There is a very real risk that SBF may attempt to kill himself, for someone like him that was so proud about his achievements and about the material gain that he has gained by deceiving his investors it is going to be almost impossible to accept the incredibly difficult conditions he will find at prison, and as such it is possible he will take the easy way out, and as much as I do not like him I would not want for that to happen as there are many investors that need answers about what happened.
He won't do it. He'll want to wait for the verdict first and this will take at least a year. Then, if he gets 30 years or more, there's a chance he'll do it.
For a young guy, getting out at his 60s or 70s is like a death sentence, especially that he's a weak looking guy. If he got into a prison camp he might survive, but in a normal federal prison he won't make it with all those street thugs around. He'll end up as someone's girlfriend.
Should we care about him? It wasn't a mistake that he made. It was years of stealing before he got caught. He knew what he was doing.
I'd be more willing to release Ross than SBF and Ross is in for life.
Since this is now experiencing actuality, your guess that this may take about a year until SBF knows what's going to happen with him, here we go!
"
Sam Bankman-Fried found guilty in FTX crypto fraud case"
He has been found guilty on all seven counts, the maximum sentence here is 105-110 years, but they assume he will get a little less than that, but will be in prison for a very long time, especially because he messed up his defense and his testimony so hard that the jury didn't take very long to come to the conclusion that this is blatant fraud and not to the slightest extent a little stupid guy who accidentally slipped into something he couldn't handle. Deleting messages, manipulating balance sheets, shifting assets to his parents without consent of the company (except for him as the boss), the list is very long.
And to come back to OP's title: my lord, yes there was improper use of customer funds!
They also said that his PR tour giving interviews on like 50 occasions after FTX crashed also broke him the beck. The prosecutors slapped his own words right into his face from the beginning till the end. Classic case of remaining silent is golden. But they have also said that this was so obvious that no defense strategy would have saved him, but it might have saved him a few years of his life outside prison.
A young guy becoming a billionaire under 30 within months, and crashing within days ending up in prison essentially for lifetime. Impressive... This guy could have had it all.