> No.58180178

>>58180162
whatever the math he will be free of jail/house arrest within ten years. fight me.

>> No.58180183

>>58180168
guy is clearly one heck of a fucking narcissist. what the fuck. he cant sound genuine even when pleading for his life

>> No.58180188

>>58180178
we'll know here in a few minutes

>> No.58180190

His parents are connected Democrats, he's not getting more than 20

>> No.58180197
File: 38 KB, 774x960, blep.jpg [View same] [iqdb] [saucenao] [google]
58180197

>>58179835
>He was a billionaire unconcerned about material possessions
He was a billionaire unconcerned about other people's material possessions

>> No.58180200

>SBF: At the end of the day, it looks like customers will finally get paid, current value of assets. It's true for lenders and investors as well. I guess I wish I had been able to do more to help that, I think I failed at that. I'm not sure why, but I do think I did

>> No.58180210

>>58178737
>Bets?

Seven (7) years

>> No.58180212

>>58180200
>stealing is ok if you pretend you are going to give it back in the future

>> No.58180214

>SBF: There is an opportunity to do what I thought I would do for the world, not what I ended up doing. If people do what they can for the world, hopefully I can see their success not just my own failures. Thank you.
>Judge Kaplan: Thank you. Government?

>> No.58180224

>>58180212
>I was just borrowing it

>> No.58180240
File: 8 KB, 225x225, download.jpg [View same] [iqdb] [saucenao] [google]
58180240

>>58180224

>> No.58180242

>AUSA Nicolas Roos: Samuel Bankman-Fried stole $8 billion dollars. It was theft, from customers spread all over the world. It was a loss that impacted people significantly and caused damage. I want to address a few of the new victim letters
Feds are going into loss porn now

>> No.58180250

Can somebody explain why no other jurisdictions are brining cases? Is it because Democrats won't extradite one of their own? Dude fucked over people in a shitload of countries.

>> No.58180253

>>58180212
>>stealing is ok if you pretend you are going to give it back in the future
To
>the World
>The entire whole world
>And make it betterer

>> No.58180263

>AUSA Roos: They lost their life savings. A man who lives in Portugal - the day before bankruptcy his daughter was born. He was marred by the ominous specter of financial instability and his daughter's future. Then there's the 23 year old from Morocco
>AUSA Roos: He is the eldest son. He kept money on FTX not to loan it out to the defendant but for family's security. One more - a couple in the later stages of their life, late 60s, they invested with life savings. They were depressed, they had to go back to work

>> No.58180267

I've never seen such blatant narcissism Jesus. these types of people cant stop it even when they are trying to get out of a jail sentencing.

his entire testimony there was just non stop
>I, me, I
>I cant show and be great from prison
>the world cant see how i was actually good
>its my fault that i created the circumstances where people cant see how goof i was being
>my greatness cant be realized anymore
>investors are ok now but i tried to be great

There is no way the judge is going to have an ounce of sympathy for him after that lol

>> No.58180269

>>58180263
Leave it to the feds to talk about non us citizens who were scammed

>> No.58180280

>AUSA Roos: Mr. Mukasey said the defendant didn't look his victims in the eyes. I disagree. These days people look into people's eyes through Twitter. Now also, the defendant took $1.7 billion from investors - that alone necessitates a long sentence

>> No.58180285

Can we take a moment to appreciate the fact that there were people who unironically wanted to let him walk free without any repercussions whatsoever? Oh America, you corrupt shithole of a country.

>> No.58180290

>>58178748
dont post here please, I say this from the bottom of my heart crypto is not for you

>> No.58180294

>>58180269
Not as good as some of the Ross Ulbricht case testimony where people willingly ingested drugs and did dumb shit and blamed him

>> No.58180299
File: 51 KB, 620x400, file.png [View same] [iqdb] [saucenao] [google]
58180299

>>58178767
Being a burger is so cool you get locked out of all these funny money websites

>> No.58180303

>>58180269
Kek, I was thinking the same thing. Wonder if they'll mention how much of the money was used to finance Democrat campaigns and how they won't have that money next election cycle abloo abloooohooo.

>> No.58180306

>AUSA Roos: Some get 40 or more years for that alone. There were also the loans, two lenders went bankrupt. That too justified, on its own, a severe sentence. Also one of the largest bribes. He committed perjury. It was pervasive

>> No.58180313

>AUSA Roos: Anon lost his lambo money. He was a virgin, lived in his mother's basement and posted every day about making it on the business board of a Chinese cartoon website.

>> No.58180318

>AUSA Roos: You have the defendant's cost / benefit analysis which would allow him to do it again. If Mr. Bankman Fried thought mathematics justified it, he'd do it again. Today he spoke about mismanagement, a "painful few weeks" - no acceptance of responsibility

>> No.58180323

Who here actually had FTX ?

>> No.58180331

>AUSA Roos: He did not swear off doing it again. He said there is an opportunity to relaunch FTX or an equivalent. That, I submit, tells the court exactly what could happen. A sentence is necessary here of at least 40 years so he will not do it again

>> No.58180362

>AUSA Roos: Mr. Mukasey says the defendant is virtuous... The defendant is not a monster but he committed gravely serious crimes that harmed many people - and he would consider doing it again. So, 40 to 50 years.
>Judge Kaplan: Thank you Mr. Roos.

>> No.58180375

>Judge Kaplan: I've considered the guidelines and the 3553 factors. Much of what was said about the defendant's background is undisputed. He was privileged, had loving and devoted parents, he had every advantage they could confer on him, he went to MIT

>> No.58180378

>>58180362
>>58180331
>I'll fuckin' do it again

>> No.58180394

>Judge Kaplan: He's extremely smart and he suffers from autism... He is a high achieving autistic person. He is capable of huge accomplishments and he has frequently a social awkwardness and a way of interacting with people that's unusual and sometimes offputting

>> No.58180405

>Judge Kaplan: I sentence SBF to life in Federal pound me in the ass prison for no less than life with no chance of parole. May god have mercy on your soul

>> No.58180408

>Judge Kaplan: He went to Jane Street, made a lot of money, have a lot of it away. There was testimony at trial, I don't remember by whom, I learned that the people at Jane Street were encouraged to play quantitative games, bets

>> No.58180411

>>58179761
Everyone keeps saying that SBF is these guys' prison bitch, but this looks more like paid protection to me. He'll be fine.

>> No.58180427

>he's a genius
idk bros im thinking sbf isnt actually all that smart...

>> No.58180435

>Judge Kaplan: He had been exceptionally ambitous and aware of his talents. Ms. Ellison testified that he was very ambitious. He talked about building two huge companies and very interested in politics and wanted to use his money to have an influence on politics
>Judge Kaplan: He said there was a five percent chance he'd be president one day. Indeed, this was a huge financial crime. He wanted to be a hugely politically influential person in his country. It wasn't just the left end of the spectrum

>> No.58180437

>>58178767
How is betting no on all of these not free money?

>> No.58180445

>>58178807
>epic and swift
I FUCKING HATE JOURNALISTS
I FUCKING HATE JOURNALISTS
I FUCKING HATE JOURNALISTS

>> No.58180449

>>58180427
he isn't. its just part of his own narcissistic narrative hes been pushing the whole time
>autistic boy genius who loves to help and do good!!

both the autism and narcissism come with lack of empathy, so its absolutely no surprise how he cannot, what so ever, see how absolutely nobody buys it and everyone sees right through it.

>> No.58180454

>Judge Kaplan: He set up a vehicle to make donation to the right, through straws that wouldn't come back to him. Some of this, at one point, might have been attributed to him have presented himself as in favor of appropriate regulation of the crypto industry

>> No.58180461

>Judge Kaplan: In my judgment, that was an act. And he admitted it, ultimately. On November 15 or 16, he was interviewed by a reporter he knew well who said, You said a lot of stuff about good regulations - was that just P.R. too? He: "Yeah, f*ck regulators."

>> No.58180463

>>58180435
>He talked about building two huge companies and very interested in politics and wanted to use his money to have an influence on politics

>> No.58180481

>>58178737
SBF will get a $100 fine and get 8 Hours of community service because he is a well-meaning jewish manchild with a poor memory.
SCREENSHOT THIS POST!

>> No.58180482

>>58180461
>Yeah, f*ck regulators
The only based thing he ever said

>> No.58180494

>Judge Kaplan: I sentence SBF to a reverse circumcision, and a swift deportation to Palestine

>> No.58180495

Cut the poor kid a break. We all make mistakes

>> No.58180497

>Judge Kaplan: It was power. Influence... Caroline Ellison was asked, How did the defendant describe his approach to risk? Answer: He said he was risk neutral, he was comfortable as long as positive E.V. - expected value

>> No.58180514

>Judge Kaplan: A man willing to flip a coin as to the continued existence of life on earth. Mr. Bankman-Fried knew that Alameda was spending customer funds on risky investments, political contributions and Bahamas real estate. The funds were not his to use

>> No.58180536

>>58180435
>>58180454
>>58180461
Sonofabitch. He's gonna set a precedent and sentence him to even more than bernie madoff. He's getting the max. This guy's talking about him like he's a supervillian

>> No.58180555

>Judge Kaplan: One of his pithier expression, I think, was "I f*cked up." Mr. Bankman-Fried has the right to plead not guilty & go to trial. Everybody's got that right and I don't hold it against him. But I come back to Ms. Ellison's testimony. He knew it was wrong

>> No.58180561

How much longer, God damn.

>> No.58180575

>Judge Kaplan: He's not going to admit a thing. As is his right. Specific deterrence? His name is mud around the world. But he's persistent and he's a great marketing guy. Mr. Roos is right that the outlines of Sam Bankman-Fried's revised version are clear

>> No.58180578

This is a kangaroo court. He was practicing judaism and we are punishing him for an honest mistake

>> No.58180581

>>58180561
Judge is going to rip on him for another 45 minutes

>> No.58180586

>>58180561
2 more weeks

>> No.58180593

>>58180575
>>58180555
He's fucked

>> No.58180598

>>58180555
>But I come back to Ms. Ellison's testimony. He knew it was wrong
She fucked him

>> No.58180602

>>58180323
Anyone that visits 4chan regularly and put money into a turbo jew exchange deserved everything that happened to them.

>> No.58180607

>>58180598
>How do you like the pinning?

>> No.58180609

>>58180602
it was never really talked about or hyped on here, considering its scale. /biz/s latent mistrust was an asset in this case.

>> No.58180617

>>58178796
So being a jittery retard means it's legal to actively steal $10B in customer funds, spend them on yourself, family, political donations etc? Get a grip, faggot.

>> No.58180624
File: 17 KB, 1213x119, Screenshot 2024-03-28 153910.png [View same] [iqdb] [saucenao] [google]
58180624

NOOOOO!!! YOU CAN'T SEND A VIDEO GAME LOVING VEGAN TO 100 YEARS OF PRISON!!! NOOOOOOOOOOOOO!!!!!!!!!!

>> No.58180625

>>58180536
Why is that a bad thing. Lock him up and throw away the key.

>> No.58180627

>Judge Kaplan: The same skills that had him, even after arrest, pitching his story to a huge number of media people. He had every right, we discussed that... On general deterrence, at the end of the day the criminal justice system thrives only if it's seen as fair

>> No.58180639

Is Michael Lewis there again? His book was like a gay porn novella about sucking Sam's grease

>> No.58180640
File: 171 KB, 792x1280, photo_2024-03-28_19-40-05.jpg [View same] [iqdb] [saucenao] [google]
58180640

>> No.58180641

>Judge Kaplan: People need to feel, It's fair. Or we're back to trial by combat, folks, or something like it. So punishment must fit the seriousness of the crime. And this.. Was. A. Serious. Crimes. Bear with me.

>> No.58180643

>>58180625
I think it's very good. I'm honestly shocked the political donations were brought up so bluntly by the judge at sentencing.

>> No.58180653

>>58180617
The only reason he's a
>jittery autist people feel uncomfortable around
Is because he's a slimy piece of shit they can sense is scheming all the time

It would be somewhat abnormal to not be a bit jittery having just stolen several billion dollars.

>> No.58180654

Free him

>> No.58180658

>Judge Kaplan: The defendant will rise for the imposition of sentence, please.... [SBF stands, as do his 3 lawyers]
>Judge Kaplan: I know the Probation Department recommends 105 years, and the Government 40 to 50 years. That would be more than necessary.

>> No.58180667

>>58180602
Yep. And Celsius (run by a woman).
Unironically racists and sexists are better at avoiding scams in crypto. Weeb-portfolios because Nakamoto sounds japanese are the highest returning.

>> No.58180678

>Judge Kaplan: I am not diminishing the harm. The brazenness of his actions. His exceptional flexibility with the truth. His apparent lack of any remorse. I want to add one further thought. I did not think it a fruitful use of time to spell out every lie -
>Judge Kaplan: When not lying, he was evasive, hair splitting, trying to get the prosecutors to rephrase questions for him. I've been doing this job for close for 30 years. I've never seen a performance like that.

>> No.58180691

>>58180639
Lewis is a hack and always was. I was impressed once, sure: I was 12. By 16 I recognized his writing for the vapid trash it is.

>> No.58180692

>>58180598
The weasel now does the pinning

>> No.58180695

>>58180658
Nigga is gun get 10 years while Kaplan the jew gets a hidden donation

>> No.58180708

It was either the political connections would get him more time for making an example of him because he made them look bad, or less time because he could squeal on their corruption. When the corrupt Democrats dropped the campaign donations case it was obvious which way it was going.

>> No.58180710

>>58180678
>>Judge Kaplan: When not lying, he was evasive, hair splitting, trying to get the prosecutors to rephrase questions for him. I've been doing this job for close for 30 years. I've never seen a performance like that.
Unbelievable a judge has never dealt with *this kind* of 'person' before.

>> No.58180719

>Judge Kaplan: It is the judgment of the court that you are sentenced to 240 months then consecutive 60 [etc] for a total of 300 months [25 years]
RIP

>> No.58180725

25 years
t r a s h

>> No.58180726

>>58180719
not enough.

>> No.58180727

>>58180719
So 20 years with federal goodboi guidelines. That aint bad.

>> No.58180728

>>58180710
Sam was probably just the most intelligent autist. Most defendents are black>>58180710

>> No.58180730

>>58180719
FUCKING BULLSHIT
NOT NEARLY ENOUGH

>> No.58180729

>>58180719
Is this true?

>> No.58180732

>>58180719
not enough

>> No.58180735

Oy vey, its anudda shoah

>> No.58180738

>>58180719
Biden will commute on his way out

>> No.58180740

25 years?
>boots up minecraft

>> No.58180744

>>58180719
very meh after that monologue

>> No.58180745
File: 292 KB, 1080x721, Screenshot_20240328_114935_Chrome.jpg [View same] [iqdb] [saucenao] [google]
58180745

He was right

>> No.58180747

>>58180641
FUCK YES BRING BACK TRIAL BY COMBAT

>> No.58180754

>>58180719
So he’ll be 57 when he’s out or 52 with good behavior

>> No.58180760

>>58180719
OH GEEZ. OH GWARD.
DEY GAD IM...
hhhhhhhhhhhh
day gad im.......

>> No.58180768

>>58180719
He'll be in mid 50s when he gets out. Still enough time for a scam or two

>> No.58180771

they protect their own

>> No.58180774

20 years commuted down to 10, served in club fed

where can I bet on this outcome

>> No.58180784

>>58180725
That's more than a quarter of your life, imagine the loss income and potential memories

>> No.58180785

>>58180771
Uhh 25 years is protecting? He obviously did something to tell to get caught and exposed in the first place

>> No.58180787
File: 50 KB, 640x626, 1696941897141924.jpg [View same] [iqdb] [saucenao] [google]
58180787

>she got away with it
Gripped her way out of this one too

>> No.58180788

>>58180754
Plenty of time for him to fake his death and buy some beachfront property in israel with all the ill-gotten hidden gains.

>> No.58180790

>>58180719
BASED

>> No.58180792

Its 25 years

LMAO

>> No.58180793

>>58180774
It's already been announced slowpoke

>> No.58180794

>Judge Kaplan: Mr. Bankman-Fried, would you like me to read you the conditions?
>SBF: No, thanks, I'm OK.
>Judge Kaplan: Any other requests?
>SBF lawyer Mukasey: We may submit language regarding designation [to which facility] Let me hand it up

Will the judge let him stay in a nice place he requests or no?

>> No.58180799

>>58180787
And what about Trabucco?

>> No.58180804

the funny thing is that all he had to do was just sit back and collect fees from ftx and he was set for life

>> No.58180805

>>58180754
>>58180768
yall are fucking crazy his life is pretty much over

>> No.58180809

>>58180787
I guess you can't truly pin the weasel after all

>> No.58180810

>>58180793
i want to bet on his sentence getting halved by biden though

>> No.58180813
File: 715 KB, 778x590, GJxMqrdWEAAzENW.png [View same] [iqdb] [saucenao] [google]
58180813

>Judge Kaplan: Mr. Bankman-Fried, would you like me to read you the conditions?
>SBF: No, thanks, I'm OK.
>Judge Kaplan: Any other requests?
>SBF lawyer Mukasey: We may submit language regarding designation [to which facility] Let me hand it up
It's now 3am and I can sleep soundly, goodnight /biz/

>> No.58180817

>>58180794
C-can I have my kirby beanbag chair and a goon cave???

>> No.58180821

how long until he can get out on parole?

>> No.58180827

>>58180805
Man 52 is pre-Golden time. He will have a bunch of book deals and shit like what happened with Belfort. Sure, he'll have to give some of it up to the govt for the hue with a baby to get some gibs dat for his shitty plays, but he will be fine.

>> No.58180830

>>58180794
After giving him half what the prosecutors wanted which was already half of what he should have got (the maximum)?

I'm guessing they'll ask for house arrest and the judge will give him half minimum security prison so SBF can learn to golf and then half house arrest.

>> No.58180831

>>58180804
not how narcissists work. never enough.

>> No.58180833

Palestine will pay got today's violations.

>> No.58180859

20 - 25 years is pretty good, shouldve been harsher but I couldnt imagine going into the slammer right now and seeing my 30s and 40s fly past me. His life is fucked and nobody will give a fuck about him when he comes out. As >>58180804
said, he couldve had a very cushy life.
You get what ya fuckin' deserve.

>> No.58180865
File: 87 KB, 800x600, Caroline-Ellison_1.jpg [View same] [iqdb] [saucenao] [google]
58180865

damn. he had it all

the money
the power
the girl

>> No.58180879

>>58180813
based, thank you for the transcript

>> No.58180886

>>58180865
IMAGINE
He could have had it all but he threw it away for a 2/10 jewish weasel.

>> No.58180889

>>58180821
If you're convicted of a Federal crime you're required to do 85% of the original sentence.

>> No.58180887

>>58180827
reminds me of The Sopranos when the lawyer tells Johnny Sac he'll get out at ~60 and calls it "golden years" - grandkids etc. And Johnny just gives him the death glare.

>> No.58180892

>>58180859
>seeing my 30s fly by
Haha instead of spending it in prison I just spent it wageslaving. Haha. Ha.
Totally not financial slavery at all.
Ha.

>> No.58180894

>>58178737
> white collar prison
> early release
He'll be out long before he's 50.

>> No.58180900

>Judge Kaplan: Anything more we can accomplish? No? Adjourned.
>[Sam Bankman-Fried is lead out by US Marshals, clasping his hand behind his back as if handcuffed. But he is not handcuffed. Yet.

Should be the last update. @innercitypress on X. thanks to >>58179649 for link

>> No.58180912
File: 28 KB, 640x480, sddefault.jpg [View same] [iqdb] [saucenao] [google]
58180912

>>58180887
I did 20 fuckin' years

>> No.58180926

>>58180892
Mine will be spent making megabucks off crypto, starting my own business and fucking women in third world countries (which Ive already got a headstart on). He gets to read his books and play his Switch for the next two decades; Id rather kill myself.

>> No.58180930

>>58180912
I wanted to fuck a woman. I compromised. I pinned a weasel instead.

>> No.58180932

that's a whole lot more than I was expecting. Poor guy, tried to play the system and didn't go too well.

>> No.58180943

>>58180827
>Man 52 is pre-Golden time.
This is massive cope.
Your golden years are your youth. Sam might be fine because he has a rich family who will take care of him after he gets out. But it won't be as fun as being young and rich was for him.

>> No.58180945

>>58180932
I expected him to get the max or just enough that he never gets released

>> No.58180948

>>58180932
We still have years to see how much he actually serves. Plenty of ways he gets out early.

>> No.58180966

>>58180900
>>[Sam Bankman-Fried is lead out by US Marshals, clasping his hand behind his back as if handcuffed. But he is not handcuffed. Yet.
Autism to the end. Still not enough.

>> No.58180967

>I would've gotten away with it, if it wasn't for that devilish Chinaman. Nyeh nyeh nyeh...

>> No.58180974

Look what they did to my boy. A fellow sperg who finally made it out the hood and they do this to him. Free SBF he dindu nuffin

>> No.58180975

>>58180948
İsn't being convicted from a federal sentence means he needs to serve 85 percent of it

>> No.58180978

>25 years for $8 billion

How long would (You) go to prison for if you stole that much /biz/?

>> No.58181000

>>58180932
The issue is that his parents were respected economics professors at elite universities. He was consciously gaming the system and committing fraud at a level more advanced than even dictators, billionaires and the mafia.
In a lot of ways it's a warning shot because there is a huge regulatory gap that due to a mix of gridlock and holes in international banking with Web3 financial platforms. Like when the NCAA banned dunking because Wilt was scoring 40 a night.

>> No.58181008

>>58180975
Could be pardoned, could fake his death, and there is being released after only 85% like you said.
>he’d never be pardoned!
Look at who trump chose to pardon as an example.

>> No.58181015

>>58180975
Biden or a future president could pardon him or reduce his sentence

>> No.58181024

>>58180978
Any of us would just be killed quietly, and probably our entire families, too. Maybe not quietly, maybe they'd put how gruesome it was and how much we suffered on the news as a warning.

>> No.58181052

>>58180932
25 years is tough, but the government asked for 40-50 years. It could have been much worse, especially after Sam's shenanigans:
>violating bail conditions
>attempted witness tampering
>persistent dishonesty on the witness stand
>not truly taking responsibility in today's statement -- just "I made mistakes" and "someone has to be accountable and I was the CEO, so..."

>> No.58181053

>>58181008
Perhaps those political donations could come in handy for him

>> No.58181082

>>58181024
And 5 years later, at the most, they'd make a shitty netflix doc about your deaths to make money off of it.

>> No.58181091

>Judge Lewis Kaplan said he would recommend to the Bureau of Prisons that Bankman-Fried be placed in a medium-security facility or any lower-security facility the bureau finds appropriate.

he's going to club fed

>> No.58181109

>>58181082
Nah best your getting is a youtuber with 40k subs doing a video essay

>> No.58181110

>>58180799
seriously, where in the fuck is that guy? he has been a complete ghost ever since this all went down

>> No.58181120

For anyone wondering about appeals: I read somewhere that, historically, appeals against Judge Kaplan haven't been very fruitful. His decisions tend to withstand scrutiny.

>> No.58181130

>Ceroline the rat gets off Scott free
Just female privilege things

>> No.58181137

>>58178737
Kek

>> No.58181141

>>58181120
Considering the sweetheart deal of today, no wonder. He undersentences like mad. I'm betting he literally takes bribes.

>> No.58181145
File: 771 KB, 839x480, 1681126416527977.png [View same] [iqdb] [saucenao] [google]
58181145

>>58181091
Taken at random from here:
https://www.bop.gov/locations/list.jsp?security=Medium&sort=&addAlphabet=false&sortDescending=false

FCI McKean is picrel from news article: https://www.nbcphiladelphia.com/news/local/how-a-pa-prison-is-finding-solutions-to-the-unique-challenges-prisoners-with-developmental-disabilities-face/3791895/

looks... like prison

more about medium security:

>What is a medium-security federal prison, and what is life like on the inside? The short answer is they tend to be a mixed bag. Some are relatively easy and safe institutions, while others are incredibly violent. Due to this diversity, it is essential to know the medium-security federal prisons’ culture.

>According to the Federal Bureau of Prisons, medium-security prisons have strengthened perimeters, typically house inmates in cells, and have a high staff-to-inmate ratio. Double-fenced perimeters with electronic detection systems usually surround them. Additionally, prison staff exerts greater control over the inmate population.

>Medium-level prisons house approximately 32.4 percent of the federal inmate population. This equates to around 50,856 federal prisoners. They are nearly as crowded as low-security federal prisons.

>> No.58181148

>>58179612
Not your keys, not your crypto.
You should've known the risks with leaving your coins on a 3rd party exchange after seeing what happened with mtgox

>> No.58181152

25 years in prison. I wonder if he was able to stash any ill-gotten gains on a hard drive somewhere.
I'm sure the feds will seize everything, even upon his release if he magically has hundreds of millions of dollars again somehow.
I'm glad he's going to rot in prison though, smug bastard fucking loser.

>> No.58181167

>>58181152
if we're lucky someone will off him before he gets out anyway. hell, the democrat party might arrange for his "suicide" considering all the dirt i'm sure he has on them, biggest donor and all

>> No.58181184

>>58180029
We are everywhere

>> No.58181224

>>58181052
Terrible sentence, he knew exactly what he was doing, it should have been max. This is clearly a example of a tiered ruling class above the other class in this country. Imagine anyone else stealing billions, people go to jail for longer for robbing a 7-11 for 500 dollars.

>> No.58181237

>>58181109
>Nah best your getting is a youtuber with 40k subs doing a video essay
Will it include basic 3D scene models that get panned around to create the illusion of motion, like those ones about health and safety accidents with autospeech dubbing?

>> No.58181256

>>58180787
>Gripped her way out of this one
kek

>> No.58181289
File: 163 KB, 1422x803, 636273377827868602-COLEMAN-PRISON.jpg [View same] [iqdb] [saucenao] [google]
58181289

>>58181145
Even rich people in America don't get to go to Scandinavian-style apartment prisons.
Pic related is what a minimum security prison looks like in the US

>> No.58181298

>>58181289
You could have coom wars over the walls on the top bunk. Probably a situation where lower bunk is bestest bunk.

>> No.58181323

>>58181289
Serious question: how is America even considered a first world country?

>> No.58181334

>>58181289
"Club fed" is a myth. Minimum security is better than a pound-me-in-the-ass prison for violent offenders, but it still isn't nice or comfortable by any means.

>> No.58181355

Did he really truly have malice in his intention?

>> No.58181363

>>58181224
It always depends on the details of the crimes and other factors. But even then, yes, punishments aren't particularly consistent. Bernie Madoff got 150 years. Elizabeth Holmes got only 11 years in a fairly comfy women's prison.

>> No.58181381

>>58181224
Kaplan is a jew.
So is SBF.
Coincidence.

>> No.58181392

>>58178737
Slap to the hand, walks free because le innocent jew

>> No.58181396

>>58181323
Right? Prison should be fun and epic!!

>> No.58181509

>>58180719
will he be trading from his jail cell?

>> No.58181589
File: 66 KB, 680x425, TELEMMGLPICT000231255218_trans_NvBQzQNjv4BqOFETOfxYGjVMc6tecZdrRDt-5vz20WiGvXVBs0N4ZS8.jpg [View same] [iqdb] [saucenao] [google]
58181589

25 years not enough?
He was a rich kid from a rich family. His life was going to be golden.
Half of his 20s wasted, all his 30s wasted, all his 40s wasted, half of his 50s wasted.
He had everything and now he will live 25 years here >>58181289 with no privacy full of niggers and mexicans.
I would kys tomorrow. Even more knowing that I woukd have spent 7 to 10 years in any other EU country lol

>> No.58181868

>>58181224
"he only borrowed user funds to gamble with them"


good defense

>> No.58181901

>>58178823
nice

>> No.58182007

>>58181589
As other anons have said, the most baffling thing is that he didn't try to run or anything.
Somehow he was sociopathic enough to get away with it all? Or thought he was smarter than the government?
Anyone with an actual modicum of intelligence would've moved several million dollars of crypto to dark wallets, then moved to some remote area of a non-extradition country.
Belarus, Ukraine, or Moldova would've been great countries to establish a second residency in.

>> No.58182074

>>58180886
ye but that grip doe

>> No.58182097

>>58181589
Oy vey he dindu nuffin he was a kind autistic genius

>> No.58182178

>>58180821
21.25 years? He's gonna be thrilled to see his portfolio when he gets out of jail then.

Bullshit.

>> No.58182784
File: 201 KB, 1024x1536, FquG2DPWAAYmiZ5.jpg_large.jpg [View same] [iqdb] [saucenao] [google]
58182784

>>58182007
This is what I don't understand.

If you have a crypto business, and it's growing your number one priority should be to move your entire life overseas - permanently.

>I don't condone his actions, nor do I support what he has done. It is a terrible thing to do.

but he's about to do 25 years in prison with his years gone vs 25 years in cambodian penthouse.

Their was that Dutch guy years back that made off with 350 mil+, and was wanted by authorites. He left the country with the money and was never heard from again

>> No.58182856

>>58182784
>Their was that Dutch guy years back that made off with 350 mil+, and was wanted by authorites. He left the country with the money and was never heard from again
Do you have an article about that, or more details?

>> No.58183082

>>58181110
He was the whistle-blower.

>> No.58183148

>>58182007
He was greedy and narcissistic to the point where it manifested in retardation.
Like others have said, he could have simply collected transaction fees from FTX and he still would have been a billionaire.
I think he did what he did because he liked feeling like he was cheating and getting an unfair advantage. It was an ego thing. He certainly didn't need any more money to sustain his lifestyle.

>> No.58183188

>>58180886
i think she's kinda cute

>> No.58183237

>>58181298
Lower bunk is always best bunk unless you're 9

>> No.58183278

>>58180886
She’s not jewish

>> No.58183386

>>58182856
www.cnbc.com/2017/11/23/confido-ceo-who-allegedly-pulled-375k-scam-lied-about-employment.html

>> No.58183463

>>58183386
Thanks. $375k is far less than $375 million. I imagine it's hard to be a fugitive with so little cash.

>> No.58183620

>>58180865
kek