The First Step Act may not apply to SBF or Ryan Salame
While Protos, along with other media outlets, was quick to point out that the Donald Trump-era law the ‘First Step Act’ could be a road to early release for Sam Bankman-Fried, Ryan Salame, and other first-time, nonviolent offenders, it turns out that the law is less about ‘the letter of the law’ than it is about a judge’s discretion. Indeed, if we take a look at a previo US example of a massive financial fraudster attempting to US e the act to get early release, it seems incredibly unlikely that Bankman-Fried or Salame can expect to have a significant amount of time shaved off their sentences. What is the First Step Act? Though it’s been repeatedly discussed, it’s worth going over some of the minutiae of the First Step Act. The main point of contention regarding the act is that inmates can, possibly, get out of prison in half of the time they’ve been sentenced to. However, it’s important to note that there are many caveats. First of all, while a former federal prosecut...