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I think the actual crypto story lines are too preposterous to be funny. :)
I think while the casting of SBF character would be hilarious, the casting of the Caroline Ellison character would take it over the top.
Any ideas why these prosecutions are moving forward so fast? Usually this stuff takes forever as evidence is carefully gathered. Curious if anyone has any insights here.
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also drugs are a helluva drug
Amphetamine, it’s the powerhouse of the (grifting) cell
The problem isnt the adderall. Its that she was clearly abusing it. She participated in the theft of billions and she felt great doing it.
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They almost certainly did not think anything they were doing was wrong. Effective altruism and utilitarianism is one helluva drug
Sorry but no. They absolutely know what they were doing was wrong. They just felt right about it. Don't make excuses for white collar criminals.
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I really hope Caroline and Gary go to prison too. It would be a slap in the face if they got some absurd plea deal where they didn't have to go to jail if they testified against Sam.
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If this were some random other thread, then yeah sure it would be confusing to just say Gary or Caroline.
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I really hope Caroline and Gary go to prison too. It would be a slap in the face if they got some absurd plea deal where they didn't have to go to jail if they testified against Sam.
Since both are talking, I assume their deal isn't that great. My understanding is that you only get those out-of-jail-free cards if there's no other way to convict and I don't see that being the case here in any way. On the other hand, great lawyers and connections might still make something out of it.
That's my concern. Caroline's father is an MIT professor who was previously Gary Gensler's (head of SEC) boss.
It would be extremely disheartening if Caroline gets an extremely generous plea deal due to her father's connections.
It's hard for me to fathom being so privileged and then essentially throwing away your life. I have no idea what they were thinking.
People are a lot like ChatGPT, in that they fill in their next action based on what is most likely according to their training given what actions came before it.
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The "maximum" sentence here isn't even a theoretical maximum; it's just what happens if you take the statutory limit on what could be sentenced in the worst possible combination of circumstances , and it assumes that charges don't group or get served concurrently. It's annoying that they cite this number at all, because it simply has no bearing as to how things get sentenced in reality.
Isn’t the size of the fraud one of the major factors in the guidelines? If so, it may not be 110 years, but it’s got to be a big number?
Caroline's dad is an MIT econ prof and wrote a series of books titled Hard Math for X. New installment should surely be Hard Math for Crypto Fraud and Jail Evasion.
Too bad HBO's Silicon Valley isn't still going. The writers would have had a field day.