Sam Bankman-Fried, the former CEO of collapsed crypto exchange FTX, was sentenced to 25 years in prison by Judge Lewis Kaplan last Thursday. The sentence has sparked varied opinions: some consider it appropriate, while others believe it should have been more severe1. However, beyond the debate over the length of the sentence, there are deeper issues at play.
Mark Allenbaugh and Doug Passon discuss the case including potential missed opportunities to present compelling statistics, life expectancy analysis and other factors that might have influenced the judge’s decision, if presented. These statistics include average federal sentences for crimes like murder, kidnapping, sexual abuse, and child pornography.
Interestingly, Judge Kaplan explicitly commented on broken guidelines, suggesting that the existing framework for sentencing may be flawed. Watch the episode here: https://www.youtube.com/watch?v=yb1yJx2q614