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Well, that's who has the money
Sam Bankman-Fried Convicted
101–110 of 1001 posts
Re: Sam Bankman-Fried Convicted
#102Again, justice is served for a small, very small, subset of the white collar criminals. Bring the real crooks (e.g. insider traders etc.) in for justice.
Well, they got Martha Steward so there’s that…/s
Re: Sam Bankman-Fried Convicted
#103Like many of his strategies at FTX, his high risk approach to this trial for a high value payout (taking no plea deal and getting out with no charges) hasn’t worked out. I wonder if he himself is accepting of the outcome and isn’t already scheming or relying on another all-in gamble.
He was very likely not offered a plea deal.
Re: Sam Bankman-Fried Convicted
#104Life in prison seems extreme. Im going to randomly guess sentencing will be 25 years and he'll be out in 15.
It's a federal case, so that's not possible. He must serve at least 85% of the final sentence.
Re: Sam Bankman-Fried Convicted
#105Well... this is justice. Sadly, we don't get to see justice very often. This is life in prison, correct? I know he hasn't been sentenced but all counts is easily several life sentences at the federal level. When do the parents go on trial? I can't see how they make it out of this without at least having all their ill-begotten assets stripped.
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Re: Sam Bankman-Fried Convicted
#106[deleted]
Re: Sam Bankman-Fried Convicted
#107No, they had pizza: https://twitter.com/tolstoybb/status/1720228218672988667?t=t...
lol I mean they're barely paid for their time they might as well get a pizza as a treat.
Re: Sam Bankman-Fried Convicted
#108There's a RICO prosecutor in GA who'd love to sit down with the SBF prosecutors to take notes.
Re: Sam Bankman-Fried Convicted
#109https://time.com/6330323/sbf-trial-biggest-bombshells/ - interesting in this article showing what Alameda spent their stolen money on is that they made a $500million bet/investment on Anthropic, who Google just committed to investing $2billion into. Could have turned out great!
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Re: Sam Bankman-Fried Convicted
#110[deleted]