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skullone | 2 months ago

But it shows that there's really no penalties for the rich to commit billions in fraud

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mikkupikku|2 months ago

Bankman-Fried is doing 25 years in prison. That's the average prison sentence for murder. The message being sent is that you should turn on your partners in crime now and save yourself a lot of suffering in the long run.

jahnu|2 months ago

I think people have no handle on what years and decades of life lost to prison means. The numbers are just abstract to them.

JumpCrisscross|2 months ago

> it shows that there's really no penalties for the rich to commit billions in fraud

She’s a felon, banned “from holding executive roles in public or crypto companies,” penniless and probably fighting lawsuits for the rest of her life.

amanaplanacanal|2 months ago

Not as long as you are willing to roll on the other guy. This has always been the way.

ralph84|2 months ago

It's more about who you defrauded. Bernie Madoff died in prison because he defrauded other rich people.

Rebelgecko|2 months ago

As long as they have someone "worse" to snitch on