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Bankman-Fried used $100M in stolen FTX funds for political donations, US says

reuters.com

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Re: Bankman-Fried used $100M in stolen FTX funds for political donations, US says

#131

Post by sschueller »

permo-w wrote: post #128
sschueller wrote: post #114

So does only the donator get punished here and not as well the recipient? Isn't it generally the case if you receive stolen goods they can be take away? I think there should be an exception specificity for political donations where the recipient is just as much in trouble for an illegal donation as the party sending it.

with regards to the second half of your comment, I suspect this is a belief coloured by your distaste for the political system in general. This is understandable, but not really fair Yes the political donation system is horrendous, and yes both parties are as a result corrupt capitalist lapdogs to corporations and the super rich, but given that the system exists, it's hard to legally blame a party for taking a donati…

I agree that you should not be responsible when the donation is done legally but it appears not only did SBF use stolen funds but also paid illegal donations

Re: Bankman-Fried used $100M in stolen FTX funds for political donations, US says

#132

Post by whimsicalism »

guywithahat wrote: post #82
1vuio0pswjnm7 wrote: post #29

"An amended indictment accused the 31-year-old former billionaire of directing two FTX executives to evade contribution limits by donating to Democrats and Republicans, and to conceal where the money came from." Here is the amended indictment. https://storage.courtlistener.com/recap/gov.uscourts.nysd.59... "9. As noted above, SAMUEL BANKMAN-FRIED, a/k/a "SBF," the defendant, also used misappropriated customer money t…

[flagged]

Unsure why this is downvoted, I haven’t seen a shred of evidence for considerable “dark” donations to republicans.

Re: Bankman-Fried used $100M in stolen FTX funds for political donations, US says

#133

Post by whimsicalism »

Guvante wrote: post #118
guywithahat wrote: post #82

Earlier quoted context omitted.

[flagged]

Lincoln Project is very Republican. They just don't support Trump...

Not supporting Trump already puts them at the fringes of the modern Republican party, hardly “very Republican”

Re: Bankman-Fried used $100M in stolen FTX funds for political donations, US says

#134

Post by waveBidder »

permo-w wrote: post #130
YeBanKo wrote: post #96

The whole scheme strikes me as … unsophisticated, especially for two math geniuses.

in my experience being good at maths doesn't reliably indicate you're good at anything wildly beyond maths. often some related subjects like programming, but not always

is there any evidence they're actually good at math?

Re: Bankman-Fried used $100M in stolen FTX funds for political donations, US says

#135

Post by permo-w »

waveBidder wrote: post #134
permo-w wrote: post #130

Earlier quoted context omitted.

in my experience being good at maths doesn't reliably indicate you're good at anything wildly beyond maths. often some related subjects like programming, but not always

is there any evidence they're actually good at math?

I have no idea

Re: Bankman-Fried used $100M in stolen FTX funds for political donations, US says

#136

Post by [deleted] »

tedivm wrote: post #90
guywithahat wrote: post #82

Earlier quoted context omitted.

[flagged]

> “All my Republican donations were dark,” he said, referring to political donations that are not publicly disclosed in FEC filings. “The reason was not for regulatory reasons, it’s because reporters freak the f—k out if you donate to Republicans. They’re all super liberal, and I didn’t want to have that fight.” He claims otherwise, although that's obviously not necessarily the truth. The public donations only accoun…

[deleted]

Re: Bankman-Fried used $100M in stolen FTX funds for political donations, US says

#137

Post by darkmarmot »

permo-w wrote: post #125
froggysnail wrote: post #119

Earlier quoted context omitted.

Democracy is a beloved system of billionaires because they are able to pressure the weak men in power with money.

what's the better option

Laws that preclude the existence of billionaires...

Re: Bankman-Fried used $100M in stolen FTX funds for political donations, US says

#138

Post by ceejayoz »

efitz wrote: post #91
ceejayoz wrote: post #68

Earlier quoted context omitted.

To spell it out: "Y'all" would be "the Republicans", who after begging Garland to appoint Weiss, are now complaining that Garland appointed Weiss.

I fail to see how it’s relevant if someone supported an appointment or not; one can still be dissatisfied with the job performance of the appointee. I think you personally are acting unethically by making partisan remarks and downvoting posts that disagree with your worldview.

How can they be dissatisfied with his job performance? He was given the special counsel job four days ago.

Re: Bankman-Fried used $100M in stolen FTX funds for political donations, US says

#139

Post by eli »

anonymoushn wrote: post #108
eli wrote: post #93

Earlier quoted context omitted.

All campaign expenditures are public data. Most picked charities from the area they represent.

I'm sure FTX creditors will be happy with these choices.

I don't really understand what you're getting at.

Re: Bankman-Fried used $100M in stolen FTX funds for political donations, US says

#140

Post by anonymoushn »

eli wrote: post #139
anonymoushn wrote: post #108

Earlier quoted context omitted.

I'm sure FTX creditors will be happy with these choices.

I don't really understand what you're getting at.

Like if someone defrauded you and gave the money to politicians and the politicians gave the money to charities they were affiliated with instead of returning it to you I'm sure you'd be happy with that.
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