51–60 of 255 posts
Earlier quoted context omitted.
This outcome came about so quickly because she turned state's evidence, in return for what is likely to be an extreme reduction from that maximum (not that it was really a possibility, as a first offender)
it's an enormous first offense, though does that matter?
The 7 offences are not detailed individually in the news, or I couldn't find it.
Two counts of wire fraud, two counts of conspiracy to commit wire fraud, conspiracy to commit commodities fraud, conspiracy to commit securities fraud and conspiracy to commit money laundering. Maximum sentence of 110 years.
Earlier quoted context omitted.
Two counts of wire fraud, two counts of conspiracy to commit wire fraud, conspiracy to commit commodities fraud, conspiracy to commit securities fraud and conspiracy to commit money laundering. Maximum sentence of 110 years.
This outcome came about so quickly because she turned state's evidence, in return for what is likely to be an extreme reduction from that maximum (not that it was really a possibility, as a first offender)
Earlier quoted context omitted.
I don't see an implication that this person is personally fucked by FTX/Alameda, just mad that fraudsters are rolling in dough (til they get caught anyway, as they say, high risk high reward)
Yes. Exactly. Every day I wake up and I have to hear about some next cunt I've never heard of before. "Richest before 30!". Some other trillionaire. Some other little kid son of ivy's who ran away with another billion. It's always some fucking scam. Every fucking day. What is the point anymore? I'm a regular cunt who wants to do regular cunt things but I have to wake up to news that Google is planning a 30B "tech par…
Earlier quoted context omitted.
I think you are assuming way too much here. She's not the queen of anything, she's a fraudster that will spend a long time in jail and that has probably much less understanding of the mechanisms involved than you give her credit for. If she did she wouldn't be in the position she's in. The last thing we really need is for people to start lionizing her.
That ship has long sailed. She's coming out of this with a slap on the wrist because she ratted on SBF. She's a hero of the alt right because her Tumblr is full of creepy eugenics shit. She has a pervo following for being a poly sex fiend (allegedly). She's going to write a book, sell her movie rights, etc. and live a life of luxury as the woman that took down SBF and FTX (who will be remembered as the real fraudster…
She's a freak in a freak show. The praise is ironic.
Earlier quoted context omitted.
I think you are assuming way too much here. She's not the queen of anything, she's a fraudster that will spend a long time in jail and that has probably much less understanding of the mechanisms involved than you give her credit for. If she did she wouldn't be in the position she's in. The last thing we really need is for people to start lionizing her.
Queen of WSB and yolo record are not a good thing... that is a subreddit that mocks bad risk management by ironically celebrating it. They know exactly what she is over there.
Earlier quoted context omitted.
I think you are assuming way too much here. She's not the queen of anything, she's a fraudster that will spend a long time in jail and that has probably much less understanding of the mechanisms involved than you give her credit for. If she did she wouldn't be in the position she's in. The last thing we really need is for people to start lionizing her.
But she’s highly regarded! It’s all just a little joke. Check out https://www.reddit.com/r/wallstreetbets . Also https://m.youtube.com/watch?v=jg85H26wyLk She certainly earned her sentence, and I have no sympathy for her. But isn’t it hard not to be at least a little impressed with the sheer scale of her losses? Getting in the record books for “most money lost by a single individual” is a hard thing to do in general.
Earlier quoted context omitted.
Years in prison is not a slap on the wrist.
She hasn't been sentenced yet. We don't know what the terms of her deal are but they almost certainly involve leniency in the sentencing. Her lawyer likely tried to make a case that the big bad evil SBF sexually manipulated her into committing fraud and actually she's the real victim here.
I wonder if something similar will eventually happen to the Tether people? To my understanding they're printing money (USDT) which they claim is backed 1:1 by USD but really isn't. These USDTs can then be spent to pump up various other crypto assets. Seems a very shady business.
Earlier quoted context omitted.
I think you are assuming way too much here. She's not the queen of anything, she's a fraudster that will spend a long time in jail and that has probably much less understanding of the mechanisms involved than you give her credit for. If she did she wouldn't be in the position she's in. The last thing we really need is for people to start lionizing her.
But she’s highly regarded! It’s all just a little joke. Check out https://www.reddit.com/r/wallstreetbets . Also https://m.youtube.com/watch?v=jg85H26wyLk She certainly earned her sentence, and I have no sympathy for her. But isn’t it hard not to be at least a little impressed with the sheer scale of her losses? Getting in the record books for “most money lost by a single individual” is a hard thing to do in general.
Super funny to every single person who lost money to the person "getting in the record books for 'most money lost by a single individual'".