Is 25-year sentence considered lenient for SBF’s imprisonment? Cryptocurrency community and Vitalik’s comments.
FTX founder Sam Bankman-Fried (SBF) has been sentenced to 25 years in prison, a sentence that many in the crypto community believe is not enough. Ethereum founder Vitalik Buterin, however, pointed out that compared to the crypto villains of the past, former Mt. Gox CEO Mark Karpeles is the only one deserving of forgiveness.
Before receiving his 25-year sentence, SBF made a final statement in court, apologizing to his colleagues at FTX.
Vitalik’s tweet did not mention SBF, but he stated that among the previous generation of crypto villains, Mark Karpeles is the only one worthy of redemption. Vitalik highlighted the difference between Karpeles’ Twitter activity, which mostly focuses on non-crypto-related matters, and the constant promotion of others in the industry.
Jake Chervinsky, former legal counsel for Compound and the Blockchain Association, also commented on SBF’s sentence, suggesting that it is unjust compared to the case of Ross Ulbricht, the founder of the Silk Road dark web marketplace. Ulbricht received two life sentences plus 40 years in prison, which Chervinsky believes is unfair.
In related news, the article mentions the recent surge in the S&P 500 and the heavy selling pressure on Bitcoin, which caused its price to drop to $38,000. Additionally, it refers to 700,000 Bitcoins held by Mt. Gox and GBTC waiting to be sold and the continuous decline in BTC’s price.
(Note: The article contains several images, which are not provided in the translation.)
