For thursday’s sentencing the us government indicated they would be happy with a 40-50 prison sentence, and in the list of reasons they cite there’s this gem:

  1. Bankman-Fried’s effective altruism and own statements about risk suggest he would be likely to commit another fraud if he determined it had high enough “expected value”. They point to Caroline Ellison’s testimony in which she said that Bankman-Fried had expressed to her that he would “be happy to flip a coin, if it came up tails and the world was destroyed, as long as if it came up heads the world would be like more than twice as good”. They also point to Bankman-Fried’s “own ‘calculations’” described in his sentencing memo, in which he says his life now has negative expected value. “Such a calculus will inevitably lead him to trying again,” they write.

Turns out making it a point of pride that you have the morality of an anime villain does not endear you to prosecutors, who knew.

Bonus: SBF’s lawyers’ list of assertions for asking for a shorter sentence includes this hilarious bit reasoning:

They argue that Bankman-Fried would not reoffend, for reasons including that “he would sooner suffer than bring disrepute to any philanthropic movement.”

  • sinedpick@awful.systems
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    3 months ago

    Holy FUCKING shit this cannot be real. No. He could not have written this.

    sbf plans for post-ftx

    My estimation of SBF as a wretch just fuckin plummeted.

    • Soyweiser@awful.systems
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      3 months ago

      ‘Come out against the woke agenda’

      I’m reminded of the person on twitter who went ‘Wonder when his sex crimes come out’ after Russell Brand rebranded as a conspiracy rightwinger. Note: This tweet was made before his sex crimes came out.

    • self@awful.systemsM
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      3 months ago

      ah, it’s always fun when the quiet part out loud CONFIDENTIAL.docx leaks. this sub-mediocre rich little jackass really did convince himself all he needed to do was control the narrative and flood Twitter with nonsense and he’d come out of this an unscathed alt-right grifter. what’s fucking amazing is that he still tried a bunch of these tactics (specifically #15 and a lot of the ones throwing shade on the bankruptcy team) even though the prosecution had this document the entire time

      • David Gerard@awful.systemsM
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        3 months ago

        the sentencing is in five and a half hours and i can’t wait for SBF to try to get up and just explain one more time

        • self@awful.systemsM
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          3 months ago

          if my real-life friends were cooler, I’d have already arranged a watch party, drinking game, and post-sentencing celebratory cocktails

          fuck it, we’re doing cocktails

          The SBF

          • fill a highball glass to 2/3rds with ice and apple cider
          • float a shot of Skrewball peanut butter whiskey on top
          • to commemorate SBF’s long history of bad decisions, garnish with a serving of your choice of citrus-flavored THC drinkable
          • don’t actually do the above step you will throw up in front of your disappointed family
          • Mii@awful.systems
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            3 months ago

            The fucking comments on the live chat, lol.

            I’d like to see him a free man. With his skill-set think of the contribution he could make

            I would actually like to see him to less but use his knowledge to help other exchanges and crypto whales

            ​​Hope he gets the least amount of time

            ​​i feel bad for sam, i don’t think he’s a threat to society. only thing is they may want to make an example out of him