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can anyone tell me the justification for putting Samuel Bankman-fried in prison for 25 years but Trump gets a fine? Is it federal vs. state? (lemmy.world)

submitted 8 months ago by Professorozone@lemmy.world to c/asklemmy@lemmy.ml

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Pretty much what the title says. I know he's a former president and has all of his supporters, but what's the official reason? Thanks.

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[–] KevonLooney@lemm.ee 9 points 8 months ago

the criminal cases are coming against Trump. And the plaintiffs will most likely lose those criminal cases.

Bank fraud seems relatively easy to charge him with. If you knowingly provide false info on a bank document, it's a federal crime. His signature on each loan application was a crime.

You can't tell the State of NY your building is worth $1 and tell the bank it's worth $3. These banks literally had a procedure for dealing with his constant lies on bank documents. Large banks are federally regulated and it's a federal crime to lie to them on your loan application.