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Comment by arrowsmith | Hacker News Reader

You think so? 25 years seems quite reasonable to me. He stole billions of dollars.

Not to undermine what he did. The US prison system just seems very unproductive, put him in a factory for 20 of those years.

And then we will have people complaining about slavery...they already say that prison jobs pay below minimum wage so they are slavery.

I don't like the incentives that creates. Private prisons and the existing prison labor system are bad enough.

forced work for who breaks the law? you risk to fall in the "slavery with extra steps" situation

Slavery as a punishment for crime is explicitly authorized in the United States Constitution.

To piggy-back on this, not only is it explicitly authorized it's often expected.

Failure to voluntarily participate in a work-program is grounds for solitary confinement (which entails more penalties than just being by yourself).

federal prisons already require prisoners to work. We DO have slavery with extra steps

no, private prisons are productive?

Private prisons account for 8% of the total prison population.

The victims are going to get paid back (in 2022 crypto prices) due to the appreciation of FTX’s assets (crypto and Anthropic shares). So if someone lost a bitcoin when FTX collapsed (BTC was at $18k at the time) they will get more than $18k but not $70k which is today’s price.

If I had 1 Bitcoin in an FTX wallet, I'd like to have 1 Bitcoin back. Not whatever the value of Bitcoins is in Dollars.

If you wanted those kinds of banking protections, then you should have used a currency system that has those protections. Bitcoin is "easy" because it is unregulated, but the flip side of that is that you the consumer get no protection, and you shouldn't expect any.

This is pretty twisted. FTX can claim it made customers whole by benefiting from exactly the speculative gains that it prevented its customers from getting.

It’s certainly immoral but it’s the risk you take investing in an unregulated market. There are regulations to prevent exactly this when you invest in stocks or put your US dollars into a bank account.

That has zero to do with SBF's intention and should not be in any way a defense against the wrong perpetrated against them.

It could easily have crashed.

That it went in a direction that helps make his victims more whole is entirely happenstance and SBF should get ZERO credit or recognition for this aspect of restitution.

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