this post was submitted on 03 Nov 2023
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Sam Bankman-Fried found guilty on all seven counts::Sam Bankman-Fried, the co-founder and former CEO of crypto exchange FTX and trading firm Alameda Research, has been found guilty on all seven counts

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[–] Telodzrum@lemmy.world 11 points 2 years ago (2 children)

This is a federal case there isn’t any standing law with regard to sentencing that needs to be researched. The guidelines are clear and known by all parties and the court. The delay is consistent with similar matters. The court will now hold sentencing conferences and hearing wherein both parties can present sentencing evidence such as testimony and mitigating factors that are not admissible during criminal proceedings or were not admissible to that particular proceeding. There are also a great deal of scheduling concerns and conflicts with regard to court staff and attorneys on both sides.

People should never be upset that due process is deliberate.

[–] Croquette@sh.itjust.works 4 points 2 years ago

Thanks for the clarification, I am not that versed in the judiciary procedures and your comment gave me a better understanding.

I agree with you, 5 months to wait for a potential life in prison isn't too slow.