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Trump pardons convicted Binance founder

wsj.com

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Re: Trump pardons convicted Binance founder

#271

Earlier quoted context omitted.

He was pretty explicit about the reason why. He feared Trump would force the DOJ to prosecute them. And, based on what Trump's done so far with the DOJ and his enemies, he was right to do so.

"My president is right to pardon whoever it likes, but not your president.. " I think this whole pardoning thing should go away. It makes the presidents Kings.

If the goal of the pardon was to handle a corrupt Judicial branch, then a better answer would have been for the Executive branch to nominate someone for a pardon to the Legislative and require a 2/3 majority of the Legislative to approve.

But something like that would fly in the face of the "Unitary Executive" insanity and would (I suspect) require a constitutional amendment, which is no longer remotely feasible.

Re: Trump pardons convicted Binance founder

#272

A part of me despises this orange guy, another part is thankful that he is there as a proof that you can get to a high status and high relevance role in society and still mantain your humanity, your inner child alive, not being robotic and just have a blast doing whatever the f you want. There is no point getting to the top if you then lose all your humanity and playfulness. Like if the condition to become President…

I see child, I don‘t see humanity.

Re: Trump pardons convicted Binance founder

#273

I cannot comprehend how half of Americans are fine with this corrupt leader? He even does this bizarre maffia like deals out in the open for his own interest, that's how confident he is no one will say anything The message is clear from his circus administration, you can do anything as long as you bribe them

Hi, Trump voter here. I'm NOT fine with this.

You knew who he is, and you voted for him anyway. You really didn't see this kind of rampant corruption coming from his 2nd term?

Re: Trump pardons convicted Binance founder

#274

I cannot comprehend how half of Americans are fine with this corrupt leader? He even does this bizarre maffia like deals out in the open for his own interest, that's how confident he is no one will say anything The message is clear from his circus administration, you can do anything as long as you bribe them

He pardoned the guy from Nikola, Trevor Milton, that staged a product demo to trick investors.

Why? Milton hired Pam Bondi's (the US attorney general's) brother to represent him.

Re: Trump pardons convicted Binance founder

#275

Earlier quoted context omitted.

The prosecution was not political lol, he went out of his way to support money laundering on the Binance platform. The reason he complied with the prosecution and pled guilty rather than try to fight it out in court was that they were able to produce a ton of evidence that he deliberately ignored regulators and regulations designed to prevent money laundering in order to make money off sanctioned groups and criminal…

Balaji was the former CTO of a rival company. Wouldn't he be incentivized to not support CZ?

No. The entire crypto ecosystem requires a steady infusion of capital and an absence of regulations to prosper, since their primary use case outside of speculation is for handling money by people who can't get past normal KYC/AML checks. If those people no longer have anywhere to on/off ramp into the crypto ecosystem, most of its "legitimate" (in the sense of actually getting real value out of it rather than just speculating) use goes away.

Re: Trump pardons convicted Binance founder

#276

I cannot comprehend how half of Americans are fine with this corrupt leader? He even does this bizarre maffia like deals out in the open for his own interest, that's how confident he is no one will say anything The message is clear from his circus administration, you can do anything as long as you bribe them

Hi, Trump voter here. I'm NOT fine with this.

[dead]

Re: Trump pardons convicted Binance founder

#277
post #272

A part of me despises this orange guy, another part is thankful that he is there as a proof that you can get to a high status and high relevance role in society and still mantain your humanity, your inner child alive, not being robotic and just have a blast doing whatever the f you want. There is no point getting to the top if you then lose all your humanity and playfulness. Like if the condition to become President…

I see child, I don‘t see humanity.

They are synonymous really.

Re: Trump pardons convicted Binance founder

#278
post #153

Earlier quoted context omitted.

Only 16% but rising fast. https://polymarket.com/event/sbf-released-from-custody-in-20...

This particular market is too illiquid to mean anything. Right now, there is only about $500 in liquidity if you wanted to buy in at the 20% ask with a market order. After that the next sell limit order it as 96%.

2m in outstanding volume on Kalshi: https://kalshi.com/markets/kxtrumppardon/trump-pardons/kxtru...

Re: Trump pardons convicted Binance founder

#279
post #233

The pardon power has been so abused these past few administrations that it's clear there should be constitutional changes in the pardon power, either congressional review, or strip it altogether.

[flagged]

Nope, Biden pardoning his son was also widely condemned across the political spectrum as an abuse of the pardon power.
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