The co-founder of failed cryptocurrency exchange FTX pleaded not guilty to a seven count indictment charging him with wire fraud, securities fraud and money laundering.

An attorney for FTX co-founder Sam Bankman-Fried said in federal court Tuesday his client has to subsist on bread, water and peanut butter because the jail he’s in isn’t accommodating his vegan diet.

  • jmp242
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    1 year ago

    I can tell you’re very emotional about this, and I philosophically for government policy positions usually find that emotional reactions lead to things like the Patriot act, or KOPSA, or the TSA - bad policy that feels good. Policies that make the country worse for the majority who aren’t victims and so do not have the emotional reaction.

    My point is not to belittle or reduce victims at all. Please stop putting words in my mouth. I feel for people who are hurt by others, and I want to give them the support they need.

    I also want to try and make policies that achieve the citizens goals. I don’t think the current justice system in the US accomplishes that - massive corruption, private prisons, police brutality and immunity, unscientific forensics, a legal system that is expensive for everyone and overwhelmed, prisons that are in the news for killing people via lack of safe temps, flooding, murders by other prisoners, rape, etc etc. Maybe your goal is to make jail / prison hell on earth for anyone who ever ends up there, innocence or guilt be damned (remember - Sam is going there before he’s legally convicted, most people do - and for years).

    And maybe all that makes you feel better. It makes me ashamed. It makes me sad. It seems like a mockery of what we espouse in our propaganda of being a nation of laws, innocent until proven guilty in a court of law, and no cruel and unusual punishment. I just want people who support the current system to know that’s what they’re getting.

    I don’t think there’s much evidence the above system gets us any rehabilitation, gives any thought to what happens after someone serves their time, or actually works as a deterrent. Maybe you think all criminal jail / prison sentences should just be a life sentence to get rid of the pesky what do we do with criminals who’ve served their sentence. I don’t know. I have to wonder though - do his victims feel better about him being in jail if they knew it wouldn’t get them their money back, and is actually costing them extra in taxes to house him? I don’t want crime to pay - but I also wonder if just freezing all his assets till trial and not letting him leave the country would cost us less? Remember, he committed a financial crime - I want to minimize additional financial loss. If convicted - I still don’t see Jail as the equal punishment - I would think financial hits like seizing the frozen assets, barring him from being involved in running any companies, and garnishing any future wages to repay victims etc would be equally just, and at least have some hope of making the victims somewhat whole. Putting him in jail just raises their taxes(incrementally, but it does - jails aren’t free).

    • pinkdrunkenelephants
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      1 year ago

      I can tell you’re very emotional about this,

      And maybe all that makes you feel better.

      Okay everyone, this is the point where we can wholly dismiss him and his other troll buddies in the thread. This fucking clown doesn’t have a real point or policy. They’re in here concern trolling and harassing, not one but two by my count, CSA survivors over this, and for what?

      Because they don’t like punishing people? Then they don’t want justice or a meaningful society.

      Because they don’t want prisons? Well, people like him pushed for prisons in the 1800s because they didn’t want the stocks, and now look where we are. Perhaps instead of letting them hook their fingers under our noses and drag us wherever they want, we should just laugh at, ignore and ban them.

      Like, let’s take this guy for example. His whole post is a sales pitch. It never says anything directly, only implies. He’s all over the place with no straightforward or coherent argument or even demand for what he wants, and people who obfuscate their motives or arguments in such a manner do NOT have your best interests at heart.

      He and the other concern trolling assclowns need to leave. Why aren’t the mods doing anything about them?