 With the news, SBF, you remember SBF, Sam Bankron-Feed, the CEO of Bankrupt FTX. Sam Bankron-Feed was, as you know, convicted of fraud, as you know, because we covered it on the show, convicted of fraud for what he did at FTX and has been fined billions of dollars, so his personal wealth has basically been eviscerated to try to pay off some of the debts that the company had when it had been bankrupt. As interestingly enough, as it turns out, because of what's happened with crypto and particularly what's happened with Bitcoin and with the rest of crypto over the last few months, achieving all-time highs going above 70,000 and stuff, the assets of FTX actually turn positive. I think people actually made money on the bankrupt company because it held enough Bitcoin to cover everything, but of course, that doesn't mitigate the fact that there was fraud committed and at the time of the company shutting down and the fraud prosecution, it was in the red, it's only turned green because of the market, because of the movement in the market. Anyway, Sam Becker-Feed was sentenced yesterday to 25 years in jail. Now, I'm no Sam Becker-Feed fan for many, many, many reasons among them, his effective altruism, but more importantly, he committed fraud and he should go to jail and that is really, really, really bad. About 25 years in jail, I mean, there are rapists who don't get 25 years in jail. Second-degree murder doesn't get, I think in many cases doesn't get 25 years in jail. Beating somebody up, aggravated assault doesn't get 25 years in jail. This seems like, this is nuts. It reminds me a little bit of kind of Donald Trump's 450 something billion dollar, a million dollar fine. I mean, these are ridiculous, particularly in an era where shoplifting cool, we're not going to even prosecute you. You can punch somebody in the face as happened in New York recently, just a random woman walking down the street was punched in the face by some guy who's obviously mentally ill. He got like, some minimal thing and he's back on the streets. I mean, there's something very, very wrong about this kind of sentence for these kind of things. SBF is obviously a bad guy, but he's not the kind of bad that I think justifies this kind of sentence. You know, what can you say? I mean, Mike Mokin for nothing basically got 10 years in jail, but at least in that case, the judge had the audacity, the honesty to say, I'm making an example of you because I hate basically because I hate Wall Street and everything that happens on Wall Street. I'm making an example of you. The judge here making an example of SBF, obviously, but for what? Over what? So far it is bad. You know, I would have expected a five-year term, maybe a 10-year term. 25 years is just insane given how we treat violent criminals in this culture. So I don't know. I feel sorry for, I don't know if I was just sorry for SBF, but I guess I do. I mean, that's just a ridiculous sentence. I wonder if some future administration will pardon him given how many political contributions he made while he was around, but I'm not sure they will. I mean, why? I'm sure a lot of them would just rather forget him. He's gone. He's never going to make a future contribution, so why bother? Real sacrificial lamb for the sins of crypto, for the hatred of crypto, for the hatred of finance, for the hatred of people being successful in finance. I mean, Bernie may have got 150 years. I mean, that seems exaggerated, right? 150 years given the motorists don't get that. I mean, first degree motorists don't get 150 years. That seems exaggerated. Also, Bernie may have set out unequivocally to commit fraud. He had intent from the beginning, really. He built a pyramid scheme. SBF did bad stuff, but you get a sense that he kind of drifted into it. It wasn't one big scheme to defy his investors, the people did business with him. It was something that kind of, like most fards, drifted into and landed up covering himself and covering previous mistakes by committing fraud. It's not the same thing. Intent matters. Bernie made up. I still don't think it deserves 150 years, but certainly it deserves more than SBF. So yeah, sure, SBF is way worse than punching a person in the face. But the person punching in the face got zero. So it's not that much worse. And it's not worse than killing somebody. It's not worse than raping somebody. It's not worse than, you know, some aggravated assault where people are beaten to an edge of their life. And 25 years is a lot in criminal law. So no, it strikes me as way too much, way too much. Well, it's not a hatred of envy of success. It's a hatred of people in finance. And yes, some people in finance came at fraud. So let's really go after them as compared to everybody else. But I would say there are lots of violent crimes that are much, much worse than what SBF did. And look, the people who participated, the people who invested, the people who played along and had dealings with SBF, you know, were somewhat blind to this, right? Were somewhat evasive to this. It's not like they are completely innocent and that a little bit of due diligence wouldn't have discovered this. Same thing is true, by the way, of Bernie made up. Lots of people refuse to give Bernie money because they understood what was going on. So I'm not blaming the victims here, but I'm just saying I'd like to see sentences on violent crime go up. And sentences on this kind of stuff come down. Not to zero, five, 10 years, still a significant chunk of somebody's life. This strikes me as exaggerated. All right.