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

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

#112

So 4 counts on wire fraud and then also commodities fraud, securities fraud, money laundering and campaign finance laws. For the moment, if we set aside whether these will be proven, how bad does a stack of charges like this look for him if they are proven?

Knowing how connected the guy is, I'm guessing he'll only serve a few years at most. I sincerely hope I'm mistaken.

Connections purchased with money only last as long as the money does.

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

#113

Earlier quoted context omitted.

SBF's mother and father are both Standford law professors - so he knows all this. He has another angle. Maybe he was trying to taint the jury pool. He was up to something, but what?

Judge people by their observed behaviors, not what you assume they should know. Lots of people should be smart and should act more intelligently than they do.

There are many accounts of SBF's capacity for subterfuge. I don't believe he was blabbing about what he did because he's stupid.

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

#114

Earlier quoted context omitted.

> 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 Seeing how thoroughly he convinced people that he had political influence, and given his general lack of awareness, I’m willing to give merit to his believing he was immune. Similar to how people outside securities think insider trading is more rampant than it is, insider…

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?

My father sold cars most of his adult life, and certainly throughout all the time we shared together until his death. He was very good at it. And yet I know fuck all about selling cars or cars in general. Nada. Nothing. I didn't even learn to drive until I was in my thirties. "X's parents are in profession Y" hardly means anything.

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

#115

Earlier quoted context omitted.

Knowing how connected the guy is, I'm guessing he'll only serve a few years at most. I sincerely hope I'm mistaken.

Eh, it feels like he may have donated a lot, but he wasn't crazy popular. Plus, not like he's had a long track record of donations over many years. I am not sure anyone with much influence will stick their neck out for someone like him

I agree; politicians have a singular goal -- reelection. Supporting SBF at this point can only hurt. They will not be extending him any favors.

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

#116

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…

SBF's mother and father are both Standford law professors - so he knows all this. He has another angle. Maybe he was trying to taint the jury pool. He was up to something, but what?

Parents also not out of the woods.

"The FTX founder Sam Bankman-Fried’s mother and father, who teach at Stanford Law School, are under scrutiny for their connections to their son’s crypto business." - https://www.nytimes.com/2022/12/12/technology/sbf-parents-ft...

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

#118

Earlier quoted context omitted.

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".

https://m.youtube.com/watch?v=d-7o9xYp7eE obligatory “don’t talk to the police” link.

It all depends. For a speeding ticket, giving your info to the police tends to make it easier, although you do not have to answer his questions.

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

#120
post #15

The opening phrase is killing me. What can "From at least in or about 2019" mean? Does it mean not before 2019? Does it mean 2019 at the latest?

IANAL, but I did serve on a criminal jury once. Not that it means much. When we got instructions for how to render a verdict, every charge was explained in plain English, maybe one or two sentences, and definitely included the date. It seems to be a technicality that matters, and someone could walk if the date is wrong.
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