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Valuy@lemmy.zip to News · 2 days ago

Sam Bankman-Fried loses bid to appeal against fraud conviction in FTX case

www.theguardian.com

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Sam Bankman-Fried loses bid to appeal against fraud conviction in FTX case

www.theguardian.com

Valuy@lemmy.zip to News · 2 days ago
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Decision to not overturn fallen crypto mogul’s 25-year prison sentence was handed down by three-judge panel
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  • Raiderkev
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    2 days ago

    Amazed he has not been pardoned yet. The feds must’ve actually got all his crypto. I assumed he had some squirreled away to bribe Trump with.

    • Masamune@piefed.social
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      2 days ago

      That’s the flaw in his fraud, he forgot to slip a few BTC to his local politicians.

      • Raiderkev
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        16 hours ago

        Supposedly he did if you buy his playing both sides argument.

        https://www.theguardian.com/technology/2022/nov/30/ftx-billionaire-sam-bankman-fried-dark-money-republicans

  • smaximov
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    2 days ago

    Dude’s name is literally Bank Fraud. Did Kojima write this?

    • inari@piefed.zip
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      2 days ago

      Bankman got fried

  • jaycifer
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    2 days ago

    This prompted me to relisten to the If Books Could Kill episode about a biography of Bankman-Fried. It’s comical how over confident and under competent this guy appears to be.

    • Tollana1234567@lemmy.today
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      1 day ago

      hes basically sam altman but for cryptocurrency.

      • EvergreenGuru
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        21 hours ago

        We can only hope that Altman experiences a similar fate.

        • Tollana1234567@lemmy.today
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          9 hours ago

          too bad hes just a puppet of thiel.

  • SailorFuzz
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    2 days ago

    this man is still not in jail? what a luxury.

    • setsubyou
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      2 days ago

      From the article

      Bankman-Fried is being held at a low-security federal prison near Santa Barbara, California. He is eligible for release in 2044.

      • manxu@piefed.social
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        Low-security federal prison? Isn’t that Club Fed, the notorious country-club federal prison for rich people?

        • DankDingleberry
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          1 day ago

          https://www.bop.gov/locations/institutions/lof/

    • Shortstack@reddthat.com
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      Not so

      Bankman-Fried is being held at a low-security federal prison near Santa Barbara, California. He is eligible for release in 2044.

  • MushuChupacabra@piefed.world
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    2 days ago

    I wish to register a complaint about the Find Out part.

  • Optional
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    2 days ago

    Jan 19th 2028 pardon

  • The Velour Fog
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    deleted by creator

    • Arcanepotato@crazypeople.online
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      2 days ago

      This is a separate process from his pardon application.

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