One third of incarcerated folks in the US are there for possession charges. Not intent to distribute, just possession. No bail hence incarceration. How is a person carrying weed a bigger threat to society than a scammer like SBF?
https://www.prisonpolicy.org/reports/pie2022.html
Police do make a lot of drug possession arrests, but the actual prison population who are there for possession is nowhere near 33%.
In any case: it's clearly a minority, yet a sizable one.
Which two numbers? The only number I quoted is 20%, and that's for all drug inmates, not just possession. We don't have the numbers for possession, but they're surely much, much lower.
To return to topic: yes, a person arrested for carrying weed is more likely to do the same again while on bail than this guy is to repeat his fraud while on bail. The fact that it makes no sense to incarcerate people for small time weed possession is a completely different matter.
Was it before he was let out on bail or after?
What makes someone who deals weed keep commiting crimes after they receive bail but with someone like SBF it's different?
Additionally, an interesting question with regards to money is if he's stashed some of those customer funds somewhere. If he has, then even 250 million wouldn't necessarily be an insurmountable barrier since billions are missing. Of course regardless of whether he has access to such stolen funds he'd never need to post the bail as it's unsecured; he'd either abscond and not pay 250 million, or stay and not need to pay in the first place.
Suppose he owns the $400+ million in Robinhood equity that he, FTX, and others are currently in a legal battle over. That asset would be within the reach of the automatic default judgement in favor of government that comes with bail forfeiture, even if SBF had fled to a country without extradition.
> One third of incarcerated folks in the US are there for possession charges.