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.
is jail really the best thing here? like does it serve society at all to lock this guy up?
Our society locks up more than just dangerous criminals. And if you’re arguing against it there’s probably millions of people more deserving of more lenient charges than this guy.
no doubt. but this is the guy we’re talking about right now so i thought it was worth pointing out that jail is bad and we need to rethink that whole thing.
are you arguing that he shouldn’t be sent to prison if he is found guilty? or that having him in jail until trial is a mistake?
the first one: yes, if he is found guilty, he definitely should be sent to prison. he is accused of committing fraud for billions of dollars.
for the second: yes. his bail was revoked because there was reasonable cause to believe he was attempting to tamper with witnesses
i don’t like jails at all. i think its wrong to put people in cages.
My understanding is that it’s a really shitty jail, so yes.
i don’t relish the idea of keeping people in cages and this guy in particular just seems stupid. i don’t think there is a good case to be made that inconveniencing him for weeks months or years does us any good, especially since maintaining jails is, itself, kind of inconvenient for us.
I’m personally of the opinion that it’s sadly necessary sometimes, but we definitely overuse it and it’s always a tragedy when things get to the point where it’s necessary.
Regardless of my opinion though, if you’re interested in this you should probably check out this bit from a textbook on criminal law talking about the theoretical justifications for punishment because lots of people have thought and written lots about this and you may as well pick up the terminology they tend to use.
e; also, these are the arguments you’re going to run into (pretty sure I see deterrence, retribution, and incapacitation theories in this thread)
i read the link and i decided i am NOT going to use that language. i don’t want to legitimize most of that shit.
i think i’m ok with retribution, like a couple of brothers beating the shit out of their sister’s rapist, or shunning or whatever. but i don’t like the institution of prisons. we should figure something else out.
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think harder
if you have another perspective you can express it.
I’m not debating the merits of anything about him any more than I would for Bernie Madoff. If you’re unable to see for yourself already why SBF and people like him deserve the realization of actual punishment in jail and/or prison for obvious entitled fuckery and fraudulent behavior that contributed to devastating financial losses for others while they acted like millionaire douchebros in the Bahamas, then thought they’d get away with “sorry, I fucked up”, there’s nothing I can say to correct that. Off you go now.
you havent actually justified locking up con men.
Duh. To make an example of them to deter other con men from doing the same thing. Same as for drunk drivers who kill people with their cars. No further respect, debate or justification needed. Fuck them and you.
that doesn’t work, but i’m glad to see how empathetic you are