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SBF ONLY GOT 25 YEARS

COINTELPRO

COINTELPRO

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2023-02-16t211357z-97404411-rc2jcz9swtbk-rtrmadp-3-usa-bankmanfried.JPG


New York— Sam Bankman-Fried has been sentenced to 25 years in federal prison for defrauding customers and investors in his failed crypto exchange FTX, a Manhattan court ruled Thursday.

Before announcing the sentence, Judge Lewis Kaplan said there was a risk “that this man will be in a position to do something very bad in the future, and it’s not a trivial risk.”

Kaplan agreed with prosecutors’ claim that Bankman-Fried “wanted to be a hugely, hugely politically influential person in this country,” and that this propelled his financial crimes.

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Bankman-Fried’s sentence of 25 years was about half of what prosecutors had asked for, but still puts him at the high end for sentence length in prominent white-collar fraud cases. Ahead of him is Bernard Madoff, who was sentenced to 150 years behind bars for the $20 billion Ponzi scheme he led. He died around 12 years into his sentence. Theranos founder and CEO Elizabeth Holmes, who was convicted on four charges of defrauding investors while running the failed blood-testing startup Theranos, was sentenced to a little over 11 years.

In addition to the prison sentence, Kaplan also ordered a forfeiture of $11.2 billion.

However, he said there would be no restitution because it would “impractical” in this case, with so many victims.

Kaplan recommended a medium-security or lower-security facility that is as close as possible to the San Fransisco area so Bankman-Fried’s family can visit him.

This story is developing and will be updated.
 
M

Mrfreddygoodbud

Rising Star
BGOL Investor
850credit said:

Billionaire by 35 Black Man wanted by the SEC

Long story but AWESOME read. New info to some. I knew vaguely of the event that got him in trouble but didn't know the company was Black owned. The Rise and Fall of Bitcoin Billionaire Arthur Hayes | Vanity Fair...
www.bgol.us
Click to expand...

Imagine if the SEC went after all that insider trading going on, on capital hill and buckinham palace....

they might not seem like the wallstreet banksters Hired whores they are!!
 
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rebel

rebel

Rising Star
BGOL Investor
That's a W for him. T White got like 18 years for that tax return fraud case of much smaller magnitude of under 50 million
 
COINTELPRO

COINTELPRO

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Registered
@850credit

Why do you fools send traffic to these websites where they get ad revenue. They lurk on here and steal content all the time.

I posted a couple of tactics to block traffic from going to their websites. If it isn't a video, I wouldn't send traffic to nada.
 
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COINTELPRO

COINTELPRO

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How Black Social Media is Undermined...

Versus After running across another victim on BGOL, having their content stolen, I wanted to post a thread exposing the tactics that are used to undermine black social media. It is a very sophisticated operation for them, however, it exposes many of their covert agents posing as pro-black...
www.bgol.us
 
E

EGO-TRIP

Rising Star
BGOL Investor
Bet he will get a pardon after only a couple of years . Wait till we see which fed prison he's incarcerated at.
 
COINTELPRO

COINTELPRO

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Registered
We have to shut this cuck behavior down steering web traffic. I know some of you hold the camera while another man does your wife BGOL ain't about that life.
 

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