[zeestephen]

Obviously, Bankman-Fried and Shkreli both violated federal law.

On the other hand, the Feds could not prove that any person was financially injured by those violations.

Civil fines. Home confinement. Parole. Loss of passport. Barred from the Securities Business. All of those are completely obvious.

But, 25 years and 6.5 years in prison?

That is ridiculous.

[T.B. Yoits]

...the Feds could not prove that any person was financially injured by those violations.

The money launderers and those bribing public officials through a crypto exchange will not come forward to claim damages. The crime still stands. Sam Bankman-Fried wasn't running a Ponzi Scheme, he was hosting a money laundering and payoff exchange.

That wasn't his real crime though. His real crime is that his money laundering and payoff exchange was competing with exchanges within a syndicate that he wasn't a part of.