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WTF?! Sam Bankman-Fried was living the jet set in a personal rental property in the Bahamas, drinking on piña coladas, and rubbing elbows with stars and other billionaires. His legal representatives state bad old Sam was unpleasant that entire time. The courts need to take pity since he has a “condition” that no routine individual has actually become aware of that makes him incapable of delighting in anything. No. Actually. You can’t make this up. Continue reading.
Blockchain Bro and now founded guilty felon Sam Bankman-Fried pleads the court for grace as his sentencing methods. A jury discovered SBF guilty on 7 counts of scams and cash laundering last November after his shenanigans with financiers’ cash collapsed the FTX crypto-trading platform. The convictions might acquire over 100 years for the entrepreneur-turned-scam artist.
In the face of what total up to a life sentence, and with another trial on the docket for 5 more charges set up for late March, Bankman-Fried’s lawyers petitioned the judge for a minimized sentence of 63 to 78 months or approximately 5 to 7 years. His legal representatives paint a photo of a loveable near saint-of-a-man in their 98-page memorandum submitted on Tuesday.
“Sam is not the ‘wicked genius’ portrayed in the media or the greedy bad guy explained at trial,” the court file checks out. “He is a 31-year-old boy, sibling, pal, humanitarian, and benefactor … He does not utilize drugs, seldom beverages alcohol, and has actually never ever had any participation with the criminal justice system before this case.”
The memorandum likewise keeps that Bankman-Fried is innocent of all charges while concurrently acknowledging the discomfort he has actually triggered. Yes, we needed to check out that two times, too.
“Those who understand Sam likewise understand how deeply, deeply sorry he is for the discomfort he triggered over the last 2 years [page 11] … Sam acknowledges the jury’s service in this matter, he respectfully preserves his innocence, and he means to appeal his convictions [page 19]”
Bankman-Fried’s sentencing memorandum filing through CourtListener
The file checks out like a collection of every possible defense his legal representatives might think up, consisting of advocating compassion for SBF’s own suffering and mental disorder.
“Those who understand Sam are delicate to the terrible truth that absolutely nothing in life brings him genuine joy,” it specifies. “Sam struggles with anhedonia, an extreme condition defined by a near-complete lack of satisfaction, inspiration, and interest. He has actually been that method because youth.”
The memorandum begins the heels of a presentence examination report (PSR) from a probation officer recommending to sentence SBF to 100 years. Bankman-Fried’s attorneys called the suggestion “monstrous” since it was based upon victims losing $10 billion. The file competes that the victims will recuperate “a hundred cents on the dollar” from personal bankruptcy procedures. His legal representatives suggested that 100-year sentences need to be scheduled for the “abhorrent conduct” of terrorists and pedophiles, pointing out 2 federal cases versus al-Qaeda and a kid abuse/pornography case.
The PSR does not bring a great deal of weight. It’s simply an opposing voice bearing as much value as the character declarations sent on SBF’s behalf. More crucial are the district attorneys’ suggestions. They might look for the optimum charge of 110 years. Even still, the judge gets the last word after examining all post-conviction movements and declarations. The New York Times keeps in mind that legal professionals anticipate a sentence of in between 20 and 50 years with decreases enabled etiquette.
District attorneys have up until March 15 to send their suggestion, and the judge will render his choice on March 28, the day SBF’s 2nd trial begins.