The First Step Act may not apply to SBF or Ryan Salame
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The First Step Act says that non-violent inmates like Sam Bankman-Fried and Ryan Salame could get out of prison early. But there are caveats.
The First Step Act says that non-violent inmates like Sam Bankman-Fried and Ryan Salame could get out of prison early. But there are caveats.
Disgraced FTX founder Sam Bankman-Fried and $110 million Mango Market exploiter Avraham Eisenberg are sharing the same prison again.
FTX debtors have announced a new plan that would allow nearly all claimants a complete recovery, but some are still frustrated.
There’s little legal wiggle room for Bankman-Fried and while he may present specific arguments, the odds of them succeeding are pretty low.
Bankman-Fried’s sentence comes after he was found guilty of wire fraud, conspiracy to commit fraud, and money laundering conspiracy.