Law & Policy

Seeing a lot of comparisons between sentencing for SBF (25 years) and Ross Ulbrecht (life w/o parole). Curious about this channel's thoughts on the matter. 

My potentially hot take is in the comments.

Crypto, F1, and Lawyering account for 90% of my waking hours

SBF's massive fraud deserves a lengthy prison sentence, but I think there is a reasonable argument for a harsher penalty for intentionally creating a marketplace specifically for illegal products/services.

In short, Silk Road was a flagrant disregard for the law that the gov simply couldn't allow (particularly at scale), so they made an example of him. And given the lack of comparably sized copycats, it seems to have worked. Thoughts?

hottakes

Compared to Ross Ulbricht, SBF's 25 year sentence feels incredibly low. But on its own, it is significant – a quarter of his life in jail, banned from finance when released

Makes you think – should major financial criminals get a second chance at life if they're young? I believe they should but see both sides

Sharing this perspective from @chaskin.eth 

My favorite line from Moneyball: “first guy through the wall always get bloody”

I think this happened in part to Ulbricht, but he was also the only “fish to fry” at the time.

/ethereum foundation | opinions are my own but more than likely they come from Vitalik's blog paragraph.xyz/@chaskin

Sharing this perspective from @chaskin.eth 

My favorite line from Moneyball: “first guy through the wall always get bloody”

I think this happened in part to Ulbricht, but he was also the only “fish to fry” at the time.

https://warpcast.com/chaskin.eth/0x41e34f0f