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FTX insider Caroline Ellison has been quietly moved out of prisonwww.businessinsider.com/caroline-ellison-prison-release-ftx-sam-bankman-fried-2025-12
362 sats \ 4 comments \ @Scoresby 2h news
  • Caroline Ellison has been moved from federal prison to community confinement.
  • That means the former Alameda Research CEO is either in home confinement or a halfway house.
  • Ellison served about 11 months of her two-year prison sentence.
It's kinda crazy that we put people like this in prison (same for CZ or Ross or for Samourai guys or anyone non-violent). What purpose does it serve?
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102 sats \ 3 replies \ @SimpleStacker 37m
What do you suggest for white collar criminals instead?
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67 sats \ 2 replies \ @Scoresby OP 16m
fine them and restitution if relevant.
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0 sats \ 1 reply \ @SimpleStacker 14m
what if they no longer have the funds to make their victims whole?
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0 sats \ 0 replies \ @Scoresby OP 8m
I suppose it ultimately ends in state violence (prison) if they can't pay. But things like garnishing or the obligation to make payments in the future make sense.
The goal of prison seems to be deterrent, and wrecking a scammer's financial life seems like a good deterrent.
Are there other solutions?
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