sbf sentencing

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  • Опубликовано: 29 окт 2024

Комментарии • 1,5 тыс.

  • @the_newt_nest
    @the_newt_nest 7 месяцев назад +2220

    I'm autistic and I'm an accountant. Autism doesn't make you commit glaring financial errors. The opposite, if anything. Unless your special interest is doing crimes.

    • @Gerthious
      @Gerthious 7 месяцев назад +44

      😂

    • @marylouinprogress
      @marylouinprogress 7 месяцев назад +174

      As a matter of fact yeah my current hyperfixation is moral bankruptcy, how dare you police my neurodivergence like that /j

    • @january3rd293
      @january3rd293 7 месяцев назад +54

      Aah Sam's special interest was white collar crime! It all makes sense now

    • @MonochromeRed
      @MonochromeRed 7 месяцев назад +23

      Are you also secretly an assassin?

    • @DirkusTurkess
      @DirkusTurkess 7 месяцев назад +7

      Not with that attitude.

  • @namenl2205
    @namenl2205 7 месяцев назад +1119

    His parents walk away with no consequences , what a JOKE

    • @Nefville
      @Nefville 7 месяцев назад +74

      They should be in there with him for all 25 years of his sentence.

    • @GamersHolyArmy
      @GamersHolyArmy 7 месяцев назад +21

      What did they do?

    • @OGJeff685
      @OGJeff685 7 месяцев назад +107

      @@GamersHolyArmy Orchestrated the entire event.

    • @GamersHolyArmy
      @GamersHolyArmy 7 месяцев назад +26

      @@OGJeff685 I’ve seen nothing about that, is there a source for this?

    • @boccobadz
      @boccobadz 7 месяцев назад +128

      ​@@GamersHolyArmyThey knew about everything and heavily profited from his crimes.

  • @4ac112
    @4ac112 7 месяцев назад +2278

    25 Years in prison is damn good, but I’d be lying if I said I wasn’t hoping for even more. Still a great thing that real punishment is being meted out.

    • @aggressivesheep7469
      @aggressivesheep7469 7 месяцев назад +25

      my thoughts precisely

    • @Joe90h
      @Joe90h 7 месяцев назад +81

      Realisitically he'll be out in under fifteen...

    • @sunbleachedangel
      @sunbleachedangel 7 месяцев назад +9

      I just hope people get paid back in at least some capacity, maybe

    • @natas6307
      @natas6307 7 месяцев назад +51

      ​@@Joe90hno federal prison he will do almost all of it

    • @D2attemp
      @D2attemp 7 месяцев назад

      @@natas6307 why is that, don't normally white collar criminals get let out early for good behavior

  • @JuliaJulia-vh4xc
    @JuliaJulia-vh4xc 7 месяцев назад +1474

    As someone with autism, autism is not an excuse to commit financial fraud and ruin the lives of thousands if not millions
    Edit: oh damn this blew up uhhh SBF donate 8 billion to the Autism Self Advocacy Network challenge (impossible (he’s in jail))

    • @Ross516
      @Ross516 7 месяцев назад +138

      Yeah I'm just saying, I have autism and I've never stolen 8 billion dollars

    • @Chordata7
      @Chordata7 7 месяцев назад

      Unfortunately you can get away with murder if diagnosed with autism. So sam getting 25 is unsurprising.

    • @fenner1122
      @fenner1122 7 месяцев назад +6

      💯. Like even if people get made hole, being forced to take a loan you don’t want is scummy

    • @gigitrix
      @gigitrix 7 месяцев назад +64

      Yeah it's pretty disgusting to see him and his team try to lean on neurodivergence, that doesn't in any way kill your sense of morality and in my experience if anything you are hyper-vigilant of your impact on others

    • @marthastewwart
      @marthastewwart 7 месяцев назад +5

      ​@@Ross516​Kinda dumb thing to say imo...Thats because, you have never had a SINGLE OPPORTUNITY to steal $ 8 billion dollars.
      Like, you've never even had an opportunity to steal just $ 1 million dollars.
      I'd bet my ENTIRE left leg with 100% confidence that you'd fully cave in and steal 50$k if you thought you were gonna get away with it.
      GTFO of here with you're pretending that you wouldn't snag $ 8 billion dollars, if there was somehow an opportunity to do so. Both you AND the o.p are straight-up lying if you're gonna try to claim that you wouldn't.

  • @TheXinumacretes
    @TheXinumacretes 7 месяцев назад +455

    Just a reminder that there were people who took their lives following FTXs collapse.

    • @conormurphy4328
      @conormurphy4328 7 месяцев назад +24

      People take their lives over frivolous shit. Just like people are “saved” by frivolous shit.

    • @samuhlm2
      @samuhlm2 7 месяцев назад +9

      Can’t recall a single one who did bc of ftx and they’d be quite dumb bc all individuals were able to immediately pull their funds. Ppl like you who say this stuff always have zero involvement with the case. You prolly never have owned crypto, def never used ftx, you just want to voice your radical opinion that you feel so smart saying

    • @Colddirector
      @Colddirector 7 месяцев назад +148

      ​@@samuhlm2 That you seriously think you can't feel bad for people hurt by this if you're not personally involved says volumes more about you than anybody else.

    • @shakes5847
      @shakes5847 7 месяцев назад +21

      @@Colddirector Daaaaaaaaaamn. Get im!

    • @TheNewMediaoftheDawn
      @TheNewMediaoftheDawn 7 месяцев назад +6

      That’s terrible if true, and I would never want anyone to do that. Not blaming the victim, but don’t invest what you can’t afford to lose and diversify your portfolio, is the best path to investing. A good rule to follow, but things can still go bad…

  • @heavenwaits
    @heavenwaits 7 месяцев назад +524

    i’m autistic and it really disgusts me when people try to use it as a defense, being autistic doesn’t mean you can’t differentiate right from wrong especially when you’re as independent as a self-proclaimed genius like sam obviously is

    • @alphakevin687
      @alphakevin687 7 месяцев назад +46

      Don't forget that he claimed to be a fucking _altruist_. How can the same person then claim that they were confused about how their actions impact others?

    • @SliceyMcHackHack
      @SliceyMcHackHack 7 месяцев назад +13

      Absolutely agree.. Its an insane take, that honestly doesn't really make sense..

    • @marylouinprogress
      @marylouinprogress 7 месяцев назад +18

      Yeah I'm also autistic and it's such a what the fuck. Is it a good explanation for why I listened to my favorite album like 100 times last year? Yes. Is it a good explanation for being morally bankrupt as a human being? *Shockingly* no it has fucking nothing to do with that >:(

    • @SuperLifestream
      @SuperLifestream 7 месяцев назад +3

      Would be even more of a laugh if people weren't using autism as their whole personality. (Autistic person vs a person with autism)

    • @kwisatzhaderach1458
      @kwisatzhaderach1458 7 месяцев назад

      Most autistic people don't understand they are autistic and rarely claim to be autistic. See "I have ADHD" over representation.

  • @kaik168
    @kaik168 7 месяцев назад +668

    I saw in an article that Sam Bankman-Fried has apparently figured out that since cigarettes have been banned in jail, the primary currency is apparently salted mackerel.

    • @Leroy754
      @Leroy754 7 месяцев назад +47

      He ain't gonna last long, is he?

    • @wilfredocaban3542
      @wilfredocaban3542 7 месяцев назад +9

      Jack Mack it is so good 😂

    • @aberwood
      @aberwood 7 месяцев назад +97

      ​@@Leroy754 Yeah prison is super hard for highly connected rich guys

    • @Leroy754
      @Leroy754 7 месяцев назад +38

      @@aberwood You know what, that's fair. But we've seen how incompetent Sam is, I'm sure he'll fuck it up someway or another.

    • @interestedinbread3634
      @interestedinbread3634 7 месяцев назад +7

      Why is this so funny 😂

  • @ryanwechta4120
    @ryanwechta4120 7 месяцев назад +125

    sbf's idea on how to pay everyone back: "What if we started, hear me out, a crypto currency exchange!?"

    • @XiaoFury
      @XiaoFury 7 месяцев назад +6

      Judge - you want 25 more years in prison?

    • @antara-prabhat
      @antara-prabhat 7 месяцев назад +3

      😂

  • @tavarusbenton5291
    @tavarusbenton5291 7 месяцев назад +783

    25 for stealing 8 billion dollars

    • @Mighty_Atheismo
      @Mighty_Atheismo 7 месяцев назад +182

      Coulda gotten life if he had stolen $11 while black

    • @LDAR1003
      @LDAR1003 7 месяцев назад +58

      @@Mighty_Atheismo lol maybe in 1990...

    • @nhanon67as
      @nhanon67as 7 месяцев назад +24

      @@Mighty_Atheismowhat?? Not around my parts

    • @Jmonkeh
      @Jmonkeh 7 месяцев назад +56

      Arguably it's gonna be most of the best years of his life. Going in in your 20s and coming out in your 50s is rough. It's a pretty severe punishment for a white collar crime. 🤷

    • @Midg-td3ty
      @Midg-td3ty 7 месяцев назад +8

      he didnt actually get those 8 billion. he made investments with them that turn out to be worth more than 8 billion. he actually produced money

  • @Chiefs_fan1595
    @Chiefs_fan1595 7 месяцев назад +240

    Judge kind of split the baby. Prosecutors were asking for 50, probation office was asking for 100, defense lawyers asked for 6.5. 25 is a fair sentence, I don’t think the appeal will work out to lower the sentence. Nice work Judge Kaplan

    • @carlireland5049
      @carlireland5049 7 месяцев назад +10

      Is he even going to appeal the decision? Because I think that will almost certainly give him a longer sentence for a number of reasons.

    • @MVargic
      @MVargic 7 месяцев назад

      This means he goes free in less than 10 years. Its a f-ing joke, Bernie Madoff got 150 years and hurt a lot less people.

    • @TheOrionStar
      @TheOrionStar 7 месяцев назад +4

      @@carlireland5049 why would that be?

    • @terrylouis9183
      @terrylouis9183 7 месяцев назад +19

      ​@@carlireland5049never heard of an appeal resulting in a longer sentence. That's like appealing a life sentence resulting in a death sentence..

    • @carlireland5049
      @carlireland5049 7 месяцев назад +5

      @@TheOrionStar Because if the creditors don’t get their money back, the court has less reason to be lenient with him. Also because public pressure on the appeals judge will grow. I think best-case scenario the appeal just confirms his previous sentence.

  • @juances
    @juances 7 месяцев назад +51

    The whole "we will pay back the creditors" argument was silly. The judge has to base the sentence on current facts, not on something that probably may or may not happen in the future because it could easily be a bait and switch and I think the 25 years sentence was chosen with that in mind. If everyone does get paid eventually then he can use that as an argument to go on parole 2-3 years earlier maybe, but that will only happen after the payments are confirmed.

    • @RenegadeVile
      @RenegadeVile 7 месяцев назад +2

      Indeed. And no one has any reason to believe that everyone will actually get their money back. These things are completely unpredictable even if they're being earnest.

  • @nerol9929
    @nerol9929 7 месяцев назад +241

    Now let's get the politicians that accepted SAMs money. Oh wait we aren't suppose to remember he basically bribed politicians off the books.

    • @fenner1122
      @fenner1122 7 месяцев назад +3

      💯 😂

    • @anachronismic
      @anachronismic 7 месяцев назад +22

      I mean on the books, that's how we know it happened lol

    • @Avendesora
      @Avendesora 7 месяцев назад +2

      @@anachronismic​​⁠ He was smart enough to donate to the right off the books

    • @conormurphy4328
      @conormurphy4328 7 месяцев назад +25

      I think Americans call that “lobbying”

    • @kenji6492
      @kenji6492 7 месяцев назад +4

      @@conormurphy4328unfortunately lobbying was seen as a virtue by the founding fathers. Good luck trying to put Ben Franklin on the stand.

  • @toufusoup
    @toufusoup 7 месяцев назад +129

    Can’t believe all that SBF stuff happened a year ago and the visit to the trial was just 8 months ago. Time sure flies

  • @Nefville
    @Nefville 7 месяцев назад +88

    His parents not being thrown in jail with him is a huge miscarriage of justice. And this is not hyperbole, I literally cannot think of two people more aptly described by "should have known better". 25 for him is fair but 0 for his parents is outrageous.

    • @ronald3836
      @ronald3836 7 месяцев назад +11

      The parents haven't been charged. Yet.

    • @protoman1214
      @protoman1214 7 месяцев назад +3

      Aren't they both like ethics or financial lawyers???

    • @liarwithagun
      @liarwithagun 7 месяцев назад +6

      @@protoman1214 Yes. They also were heavily involved in the company, but in a distanced/indirect way that suggests they knew he was doing super illegal things and wants to cover their own butts. They also got millions in cash and property from SBF as well. They basically sold their son down the river for money. Just shows they all were always PoS. Not that surprising for people involved in the high-level business world.

    • @MacabreMarauder
      @MacabreMarauder 6 месяцев назад +2

      ​​@@protoman1214 Compliance Lawyers I believe (the irony)

  • @Returnality
    @Returnality 7 месяцев назад +42

    If we all make it 25 years from now, we're gonna hear "Sam Bankman-Fried let out of prison" and it's gonna be a wave of nostalgia.

    • @FriskyKitsune
      @FriskyKitsune 7 месяцев назад +17

      With the headline "Sam Bankman *freed*"

    • @deltalima6703
      @deltalima6703 7 месяцев назад +4

      "Sam shankman fried" if those investors get to him.

    • @ButteredToits-
      @ButteredToits- 7 месяцев назад

      Yeah lets come back in 25 years to this comment thread lol

  • @GUIDESPERSPECTIVE
    @GUIDESPERSPECTIVE 7 месяцев назад +7

    The real Elephant in the room got pushed under the rug and no one is talking about it.
    I hate what about arguments, but here we go.
    What about the fact that the DOJ dropped the charges for the campaign donations to so many politicians. Why have we not seen any of the communication documents and discussions that took place multiple times between SBF and Gary Gensler?
    Sam's mother is in charge of a super pac with friends in high places, so who is protecting who? There are so many dominos that need to fall if we truly are a nation of justice where the law applies to anybody and everybody.
    Still some seriously stinky fish in the room that needs to be addressed.

  • @LTAStahly
    @LTAStahly 7 месяцев назад +120

    STRAIGHT TO JAIL

    • @DankMemeStonks
      @DankMemeStonks 7 месяцев назад +2

      *Prison, being imprisoned for more than a year is prison. Less than a year is jail

    • @Tigermoto
      @Tigermoto 7 месяцев назад +6

      @@DankMemeStonks For someone with meme in his name, you missed the Parks and Rec meme...

    • @LTAStahly
      @LTAStahly 7 месяцев назад +2

      @@Tigermoto ❤️

    • @arghpee
      @arghpee 7 месяцев назад

      @@DankMemeStonksdumb dumb

    • @DankMemeStonks
      @DankMemeStonks 7 месяцев назад

      @@Tigermoto I got the reference, but still ain’t jail is it?

  • @diarawisteria2218
    @diarawisteria2218 7 месяцев назад +36

    As long as he doesn't get out early, twenty-five years is a great sentencing. I would have preferred 30-35 years, but that's off of like. How I feel, not the law.

    • @rebralhunter6069
      @rebralhunter6069 7 месяцев назад +4

      ​@leanja6926federal prison doesn't do parole anymore. Good credit is only 15% per year. So he's doing 21 years

    • @damianplasencia2708
      @damianplasencia2708 7 месяцев назад

      @@rebralhunter6069 he can get 1yr knocked off for every 3 years he does (or something like that, cant recall exact numbers but basically he'll be able to get out in 14 yrs if he keeps his head down, goes to classes and other stuff)

    • @rebralhunter6069
      @rebralhunter6069 7 месяцев назад +1

      @@damianplasencia2708 you're correct with the principal but the numbers are off. Federally good conduct time is 54 days per 1 year. He could potentially get *up to* one additional year off if he attends the RDAP, a drug/alcohol program.

    • @damianplasencia2708
      @damianplasencia2708 7 месяцев назад

      @@rebralhunter6069 i know about RDAP, i wasnt taking that into account...there is another program or guideline that shaves off years for every "X" amount of years you do (and yes this is for the feds, not state time)

    • @rebralhunter6069
      @rebralhunter6069 7 месяцев назад

      @@damianplasencia2708 do you remember the programs name? I'm only familiar with the drug/alcohol program and the standard good conduct time. I'm assuming its a bit of a newer program in the last few years mayhaps?

  • @JackPitmanNica
    @JackPitmanNica 7 месяцев назад +46

    Voidzilla feels pure and raw

    • @cuthip
      @cuthip 7 месяцев назад +9

      $10 million wasted on a studio. Smh my head.

    • @chuck600
      @chuck600 7 месяцев назад +1

      How?

    • @JackPitmanNica
      @JackPitmanNica 7 месяцев назад +6

      @@chuck600 Before, coffee would take months to work on a video. Now, he feels "unleashed" and has an audience who will listen to him; so he can make videos like this, as soon as things happen. I would imagine, for him, that is a total game changer.

    • @kwisatzhaderach1458
      @kwisatzhaderach1458 7 месяцев назад +1

      @@JackPitmanNica Not exactly. The ROI for his over produced videos was lessening each month. This is why other channels like MeatCanyon have pivoted to this reactionary easy SSSniperwolf content...The bills don't pay themselves and watch time is KING.

    • @JackPitmanNica
      @JackPitmanNica 7 месяцев назад +2

      @@kwisatzhaderach1458 Maybe im a fool but I like to believe some people also just have fun making content. I get the impression coffee has more fun being able to react in videos than having to make everything an epic project

  • @beckenhamboy1995
    @beckenhamboy1995 7 месяцев назад +9

    Justice is served but what makes me sad is this.
    SBF is not going to jail for betraying regular hardworking people who invested in his products out of hope for a better life for their families,
    He is going to jail because he cost billionaire hedge fund managers their investments.
    If he just ripped us off....he would have gotten away with it

  • @donreef2466
    @donreef2466 7 месяцев назад +33

    He took more then Bernie Madoff and got less then half of Bernie time

    • @DDanV
      @DDanV 7 месяцев назад

      A third of what Bernie got, with the very distinct difference that Bernie acknowledged his guilty as soon as his scheme went bust, SBF and his lawyers can’t even do that after being found guilty by a tribunal.

    • @brok3lectricdreams916
      @brok3lectricdreams916 5 месяцев назад

      I think people wanted Madoff gone

  • @gordons-alive4940
    @gordons-alive4940 7 месяцев назад +37

    Great points as always.
    Also, his customers took on risk they hadn't signed up for, and were put through a lot of stress and pain.

    • @treyquattro
      @treyquattro 7 месяцев назад

      crypto is an unregulated wild west. People knew the risks they were taking.

    • @DDanV
      @DDanV 7 месяцев назад +1

      Wasn’t only his customers, FTX sponsored lots of events and organizations that since they were fully funded didn’t went on searching more sponsors actively, and when FTX went belly up not only FTX rescinded those sponsors leaving those sponsored in a very precarious situation (some simply went bankrupt), but FTX even tried to get back the money they had already given as sponsorship… SBF crimes affected so much more than FTX customers, the customers are merely the tip of the iceberg of damage SBF caused.

    • @treyquattro
      @treyquattro 7 месяцев назад

      @@DDanV it was receivers/administrators who attempted to claw back payments after FTX went bankrupt, on the premise that FTX was already bankrupt at the time those contracts were entered into. They didn't manage to claw back very much of the money Sam paid out at all, but they did manage to recover some money lost to fraud and criminal activity by third parties.

  • @hugoedelarosa
    @hugoedelarosa 7 месяцев назад +7

    25 years and will serve about 21. That seems harsh enough. I read somewhere he's tutoring people who are studying for their GEDs. I hope he uses his time to become a better man.

  • @khm6585
    @khm6585 7 месяцев назад +66

    I bet he going to serve like 5-10 years of that 25 years sentence and spend the rest in house arrest. Rich people never serve full prison sentence.

    • @hero3717
      @hero3717 7 месяцев назад +20

      Federal time is minumum 85% of the sentence. However, there is a multi-tiered justice system, so I can't even say that you'll be wrong.

    • @edwardscott3262
      @edwardscott3262 7 месяцев назад

      Federal prison camps and the like are America's dirty little secret.
      The place Anthony Weiner was sent had instructions for sending inmates freight. There's people who can't send their loved ones packages in this country but in posh federal prisons for the upper class they can receive freight. Because apparently it's common enough to send inmates there things too big to mail.
      Some of the federal prison camps for the upper crust would shock you. Some allow inmates to leave to work or "volunteer" nearby.
      SBF if he has the money and power still could pay someone to start a "charity" that just happens to have an office right near where he's held. He can go "volunteer" every day and sit in a big office in the back. Play on computers and eat takeout. And do it all using stolen money.
      Since crooks like him love to make it obvious if he gets the chance to do this I'm sure the "charity" that totally isn't under his control will be for people with Autism.
      People like him often rarely serve their full sentences either. There's always some bullshit excuse for why they need to get out of their adult summer camp early.

    • @JapaneseAmericanaJiuJitsu
      @JapaneseAmericanaJiuJitsu 7 месяцев назад +14

      lol look at Elizabeth Holmes she’s pretty much spending time in a therapy facility with barbed wire fencing. Cozy? No. But is it prison? Far from it.

  • @Forestdude9000
    @Forestdude9000 7 месяцев назад +16

    SBF went from beloved to unloved and our favorite Internet detective went from Coffee to Void.

    • @Colddirector
      @Colddirector 7 месяцев назад +8

      I really don't think anybody outside the crypto people loved SBF though. Dude was as shady as the day was long

    • @thebiggesthatersinworld
      @thebiggesthatersinworld 7 месяцев назад

      " beloved " ? It was the media who kissed his ass

  • @Sound557
    @Sound557 7 месяцев назад +15

    I hope that in future economics and ethics textbooks they mention Coffee in the section on SBF

    • @ob0074
      @ob0074 7 месяцев назад

      Why would they he’s a reporter

  • @madmyc6836
    @madmyc6836 7 месяцев назад +77

    I got sentenced to 5 years for having weed and mushrooms in my car. They literally grow out of the ground. But I still got 5 years. SBF stole billions of dollars from peoples investments. It’s akin to taking someone’s money on the promise that you would use it to buy stocks and bonds and instead you go to the casino and blow the money. 25 years is a very light sentence.

    • @enzoinfinity1
      @enzoinfinity1 7 месяцев назад +10

      5 years for that is crazy

    • @madmyc6836
      @madmyc6836 7 месяцев назад +15

      @@enzoinfinity1 I did have quite a lot. But yeah I agree. One day in jail for possessing any drug is excessive in my opinion.

    • @drakonyanazkar
      @drakonyanazkar 7 месяцев назад +2

      @@PeripheralVisionary. yeah, I'm appreciative of madmyc's comment, but I was going to point out what you just said. I'm not a 'murican, tho

    • @ToyotaSPRINTERTRUENO1986kouki
      @ToyotaSPRINTERTRUENO1986kouki 7 месяцев назад +7

      @@madmyc6836No it isn't if you're carrying dealer amounts.

    • @conormurphy4328
      @conormurphy4328 7 месяцев назад +3

      It’s funny that in your mind stocks and bonds are differentiated from a casino.

  • @buruzn09
    @buruzn09 7 месяцев назад +18

    Considering SBF’s lack of criminal history, his age, and the usual discount on white collar crimes, 25 is damned good imo.

    • @Reutzel507
      @Reutzel507 7 месяцев назад

      Ok arm chair lawyer. Who cares.

    • @jeffn9952
      @jeffn9952 7 месяцев назад +1

      Yep, not too bad. And that's not the end of it for him, of course. He's ruined and a target of disdain for life.

    • @buruzn09
      @buruzn09 6 месяцев назад +3

      @@Reutzel507 not JUST an armchair lawyer. Actual lawyer. Cheers.

    • @Reutzel507
      @Reutzel507 6 месяцев назад

      @@buruzn09 I doubt it. What's your license number?

  • @RLBM89
    @RLBM89 7 месяцев назад +6

    There will be a struggle to make sure he doesn't become Jordan Belfort. That man has made millions on his book, speaking engagements, and the movie they made about him. Society willingly gave him his money back. Don't do the same with SBF!

  • @4RILDIGITAL
    @4RILDIGITAL 7 месяцев назад +1

    This saga indeed serves as a cautionary tale for financial industry and the sentence was a wake up call for many. It will be interesting to see how the crypto market faces these regulatory hurdles in future.

  • @kieranelliott5607
    @kieranelliott5607 7 месяцев назад +13

    25 years is probably fair, though given the judge's comments about never seeing a performance like SBF's on the stand, he might still consider himself lucky it was only 25.

    • @MVargic
      @MVargic 7 месяцев назад

      This means he goes free in less than 10 years. Its a f-ing joke, Bernie Madoff got 150 years and hurt a lot less people.

  • @mayna2083
    @mayna2083 7 месяцев назад +9

    i think the cruel reality is this incident was a driving force in a number of people taking their own lives, and you can't pay that back, 25 years is too short but im not sure if there's any punishment that could fit this crime. society should be punished for letting things like this happen.

  • @nothing4mepls973
    @nothing4mepls973 7 месяцев назад +4

    Just a little tip for ya - most people never ever do the full time. Between parole and commutation, only poor men do the full bid. The more points in someone's favor, the less time overall. SBF is connected, young, first time offender, good lawyers and the right kind of last name. I give him 12 years maximum.

    • @brunozachary
      @brunozachary 6 месяцев назад

      Agree plus with the huge donations to the Dems will insure he won’t do the full time.

  • @dragons_advocate
    @dragons_advocate 7 месяцев назад +4

    Thank you for your contributions to this result, Cofffee!

    • @jeffn9952
      @jeffn9952 7 месяцев назад

      Damn right. Also, thanks for warning everyone to stay away from this scam.

  • @SmilingBlini-to5yy
    @SmilingBlini-to5yy 7 месяцев назад +16

    Do people realise he will serve about half of the 25 years? He will be out in his mid 40's and extremely rich. His Parents have not had to give back any of the money they were given.

    • @jamesrule1338
      @jamesrule1338 7 месяцев назад +2

      All federal inmates serving sentences of more than 12 months except those serving imprisonment for life are eligible for a “good conduct time” reduction of 15%, resulting in the service of 85% of the sentence, exclusive of community confinement placement and other means of early release. - Joshua Sabert Lowther, Esq., Atlanta, GA.

    • @thepapschmearmd
      @thepapschmearmd 3 месяца назад

      The parents thing is fucked but he’ll serve at least 21 years.

  • @96ej
    @96ej 7 месяцев назад +8

    20 years for the haircut
    5 years for fraud

  • @publicspeaker4009
    @publicspeaker4009 7 месяцев назад +17

    Instantly clicked this video, as usual.

  • @zoranagavrilovic9403
    @zoranagavrilovic9403 7 месяцев назад +8

    I love the judge's analysis of SBF's personality. So smart and observant

  • @ItsShiggy
    @ItsShiggy 7 месяцев назад +15

    As long as he serves his full 25. What are the chances SBF gets out early?

    • @axis1247
      @axis1247 7 месяцев назад +11

      With Federal Prison its a little different than normal. There's no parole and you have to serve at least 85% of the sentence. So if he DOES get out early itll be after 15-20 years regardless of anything

    • @jeremydale4548
      @jeremydale4548 7 месяцев назад

      @@axis1247 He SHOULDN'T get out early. He should be serving the maximum sentence. We need to send the message to all these pathetic scammers that we won't tolerate it

    • @weekendintokyo
      @weekendintokyo 7 месяцев назад

      how is 85% of 25years end up at 15-20 years? the math doesn't math; 85% of 25 years would be 21.25years or 21years and 3months.@@axis1247

  • @bitcoinbeavis7742
    @bitcoinbeavis7742 7 месяцев назад +1

    He should have gotten 100 years. Bernie Madoff got way more. SBF should be punished to the extent of the harm he caused. It was a lot of harm to a lot of people.

  • @felixmonroe2295
    @felixmonroe2295 7 месяцев назад +6

    Yeah I'm not sure he got any favors from having all this rich friends writing letters of support to the judge. A lawyer friend of mine said she hardly ever recommends that unless you have a messed up background, bc ultimately it just annoys the judge and they're the ones doing the sentencing, so it's really best to not have anyone more than maybe your parents or significant other. I think of Moneyball Man talking him up and hearing that someone I respected was all-in on SBF made me really think about how crafty he is at getting even cynical people to believe his PR. Proud of you coffee for helping blow this story up!

  • @gslavik
    @gslavik 7 месяцев назад +5

    It's 25 years in PRISON. Jail is where you go before you are convicted or for short term sentences. Prison is for long term sentences.

  • @donniedarko6478
    @donniedarko6478 7 месяцев назад +7

    Coffee, make that documentary about Samy Boy’s full story, pump it up, sell it to nflx, get rich, retire on a small island and send me a coffee afterwards! You’re welcome!

  • @tomservo_
    @tomservo_ 7 месяцев назад +21

    Coffee is truly a detective of our time!

  • @joeyoung7446
    @joeyoung7446 7 месяцев назад +9

    Voidzilla gets the honour of covering the SBF sentencing... Huge. Voidzilla's being working hard and deserves all the success.

  • @jeremydale4548
    @jeremydale4548 7 месяцев назад +4

    He deserves the MAX sentencing.
    Also, there should be no sentence reduction for good behavior. He really should be in jail for the rest of his life.

  • @muffinman1
    @muffinman1 7 месяцев назад +3

    He will walk out on "good behavior". Don't forget his campaign donations.

    • @llewelynshingler2173
      @llewelynshingler2173 7 месяцев назад

      Should this happen, the Republicans and Democrats will loudly accuse each other of corruption

  • @unit38421
    @unit38421 7 месяцев назад +7

    I'm fine with SBF getting reduced sentincing for reimbursing all of their customers... once they have been reimbursed.

    • @yukiokuma8983
      @yukiokuma8983 7 месяцев назад +3

      Paying them back is the bare minimum. Why tf would we reward him for thay???

    • @unit38421
      @unit38421 7 месяцев назад +1

      @@yukiokuma8983 To get him an incentive to pay it back. Besides, my point was simply that it would be incredibly to reduce his sentence _before_ they have made good on their promise.

    • @yukiokuma8983
      @yukiokuma8983 7 месяцев назад

      @unit38421 incentive?? We shouldn't be giving him any chances to do the right thing cause he already proved he cant. Hence why he's going to jail for 25 years...

  • @adamblack_forex
    @adamblack_forex 7 месяцев назад +20

    25 years 🎉

  • @computergeek8299
    @computergeek8299 7 месяцев назад +2

    "Hello! Welcome back t- VOID ZILLA- " XD. As a video editor, I both feel the pain and find this absolutely hilarious.

  • @11bornrich
    @11bornrich 7 месяцев назад +7

    He won't do the full thing, he'll either appeal and get a lesser sentence or they'll say years from now he co-operated with something else which was key and that will be their excuse for letting him out early. 9/10 these types of guys never do the full thing lol

  • @wombatZ
    @wombatZ 7 месяцев назад +1

    Caroline Ellison, Gary Wang, Nishad Singh and Adam Yedidia deserve at least 10 years in prison as well.
    Now everyone will see Sam as the scapegoat, but all of them did their part...

  • @JIWC
    @JIWC 7 месяцев назад +12

    Guess those political contributions really paid off!

    • @treyquattro
      @treyquattro 7 месяцев назад +5

      they were made to both parties, so canceled out

    • @Colddirector
      @Colddirector 7 месяцев назад +1

      @@treyquattro Also literally *everybody* hates this guy now. The crypto people hate him for making crypto look worse, the non-crypto people hate him for what he did. Homey's run out of friends, so there's not much clamoring for him to get off.

    • @zoranagavrilovic9403
      @zoranagavrilovic9403 7 месяцев назад

      Underrated comment

  • @SuperCrazyEstonian
    @SuperCrazyEstonian 7 месяцев назад +1

    "first time offender"
    He should spend the rest of his life behind bars. Frauds like that have no place in society.

  • @skeletaltrees
    @skeletaltrees 7 месяцев назад +28

    coffee smoking that sam pack

    • @stagenine4702
      @stagenine4702 7 месяцев назад

      rest in piss bozo #PACKWATCH

  • @kerstin3267
    @kerstin3267 7 месяцев назад

    Really appreciate your smart and insightful reporting on this.

  • @aok2075
    @aok2075 7 месяцев назад +4

    The real fraud is Coffee forgetting to say ‘Voidzilla’ and then dubbing it over expecting his innocent fans not to notice.

  • @Julzableful
    @Julzableful 7 месяцев назад

    Congrats on all of your investigation, interrogation and reporting throughout this saga, coffee 👏👏👏

  • @LarsRR
    @LarsRR 7 месяцев назад +3

    In 2049 we‘ll see Sam Bankman *freed*

  • @placefantasy1821
    @placefantasy1821 7 месяцев назад +2

    Honestly, 25 years is much more than I expected him to get. Like I was hoping for as much as possible, but I wasn’t expecting anything to actually be done about his sentence. I was expecting the same rich person sentencing where he gets like 2 years max with like a bunch of money to be paid.

  • @maverickfalcon4856
    @maverickfalcon4856 7 месяцев назад +7

    Finally lock him up

  • @durchfaII
    @durchfaII 7 месяцев назад +2

    If you ask me, 25 years with the possibility of parole is way too linient.

    • @yute
      @yute 7 месяцев назад

      I know right?

  • @jadedcrusader1767
    @jadedcrusader1767 7 месяцев назад +3

    25 years sounds too small for how many lives he ruined... but think of it like this, that is up to 25 years he can't earn money, have a family, enjoy the high and suffer the lows in life. All he has to look forward to is 25 years in a cell (as long as nothing happens), then he will be in his 50s and looking for a way to sustain himself for not only the immediate future, but on how he will be able to retire, especially when a lot of people will not hire him because how high-profile his case was. I know if I walked into a bank and found out he was a manager, my money would not be staying in that company.

    • @jamesrule1338
      @jamesrule1338 7 месяцев назад +2

      Some of the best years of my life were between my early 30s to early 40s. SBF, a man use to wealth and comfort, will be spending those years in a concrete box. Maybe it's not enough, but it's not nothing.

    • @jadedcrusader1767
      @jadedcrusader1767 7 месяцев назад +2

      @@jamesrule1338 exactly

    • @Npyne
      @Npyne 7 месяцев назад +1

      It's nice that you think he'll have to serve his whole sentence. I'm almost 100% certain he'll be let out long before 25 years are up. Nevermind the fact his parents seem to have money.
      Not saying it will all be sunshine and rainbows when he's released, but it won't be anything close to what a regular person faces when they're released.

  • @cradleofgoth
    @cradleofgoth 7 месяцев назад +2

    SBF getting less jail time than Ross Ulbricht is ridiculous

  • @koolkayn
    @koolkayn 7 месяцев назад +4

    "It's not a crime because people didn't lose money" My brother in Christ the crime is not that you lost people's money, they found out about your crime BECAUSE you lost their money 😥

  • @theRealSlimGordon
    @theRealSlimGordon 7 месяцев назад +1

    I was just wondering when the sentencing was gonna come out, since it was going to be in March. Even rewatched your video, so this is just the cherry on top!

  • @codysmith8639
    @codysmith8639 7 месяцев назад +4

    Was wondering when you would post this one. I still believe he needs a longer sentence.

  • @elitedood12
    @elitedood12 7 месяцев назад +2

    Heard it on the radio and came strait here. Had to see the smile on your face bro

  • @PitterPatter20
    @PitterPatter20 7 месяцев назад +5

    25 years is pretty light imo. That the kind of time you should do if you commit fraud in the 8-9 digit range. This guy was in charge of billions. He shouldn't get out until he's an old man.

  • @evapawlowska
    @evapawlowska 7 месяцев назад

    Today, my faith in Justice is renewed :) Thank you sir.

  • @kdeas10
    @kdeas10 7 месяцев назад +3

    I still find it DEEPLY hilarious that if sam held out just a little bit longer crypto would of rebounded enough for him to comfortably continue his scam. Glad karma said no to thay😂

    • @HelloYersoGae
      @HelloYersoGae 7 месяцев назад

      I hate that so many regular every day people has to lose their life savings to get this one guy

  • @JayOnThisDay
    @JayOnThisDay 7 месяцев назад +1

    Im glad i never was a goof and invested in FTX, i did my research and chose a better platform

  • @tinhornname4117
    @tinhornname4117 7 месяцев назад +5

    Tbf, I’m pretty sure mumsie and dadsie are gonna be able to pull some strings to get their precious little SBF either out of Gen pop or out of jail altogether

  • @realGBx64
    @realGBx64 6 месяцев назад +1

    It would be great if you talked to that dude from the Effective Altruism community whose name I can’t remember but has been on Sam Harris’s podcast and who can’t believe that Sam really wanted to defraud his customers

  • @SmoltingWassie
    @SmoltingWassie 7 месяцев назад +6

    I don’t think SBF would have ever been caught if it wasn’t for Coffeezilla. Thank you, Coffee ❤

  • @cristinapiccoli3058
    @cristinapiccoli3058 6 месяцев назад +1

    He will be out on parole after barely doing 1/3 of the sentence...if not less.

  • @TiesOfZip
    @TiesOfZip 7 месяцев назад +5

    I think 25 years is pretty damn solid. Admittedly he’ll probably be out long before that, but it sends a message, and that’s the point

    • @walkingtalking123
      @walkingtalking123 7 месяцев назад

      Doesn't send a message if he only serves a small amount of that 25 year sentence

  • @LaZieGoblin
    @LaZieGoblin 7 месяцев назад +2

    Now we need at least the same for Alex Mashinsky

  • @LimitlessYT10
    @LimitlessYT10 7 месяцев назад +3

    I pretty much knew he wasn’t getting 110 but 25 not bad but should have at least got 40-45🤷🏽‍♂️cause he definitely probably not gonna have to do the whole 25 maybe 10-15 then he might get out🤷🏽‍♂️

  • @RustyBeez
    @RustyBeez 7 месяцев назад

    I would be hard-pressed to find anyone who wouldn't agree that if it weren't for @Coffeezilla this all might've not happened AT ALL.
    Good on you Coffeezilla 👏 ❤ 👍

  • @Atlantion
    @Atlantion 7 месяцев назад +3

    Should've got life without parole!

  • @DSI990
    @DSI990 7 месяцев назад +1

    Creditors being paid in dollars does not account for the fact that the crypto assets themselves were stolen. Replace what the assets would be worth today using his own money or put sbf under the prison. He will be out in 10 years probably 8

  • @will.davlin
    @will.davlin 7 месяцев назад +15

    Wool socks to bed = life changing sleep ⚪

  • @LokiBeckonswow
    @LokiBeckonswow 7 месяцев назад +1

    coffeezilla's coverage of this story has been nothing short of heroic, we really need independent journalists like this atm, now if only he would turn his mind to the epstein case

    • @alex_squeezebox
      @alex_squeezebox 7 месяцев назад

      I think he wants to stay alive...

    • @eazyz2267
      @eazyz2267 7 месяцев назад

      @@alex_squeezebox Lol he should cover Zionism

  • @elninomelosso5027
    @elninomelosso5027 7 месяцев назад +4

    Sad sentence. He deserves at least 50 years!

  • @kramareva7446
    @kramareva7446 7 месяцев назад

    It's FAIR.
    The problem would be is it did not indicate if he's eligible for parole and when it can occur.
    This 25 years can in reality just be 10 years or 5 years considering of their capability to hire expensive lawyers.
    Also, will he be prohibited with these financial activites once he got out? He may go back to this business again and wreak havoc once more....

  • @SandyRegion
    @SandyRegion 7 месяцев назад +13

    He'll probably do 5 years, then he'll be back on the con.

    • @WukongTheMonkeyKing
      @WukongTheMonkeyKing 7 месяцев назад +4

      No parole in Federal sentencing

    • @anjelica948
      @anjelica948 7 месяцев назад +8

      Federal sentences are much less flexible. No parole, and he has to do 85% of the time.

    • @justsrandom
      @justsrandom 7 месяцев назад +1

      He'll pull the old "Jordan Belfort"

  • @CryptoNothingAverage
    @CryptoNothingAverage 7 месяцев назад +1

    What coffee is saying basically they will be paid in usd not crypto so they will get their USD value invested and not what it ends up profited to. Ouuuuch!!!!!

  • @AaronVanWolfen
    @AaronVanWolfen 7 месяцев назад +3

    "Hard times create new technology, new technology create large wealth, large wealth creates crypto bros, and crypto bros create hard times"

  • @kessy628
    @kessy628 7 месяцев назад

    Can't wait for "The SBF Saga 2: Electric Boogaloo" from coffee when SBF inevitably appeals the sentencing.

  • @kevinhan721
    @kevinhan721 7 месяцев назад +4

    How come just 25years only??

  • @projectxspectre
    @projectxspectre 7 месяцев назад +1

    I think 25 years is a fair sentence. Any more than that and it would've been too much. Any less and it would've been too lenient. I think the judge made the right call here. I wish SBF the best and I hope he learned his lesson.

    • @MVargic
      @MVargic 7 месяцев назад

      This means he goes free in less than 10 years. Its a f-ing joke, Bernie Madoff got 150 years and hurt a lot less people.

  • @daren32909
    @daren32909 7 месяцев назад +3

    If he had just managed to keep FTX afloat 60 more days he would have made it.

  • @NickolaiPetrovitch
    @NickolaiPetrovitch 7 месяцев назад

    I was waiting for your video response to it! Amazing! Beyond reasonable doubt you helped this case

  • @nikinikolov6570
    @nikinikolov6570 7 месяцев назад +4

    25 years.
    What a fucking joke. He will probably get out earlier too,

  • @thatdudelos9074
    @thatdudelos9074 7 месяцев назад

    Once I saw the news, all I could think about was seeing your reaction to it. They finally got him, but the sentencing was lighter than I expected. Hopefully they actually keep him for that long and don't allow any early release.

  • @ChristianDLucas
    @ChristianDLucas 7 месяцев назад +1

    My knee jerk reaction was not enough. But the more I think about it and listen to others, I feel good with 25.

  • @Pele-speak
    @Pele-speak 7 месяцев назад +2

    Im super happy with 25 years. I cant wait till grant cardome gets his

  • @cryptowire
    @cryptowire 7 месяцев назад +1

    Welcome Back To The VOID 💪🏽🏴‍☠️😎

  • @Dumb_Killjoy
    @Dumb_Killjoy 7 месяцев назад +1

    I like that the RUclips auto-captions think that SBF's last name is "freed."