Sam Bankman-Fried’s congressional testimony carries ‘incredible’ legal risk. He’s doing it anyway. Barron’s: Anat Alon-Beck, assistant professor of law, said being remorseful for potential criminal conduct could backfire for Sam Bankman-Fried after he appeared before a congressional committee to discuss the collapse of his crypto exchange. Alon-Beck pointed to the high-profile case of Theranos founder Elizabeth Holmes who got a slightly more lenient sentence of more than 11 years in prison versus her co-conspirator Ramesh ‘Sunny’ Balwani, who was sentenced to nearly 13 years. “I still believe that she did not get a harsh sentence due to her apologies,” said Alon-Beck.