An uncommon letter despatched to federal court docket on Jan. 10 recommended an alternate sentence for FTX’s founder and former CEO, Sam Bankman-Fried.
The letter’s writer, Mary McKee of Minnetonka, Minnesota, acknowledged that she has no relationship to Bankman-Fried. She continued:
“Mr. Bankman-Fried definitely appears to be autistic and [it] doesn’t seem to be a jail sentence could be of [any] profit to anybody … It isn’t like he got down to commit fraud like Bernie Madoff, and the individuals who misplaced cash with him are on the sting of authorized legal guidelines [sic] themselves.”
McKee went on to notice that “somebody who commits homicide will get a lesser sentence” than the jail time period that Bankman-Fried might face.
Although homicide may end up in a life sentence with out the potential for parole, a 2021 bulletin from the U.S. Division of Justice signifies that the median jail sentence for homicide is 17.5 years earlier than launch. In contrast, Bankman-Fried faces as much as 110 years, and presumably as little as 30 years, in jail.
Might SBF get neighborhood service?
McKee additionally recommended that Bankman-Fried obtain an alternate sentence:
“As a substitute of a jail sentence, can [Bankman-Fried] be directed to educating a highschool math course? Placing his expertise to constructive use?”
As a result of severity of Bankman-Fried’s convictions — which embody 5 counts of conspiracy and two counts of wire fraud — it appears unlikely that his sentence could possibly be solely changed by neighborhood service.
Nevertheless, a decreased sentence could also be potential. The financier Michael Milken, sentenced to 10 years in jail for securities fraud within the Nineties, finally served simply 22 months earlier than getting into neighborhood service. As a part of that service, he participated in a college anti-drug program known as D.A.R.E.
Bankman-Fried shall be sentenced on March 28. It’s unclear whether or not McKee’s letter is included within the docket for causes associated to the protection’s anticipated arguments for a lenient sentence, however its inclusion is notable.
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