Sam Bankman-Fried Convicted

Post by LargeTomato » Fri, Nov 03, 2023, 3:26 PM UTC

shever73 wrote: post #589

FFP999 wrote: post #393

> You’d think this MIT graduate would wise up, but he never did. The MIT campus has a major public road running through the middle of it, one of the busiest surface streets in the area. You don't have to stand there very long to see a crowd of students almost get hit by a car because they didn't look before they crossed the street. Point is, the old cliche is true, there really is such a thing as a person with a lot…

> there really is such a thing as a person with a lot of book-learning but less common sense than a sea slug I don't even think SBF had the book-learning, just intellectual arrogance. "I don’t want to say no book is ever worth reading, but I actually do believe something pretty close to that. I think, if you wrote a book, you f---ed up, and it should have been a six-paragraph blog post."

Post by TheRealHB » Fri, Nov 03, 2023, 3:32 PM UTC

Post by nfRfqX5n » Fri, Nov 03, 2023, 3:35 PM UTC

berniedurfee wrote: post #670

So what’s the final outcome? A long prison sentence or a few years hanging out on appeal followed by a few years in a low security federal penitentiary and a long career doing speaking engagements and appearances? Holmes got 9 years, but her actions had severe real world effects on people. Is that the ceiling for SBF?

Post by gosub100 » Fri, Nov 03, 2023, 3:40 PM UTC

mnky9800n wrote: post #643

FFP999 wrote: post #393

> You’d think this MIT graduate would wise up, but he never did. The MIT campus has a major public road running through the middle of it, one of the busiest surface streets in the area. You don't have to stand there very long to see a crowd of students almost get hit by a car because they didn't look before they crossed the street. Point is, the old cliche is true, there really is such a thing as a person with a lot…

I typically think that what makes MIT the greatest is their marketing department. They do a lot of great things, but what they do best is telling everyone that they are the best.

Post by simplicio » Fri, Nov 03, 2023, 3:44 PM UTC

itsoktocry wrote: post #822

paulgb wrote: post #751

Earlier quoted context omitted.

Good find, but worth noting that this is accusing him of front-running when what he actually did was dumber and more criminal: using FTX customer deposits to cover losses on the Alameda side.

> what he actually did No, what he was charged with was using customer funds. I'm sure they did all kinds of shady things, including front-running customers.