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Topic: SBF-Ross Ulbricht - page 5. (Read 3249 times)

hero member
Activity: 700
Merit: 577
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March 06, 2023, 01:36:38 PM
The line between people ending up in prison for long time or just not is so thin in a world of scams, being open minded etc...
Curious , do you think one deserves prison more as the other, one doesn't deserve prison? Both should be there? None should?

How do you guys think about what they did and should or shouldn't they belong in prison?
prison is a place to refine or correct the mindset of the criminal. But it is not necessarily that, it is a place of dead but all the depend on the offence. Yes prison term can not be equal because the crimes are or were not the same. If someone killed, the jail term will be different from the person who steal, they are of different magnitude so the prison terms must be different. The one who killed will serve longer than the one who steal. If keep all those boys in the society without imprisoning them, they will over do with innocent people, rape, killing, Arm Robbery with become legal to them. Therefore keeping those ones in prison will also sensitize the society.
member
Activity: 364
Merit: 33
March 06, 2023, 08:23:05 AM
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Ross Ulbricht is a criminal but he deserves pardon compared to SBF's disrespectful work activities. Sam Bankman-Fried is a disgraced man whose mask is slowly being revealed to everyone. He has used FTX holder's money as hundreds of illegal political donations. He has created a history of stealing customer money by ignoring the trust of billions of people. In recent times, the allegations have been confirmed. Earlier he was found guilty of 8 charges but now more new charges are being proved. But the interesting thing is that he still claims to be not guilty. Of course, no one wants to admit their guilt. Evidence of further misdeeds may be found if he is brought under diplomatic cover.

You are right but I think the laws of all countries are being sold to money. Ross Ulbricht has been punished more than the crimes he committed. But I think Sam Bankman-Fried was sentenced to 115 years in prison for the crimes he committed. But under the current law, his bail was granted by the court by signing a plea agreement and paying Rs. He was later reported to be under house arrest but is currently not living under house arrest. As before, he is living a good life with his family. It was not the court that made the right decision at all, but Sam Bankman-Fried was not punished for his crimes at all.  But Ross Ulbricht is still being punished for his crimes. On the other hand, Sam Bankman-Fried continues to live happily and peacefully with his family.

member
Activity: 742
Merit: 21
March 06, 2023, 05:33:56 AM
So overal a big majority thinks SBF is guilty for more criminal things as Ross

Curious if he will do any time in jail ....

Yes, Sam Bankman Fried will look for another opportunity to commit another crime once he is out of prison.  Therefore, so that the people can not admit to cheating for the second time, arrangements should be made to take him to jail again.  By embezzling people's money, thousands of people are on the verge of suicide.  That is why we again demand the law to punish him.
full member
Activity: 334
Merit: 121
March 06, 2023, 04:10:14 AM

The punishment that was given to Sam Bankman Fried isn't good enough, why?  Because SBF has destroyed the lives of so many people and most of them have lost their lives because of his terrible act.
For the supreme court to verdict, SBF to jail for 115 isn't good enough because, after 115 years in jail, he might come out and commit another crime.
sr. member
Activity: 938
Merit: 292
March 06, 2023, 02:51:04 AM
Basically here the law sees two criminals for money. Ross Ulbricht He was doing some illegal drugs and hacking on his website We all know how dangerous hacking and illegal drugs are for everyone. That is why he was convicted and punished by the court and is still serving the punishment. SBF's crime is bigger than Ross Ulbricht's crime.
Ross Ulbricht is a criminal but he deserves pardon compared to SBF's disrespectful work activities. Sam Bankman-Fried is a disgraced man whose mask is slowly being revealed to everyone. He has used FTX holder's money as hundreds of illegal political donations. He has created a history of stealing customer money by ignoring the trust of billions of people. In recent times, the allegations have been confirmed. Earlier he was found guilty of 8 charges but now more new charges are being proved. But the interesting thing is that he still claims to be not guilty. Of course, no one wants to admit their guilt. Evidence of further misdeeds may be found if he is brought under diplomatic cover.
sr. member
Activity: 490
Merit: 294
March 06, 2023, 02:35:49 AM
So overal a big majority thinks SBF is guilty for more criminal things as Ross

Curious if he will do any time in jail ....

The crime committed by SBF is never forgivable. A sentence of 115 years in prison did not seem like the right punishment to many. However, if he had been sentenced to 115 years in jail, then maybe no one would have protested about these things. But people could not accept being under house arrest in exchange for money.  And more files are being filed against him and we all hope he will go back to jail and the court will give him more punishment than what he was given.  And all punishments will be enforced by the court. This will strengthen the faith of the common people towards the legal system.
jr. member
Activity: 742
Merit: 1
March 06, 2023, 12:10:49 AM
First of all I did not know about their crime before.  But after creating this topic I read everyone's posts and comments and later realized that two people committed the crime but one got the punishment. Basically here the law sees two criminals for money. Ross Ulbricht He was doing some illegal drugs and hacking on his website We all know how dangerous hacking and illegal drugs are for everyone. That is why he was convicted and punished by the court and is still serving the punishment. SBF's crime is bigger than Ross Ulbricht's crime. He embezzled all of an exchange's money and declared his exchange bankrupt. The court sentenced him to 115 years in prison for embezzling people's wealth. But he is currently staying with his family in exchange for money. The general public can never accept this decision. And to myself it seems that the law has done two justices to both. As one of the fishermen is serving the sentence, the other should also be serving the sentence.
sr. member
Activity: 1386
Merit: 406
March 05, 2023, 11:57:05 PM
Criminals will commit crimes and after committing crimes, when they are brought under the law, they will plan how to escape from the law. There are two characters in this story and both the characters are criminals and because of the crime the administration brings both of them under the law till now everything is fine. But the law has made two kinds of decisions in respect of two characters. 

Ross Ulbricht was arrested by the police for committing some criminal activity on his website. He sold various narcotics on his website and sold illegal drugs for which he was convicted and sentenced to 40 years in prison and is currently serving a prison sentence. 

SBF has committed one of the biggest scams in history.  His exchange (FTX) had a large amount of money deposited by the people and he embezzled all the money and bankrupted his exchange which led to the court finding him guilty and sent him to prison for 115 years. But his family made a special plea to the court for $250M to allow him to stay with his family and he is still under house arrest with his family. 

SBF's crime is huge if we consider the crime in comparison and if he had received full punishment for his crime then everyone would not have spoken against the law like this.  But I hope the court will consider this matter once more and bring him under his punishment.
sr. member
Activity: 686
Merit: 286
March 05, 2023, 11:39:46 PM
The thing we grow up reading from childhood is that law is equal for all.  Whether he is rich or poor, everyone is equal in the eyes of the law. Just as there is a small punishment for committing a minor crime, there is also a major punishment for committing a major crime, depending on the crime.  But the SBF and Ross Ulbricht case here seems to disprove everything I've been reading since childhood. Because here in the eyes of the law, two people are seen in two ways.  

Ross Ulbricht is a serious criminal we recognize him and he is serving the sentence for the crime he committed ie the court found him guilty.

SBF he is a bigger criminal. Because he has destroyed people's trust and has embezzled all the hard-earned money due to which many investors have opted for suicide. The court found him guilty in this case but on a special plea the court allowed him to stay with his family. That is, through money, he is able to stay with his family even after committing a crime. If the law was equal for all then the court would not have given such a decision. Because of such a decision of the court, maybe more people will dare to commit such crimes.

Yes, SBF is the biggest criminal he should go to jail. He committed various crimes and cheated thousands of people online. It is also a serious offense in the eyes of the law to pay bribes while in prison for release and to stay under house arrest in one's residence. So there must be punishment. The punishment should be long.

I now think the court should reconsider the special plea in which they have advised SBF to remain under house arrest and bring him under full sentence. Those who put their wealth in his exchange will get a little bit of peace.


sr. member
Activity: 798
Merit: 374
March 05, 2023, 07:16:46 PM
Sam Bankman Fried (SBF) embezzled all the people's money and listed himself in the property register.SBF getting political support committed a crime.  However, I find it very sad that he is out of jail despite committing so many crimes.



Yes, SBF is the biggest criminal he should go to jail. He committed various crimes and cheated thousands of people online. It is also a serious offense in the eyes of the law to pay bribes while in prison for release and to stay under house arrest in one's residence. So there must be punishment. The punishment should be long.



hero member
Activity: 2632
Merit: 787
Jack of all trades 💯
March 05, 2023, 06:57:50 PM
#99
So overal a big majority thinks SBF is guilty for more criminal things as Ross

Curious if he will do any time in jail ....

Yes because SBF is the well known individual who's been part of FTX crime so majority give big weights about his case. And for many case files against SBF for sure he will be in jailed soon once the officials will take care those cases filed by the victims.

Many wait about the final verdict and they want to see these guys also the other involve get jailed.
hero member
Activity: 574
Merit: 554
Leading Crypto Sports Betting & Casino Platform
March 05, 2023, 01:24:23 PM
#98
So overal a big majority thinks SBF is guilty for more criminal things as Ross

Curious if he will do any time in jail ....

It's clear that SBF is a bigger and riskier criminal than Ross. SBF will definitely go to jail but his sentence will be milder and he might get an early parole or a presidential pardon. I think he prepared for this time with the bribes and inducement that he gave to both democrats and republicans in form of campaign funds. Sometimes mother justice is not blind to some persons because her workers inform of judges have been induced.
legendary
Activity: 2688
Merit: 13334
BTC + Crossfit, living life.
March 05, 2023, 01:09:24 PM
#97
So overal a big majority thinks SBF is guilty for more criminal things as Ross

Curious if he will do any time in jail ....
hero member
Activity: 644
Merit: 520
Leading Crypto Sports Betting & Casino Platform
February 10, 2023, 12:33:40 AM
#96
What these two criminals did was a very terrible act. They have made so many people out there wipe tears and they should pay for it.
The both of them deserve equal punishment, but because the parents of SBF has money and the judiciary system in USA is too corrupt that's why he's punishment is not much.
Like is my country this has happened, so many people invested on a project and it crashed, So many people lost there money including me. Till date the government haven't done anything about it. These to say in most country, the rich doesn't go through punishment no matter the crime rate.

Thats a corrupt system for you,  the judiciary system in most countries in Africa especially Nigeria as you stated is very slow and poor when its comes to lashing out the right justice for this kind of acts. And i can recall one or call scam project that people got their money into as investment but were not given the promised rate due to the platform crashing down and till date justice haven't been Given to the people involved in such acts. @barraza investments platform.
sr. member
Activity: 938
Merit: 292
February 09, 2023, 10:41:05 AM
#95
SBF's Company FTX Bancroft's $32 Billion Value Drops to Zero Value in an Instant. FTX tried to attract big investors by promoting them in various places. They have sponsored various international sports and have enlisted Hollywood stars including Tom Brady as influencers.  And in the middle of the Super Bowl they promoted ads in what is called the world's most expensive ads spot and they succeeded and It was clashing with Binance.  But due to some mistakes by SBF, FTX vanished overnight.  SBF is solely responsible for this.  The value of FTX was 32 billion dollars which was not the personal property of SBF.  It was a public investment.  So SBF has to take responsibility for these. So SBF should be punished more severely. Because millions of people's hard earned money was deposited  in FTX.
32 billion dollars is not a small amount and what they have done is like an indication or a planned ending but all of that is still speculation to corner someone.
apart from that, making a mistake that ends up causing a lot of people to lose is a crime whether intentional or not.

with their mistakes, being imprisoned is a proper thing, but will that make many people who have lost be satisfied?
i don't think so, many people have lost their money that was kept in FTX, now how do people think for it to be refunded for many lost users.

giving a prison sentence is a punishment that can't change any situation, he who does wrong seems to receive what he deserves without any correction being made to clean up the mistakes made.
Where a company of 32 billion dollars has gone bankrupt  There is no way for the owner to come and pay that many dollar penalty so it is a false comfort for every user to expect a refund.  So even if the lost dollars are not recovered, the person responsible for this incident should be punished so that he never dares to make such a mistake again. And he should be punished so severely that his punishment will make other billionaire company owners and also small company owners to be careful and not to repeat such incidents in future. He should be jailed for life
If this punishment is delayed in any way, people will lose faith in the justice system. The man who owned $32 billion was not a ordinary man. He will try to do many things with the power of money but if there is even the slightest hint of indifference in his judgement, lots of people will oppose him. The most important thing is that punishment should be given as soon as possible to avoid such occurrences in the future. If there is no big punishment for big criminals, the number of criminals will increase.
hero member
Activity: 1470
Merit: 608
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February 09, 2023, 06:48:23 AM
#94
SBF's Company FTX Bancroft's $32 Billion Value Drops to Zero Value in an Instant. FTX tried to attract big investors by promoting them in various places. They have sponsored various international sports and have enlisted Hollywood stars including Tom Brady as influencers.  And in the middle of the Super Bowl they promoted ads in what is called the world's most expensive ads spot and they succeeded and It was clashing with Binance.  But due to some mistakes by SBF, FTX vanished overnight.  SBF is solely responsible for this.  The value of FTX was 32 billion dollars which was not the personal property of SBF.  It was a public investment.  So SBF has to take responsibility for these. So SBF should be punished more severely. Because millions of people's hard earned money was deposited  in FTX.
32 billion dollars is not a small amount and what they have done is like an indication or a planned ending but all of that is still speculation to corner someone.
apart from that, making a mistake that ends up causing a lot of people to lose is a crime whether intentional or not.

with their mistakes, being imprisoned is a proper thing, but will that make many people who have lost be satisfied?
i don't think so, many people have lost their money that was kept in FTX, now how do people think for it to be refunded for many lost users.

giving a prison sentence is a punishment that can't change any situation, he who does wrong seems to receive what he deserves without any correction being made to clean up the mistakes made.
Where a company of 32 billion dollars has gone bankrupt  There is no way for the owner to come and pay that many dollar penalty so it is a false comfort for every user to expect a refund.  So even if the lost dollars are not recovered, the person responsible for this incident should be punished so that he never dares to make such a mistake again. And he should be punished so severely that his punishment will make other billionaire company owners and also small company owners to be careful and not to repeat such incidents in future. He should be jailed for life
sr. member
Activity: 1022
Merit: 363
February 08, 2023, 06:50:30 PM
#93
Cases creating financial loss to many people should be consider as crime against humanity then should have bigger penalty which those accused cannot ask for bail or anything favor to him or them.

Criminals like SBF and Ulbritch terrible actions should not get any little mercy because their crime create big damage to some people believing that they are good businessman but end up being financially destructed by them.
full member
Activity: 334
Merit: 121
February 08, 2023, 02:28:32 PM
#92
What these two criminals did was a very terrible act. They have made so many people out there wipe tears and they should pay for it.
The both of them deserve equal punishment, but because the parents of SBF has money and the judiciary system in USA is too corrupt that's why he's punishment is not much.
Like is my country this has happened, so many people invested on a project and it crashed, So many people lost there money including me. Till date the government haven't done anything about it. These to say in most country, the rich doesn't go through punishment no matter the crime rate.
member
Activity: 168
Merit: 58
February 08, 2023, 12:37:16 PM
#91
 Ross Ulbricht and the SBF should be sentenced to life in prison in my opinion.
I was hearing about a company called Silk Road by Ross Ulbricht. He used to sell illegal drugs there. A case has been filed against him for this. The court sentenced him to life imprisonment.

On the other hand, SBF destroys the crypto market. He wasted billions of FTX investors. A case has been filed against him for this. He was sentenced to 115 years in prison after pleading guilty to multiple counts of fraud in the case. But a special plea deal allows him to remain under house arrest with his family.
full member
Activity: 882
Merit: 211
February 08, 2023, 08:38:33 AM
#90
SBF's Company FTX Bancroft's $32 Billion Value Drops to Zero Value in an Instant. FTX tried to attract big investors by promoting them in various places. They have sponsored various international sports and have enlisted Hollywood stars including Tom Brady as influencers.  And in the middle of the Super Bowl they promoted ads in what is called the world's most expensive ads spot and they succeeded and It was clashing with Binance.  But due to some mistakes by SBF, FTX vanished overnight.  SBF is solely responsible for this.  The value of FTX was 32 billion dollars which was not the personal property of SBF.  It was a public investment.  So SBF has to take responsibility for these. So SBF should be punished more severely. Because millions of people's hard earned money was deposited  in FTX.
32 billion dollars is not a small amount and what they have done is like an indication or a planned ending but all of that is still speculation to corner someone.
apart from that, making a mistake that ends up causing a lot of people to lose is a crime whether intentional or not.

with their mistakes, being imprisoned is a proper thing, but will that make many people who have lost be satisfied?
i don't think so, many people have lost their money that was kept in FTX, now how do people think for it to be refunded for many lost users.

giving a prison sentence is a punishment that can't change any situation, he who does wrong seems to receive what he deserves without any correction being made to clean up the mistakes made.
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