271–280 of 1001 posts
I always wondered whether the American guilty / not guilty system isn't obviously too binary.
Where did the all the money go?
Again, 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.
His parents must be so proud
I always wondered whether the American guilty / not guilty system isn't obviously too binary.
Of course it's not. Where there are gradients, there are different charges. Murder I, Murder II, (voluntary/involuntary) Manslaughter, etc. To the extent grey areas exist, they are accounted for in a gradient of crimes, each of which has a binary degree of guilt.
Don’t teach your kids Consequentialism folks.
mmm.. 110 years for stealing close to $10 billion
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Earlier quoted context omitted.
Looking online I see reports that FTX owes its creditors $3B. If Anthropic has 6.5x then the initial $500 million is now worth $3.25B. Is it actually possible that all creditors will get their money back? Pretty crazy if so.
In a slightly different universe, the literally criminal risk might have worked a little longer. Then again, GenAI perhaps undermines the notion of NFTs and "digital art/assets as valuable fungible commodities." It was really wierd seeing Stable Diffusion take off as NFTs were collapsing... so maybe there is no universe where FTX fakes it until they make it.