How much do you think an extra 5 years would add in terms of deterrence? It seems downright dishonest to characterize a third of his life as a joke.
Where I would put my energy into is making the risk of being prosecuted higher. If getting prosecuted is rare, the kind of people who are into cryptocurrency are going to figure that they’re likely to get away with it as long as they aren’t so blatant. White collar crime prevention needs to focus on changing that assumption.
The smaller players already avoid America like the plague and their avoidance is only increasing due to a zealous SEC decreasing the likelihood of successful prosecutions. Big cases make the biggest difference because diplomatic pressure can be applied, which is why it's a shame that the US flexed on the Bahamas like they did for a case that only gets 25 years.
> How much do you think an extra 5 years would add in terms of deterrence?
Your parent post isn’t arguing for SBF to get 30 years, but pointing out how a large crime which affected at least hundreds of thousands and drove people to suicide gets a lower sentence than a violent crime which affects one person.
I have no idea if that’s true in the US, just trying to clarify the point.
Where I would put my energy into is making the risk of being prosecuted higher. If getting prosecuted is rare, the kind of people who are into cryptocurrency are going to figure that they’re likely to get away with it as long as they aren’t so blatant. White collar crime prevention needs to focus on changing that assumption.