Quite a short sentence for the magnitude of the crime. Financial crimes like these do kill people and destroy countless lives. They deserve maximum pentalties.
If it is to harm him and make the rest of the world satisfied with it 25 years behind bars seems enough to me, I don’t care if it is 25, 35 or 155. In five years I will have forgotten about this.
If it is stopping others, same thing, I don’t think that if someone is determined to do something similar would care about 25 or more years.
Then it’s to stop other bright minds from attempting anything like this - they’ll remember SBF. His crime has a price now: 20-25 years
Sincerely
The American Legal System
Obviously there is a sweet spot. For example, if you're okay with 60 years, than you're probably okay with 80. I'd imagine 20, give or take 5 years or so, is near that sweet spot, but that's just my gut feeling. Obviously statistics is key here, if there is any.
Hardly. Milken was sentenced to 10 and served 2. SBF will serve 7, at which point he'll still be under 40.
He won't be out for ~two decades.
Milken was released because Trump pardoned him, which I don't think says anything about how sentencing guidelines do or should work.
He was released after a sentence reduction for cooperation with prosecutors against others decades before the pardon. Both the release and pardon occurred, but the latter was not the reason for the former.
TIL, thank you! That makes me feel much better at what initially seemed like a slap on the wrist.
Honestly I think that would take LONGER than 50 years...
I think 25 is on the high end of a reasonable sentence. White collar crime in the US has been a slap on the wrist (if anything!) since Enron. It's time we fix that. People need to see personal consequences for such anti-social and destructive behavior. If you are a CEO, you should be afraid of profiting from the suffering of others.
You can’t ignore retribution and incapacitation. Focus solely on rehabilitation and people will take the law into their own hands while raging against the system when it comes to recividism.
We need to focus more on rehabilitation and restoration. But those can’t be exclusive of the other components of justice.