The United States of America vs. Samuel Bankman-Fried Indictment [pdf]

Post by ivraatiems » Tue, Dec 13, 2022, 4:28 PM UTC

techdmn wrote: post #93

ivraatiems wrote: post #61

Earlier quoted context omitted.

There's a pathology amongst wealthy people where they think that the law doesn't apply to them, period, and are simply shocked when it does. Some other recent examples of this include the lawyer Michael Avenatti going to jail for decades for stealing from his clients, and everything that has ever happened to Donald Trump. (In my experience as a white person it is mostly other white people who think this, but I don't…

I would argue they have this belief because it is so often true. Exceptions are surprising to many people.

Post by rootusrootus » Tue, Dec 13, 2022, 4:30 PM UTC

Xeoncross wrote: post #18

ivraatiems wrote: post #12

How anyone could look at this man's behavior over the last few weeks and not think he was on a fast track to a federal penitentiary is beyond me. A word to the unwise: If you have done something, anything, that you have a credible reason to believe the United States government thinks is illegal, shut up . Do not do any of the following: * Go on a podcast and talk about it * Go on a Twitter livestream and talk about i…

I don't pity SBF, but this advice is important for innocent citizens. It's unfortunate that anything you say to law enforcement can be used against you - but none of it can be used for you. A police officer can testify against you, but if they try to support you it will be dismissed as "hearsay".

Post by foobazgt » Tue, Dec 13, 2022, 4:31 PM UTC

ivraatiems wrote: post #61

dilawar wrote: post #53

Earlier quoted context omitted.

Today there was an article about his parents in nytimes. I think at at least one of them is professor of law. And both parents seems to be involved with his company. I wonder if he didnt get any advice from them about not talking?! Maybe he knew that he is done legally and there is no downside to talking to public.

There's a pathology amongst wealthy people where they think that the law doesn't apply to them, period, and are simply shocked when it does. Some other recent examples of this include the lawyer Michael Avenatti going to jail for decades for stealing from his clients, and everything that has ever happened to Donald Trump. (In my experience as a white person it is mostly other white people who think this, but I don't…

Post by [deleted] » Tue, Dec 13, 2022, 4:33 PM UTC

rootusrootus wrote: post #89

2devnull wrote: post #83

Earlier quoted context omitted.

I think this is a bit far fetched. He was the scion of famous law professors. He grew up around the law. To think he didn’t understand what the general public does about the law takes a special kind of … assumption that directly contradicts the obvious facts. He very likely knows more about the law than anyone on here. How could he not?

> He very likely knows more about the law than anyone on here. How could he not? There are actual lawyers on HN. I don't think proximity to lawyers makes one as knowledgeable as an actual one.

Post by rootusrootus » Tue, Dec 13, 2022, 4:35 PM UTC

likpok wrote: post #64

ivraatiems wrote: post #13

Earlier quoted context omitted.

That's a maximum sentence, which is unlikely to match what he's realistically convicted of.[0] Still, he is likely to spend decades in jail. https://www.popehat.com/2013/02/05/crime-whale-sushi-sentenc... ctrl-f "guidelines"

Running through the sentencing guidelines on the wire fraud hits 15-life real fast though. The sentence increases with the amount stolen and he stole a LOT of money (so much that the table doesn't cover it! It only goes up to $550 million).