> "did transmit and cause to be transmitted by wire, radio, and television communication" Note to self: Remember to use only free-space lightwave communications to avoid committing wire fraud. Edit: Removed "fiber" because it looks too much like a wire and avoid being busted by outside1234!
The fact that they named the chat group channel for their executives (SBF, Caroline, others) "Wirefraud" is jawdropping.
The United States of America vs. Samuel Bankman-Fried Indictment [pdf]
271–280 of 748 posts
Re: The United States of America vs. Samuel Bankman-Fried Indictment [pdf]
#272Earlier 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?
So if you believe he's committed crimes, then it doesn't become far fetched to imagine that he'd continue to not listen to his parents on matters of criminal defense.
Re: The United States of America vs. Samuel Bankman-Fried Indictment [pdf]
#273Earlier 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…
Re: The United States of America vs. Samuel Bankman-Fried Indictment [pdf]
#274Earlier quoted context omitted.
https://m.youtube.com/watch?v=d-7o9xYp7eE obligatory “don’t talk to the police” link.
OTOH, as a former public defender I have no problems talking with the police. The police aren't your friend. They're also not your enemy. Talking to the police as part of an investigation doesn't make you a suspect. Seriously, how do people think criminal investigations are done? Talking to witnesses is a huge part of investigating. People very rarely finger themselves as potential suspects; it's almost always the ot…
If cops were obligated to be honest in more respects I would be more willing to open up, but of course they don't want any restrictions in that area. Cops in the US want to be able to lie whenever it's convenient and also have everyone trust them, but that's not a very fair bargain for the general public.
Re: The United States of America vs. Samuel Bankman-Fried Indictment [pdf]
#275Earlier quoted context omitted.
If an officer testified in support of you about what he witnessed, why would that be hearsay?
If you tell a police officer that you did a crime, then your words are admissible as evidence against you. If you tell a police officer that you did not commit a crime, you can't have the police officer testify in your defense that you told him that you did not commit the crime. Witnessing things is a completely different matter.
This is because the people who wrote the evidence rules believe nobody would admit to a crime unless they are guilty. So it's a hearsay exception.
The exception isn't meant to be a sinister trick to treat you unfairly, it's meant to lead to the right people going to jail and the right people not going to jail.
Re: The United States of America vs. Samuel Bankman-Fried Indictment [pdf]
#276Earlier quoted context omitted.
Not so much. Holmes guideline sentence redlined the sentencing levels too; she got a significantly lower sentence than the guidelines allowed.
I got downvoted yesterday for implying this. Is it true that her sentencing was "right in the middle?" https://news.ycombinator.com/item?id=33963823
Re: The United States of America vs. Samuel Bankman-Fried Indictment [pdf]
#277Re: The United States of America vs. Samuel Bankman-Fried Indictment [pdf]
#278Earlier quoted context omitted.
I almost called BS on your statistic, but a simple Google search shows that this year's midterm elections saw spending of up to $16.7 billion [1], so it appears to be true. As a non-US citizen, the amount of money in US politics shreds my mind...what are they even spending it on? Ads? Campaign outreaches? How much do these things cost? If it's how it is in my weird African country (Nigeria), I'll wager that most of t…
It’s important to keep in mind how much more expensive it is to buy ads in major US media markets. It’s not difficult to spend tens of millions of dollars just buying television ads for a few weeks during campaign season.
Re: The United States of America vs. Samuel Bankman-Fried Indictment [pdf]
#279> "did transmit and cause to be transmitted by wire, radio, and television communication" Note to self: Remember to use only free-space lightwave communications to avoid committing wire fraud. Edit: Removed "fiber" because it looks too much like a wire and avoid being busted by outside1234!
Re: The United States of America vs. Samuel Bankman-Fried Indictment [pdf]
#280Earlier quoted context omitted.
There are so many people who have obtained fortunes and not become drunk on that. The person who built a liquor store and grew into 20 stores across the city. People who started consulting companies. That immigrant family who scraped and scraped for decades while living above their restaurant. The list is endless, especially compared to the much shorter list of crypto criminals who are drunk on their illusory power a…
Liquor stores and consulting companies don't stack up to the “ great fortunes" gp was asking about.
Ross Perot was a billionaire from consulting, before being a billionaire was a thing. Plus he was a genuinely good person.