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SBF Arrested by Bahamian Authorities

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Re: SBF Arrested by Bahamian Authorities

#131

Post by aliljet »

dereg wrote: post #104
rjbwork wrote: post #4

Much sooner than I expected. Figured it'd be a couple of years before the AG was secure enough in their case to bring charges. This is MUCH faster than Madoff or Holmes. Then again, he's been much more out in the open about everything. He pretty much laid the prosecution's case out to the public for them.

It's clear Caroline Ellison has turned against him. Stephanie Avakian, former SEC enforcement chief, is representing her in NY. I'm guessing they wouldn't have been able to file charges this quickly without Caroline becoming a cooperating witness.

Can you explain what makes this so clear?

Re: SBF Arrested by Bahamian Authorities

#133

Post by adasdasdas »

themitigating wrote: post #114
ravel-bar-foo wrote: post #51

Earlier quoted context omitted.

FWIW, most of the presige media (NYTimes, WaPo, WSJ) have been running puff pieces which parrot SBF's claims of ignorance without much if any fact checking or investigation.

Can you show an example of one article that is a puff piece?

https://www.nytimes.com/2022/11/14/technology/ftx-sam-bankma...

Re: SBF Arrested by Bahamian Authorities

#134

Post by donatj »

siftrics wrote: post #78
Gigachad wrote: post #62

Time to put all these frauds in jail and wrap up the crypto saga. Good practical demonstration why regulation and traditional finance work the way they do.

He could not have stolen the deposits in the manner he did if this was on-chain and the users self-custodied. Yes, DEXs exist.

Exactly this. If anything it goes to prove why crypto - namely properly decentralized crypto - is important.

Re: SBF Arrested by Bahamian Authorities

#136

Post by function_seven »

fasthands9 wrote: post #94
tenpies wrote: post #73

Earlier quoted context omitted.

Quoted post unavailable.

Yeah but that was a very shitty prediction. It appears the charges filed were by SDNY which if anything is known for being anti-Trump. Essentially a bunch of democrat appointed attorneys arrested him.

Not only shitty, but opposite of how you'd expect. When a high-profile donor does a high-profile crime—and when they're certainly not going to be a fundraiser in the future—the recipient of those donations has a lot of motivation to distance themselves from the fraudster, to be harsher in their actions, to respond to pressure and sever any perceived ties.

Re: SBF Arrested by Bahamian Authorities

#137

Post by whaleofatw2022 »

dereg wrote: post #104
rjbwork wrote: post #4

Much sooner than I expected. Figured it'd be a couple of years before the AG was secure enough in their case to bring charges. This is MUCH faster than Madoff or Holmes. Then again, he's been much more out in the open about everything. He pretty much laid the prosecution's case out to the public for them.

It's clear Caroline Ellison has turned against him. Stephanie Avakian, former SEC enforcement chief, is representing her in NY. I'm guessing they wouldn't have been able to file charges this quickly without Caroline becoming a cooperating witness.

One would hope whatever she gave them is bulletproof. Cons gonna con...

Re: SBF Arrested by Bahamian Authorities

#138

Post by chewz »

slimebot80 wrote: post #55

For all the struggles facing the democratic world, it's nice to know there is a stream of justice that prevails. In certain other large counties, this man would either be protected or jailed depending on what party he aligns to. Sure, you can say the same for USA, but with far less immediacy. Over time things tend to sort themselves out.

No post body was provided.

Re: SBF Arrested by Bahamian Authorities

#139

Post by favflam »

aliljet wrote: post #131
dereg wrote: post #104

Earlier quoted context omitted.

It's clear Caroline Ellison has turned against him. Stephanie Avakian, former SEC enforcement chief, is representing her in NY. I'm guessing they wouldn't have been able to file charges this quickly without Caroline becoming a cooperating witness.

Can you explain what makes this so clear?

1. Someone took a picture of her in a coffee shop down the street from the Manhattan FBI/US attorney office a few weeks ago (last week?). She is supposed to be in Hong Kong as that is where she was based.

2. BBG news article recently speculated some hot-shot lawyers have begun representing Caroline.

Re: SBF Arrested by Bahamian Authorities

#140

Post by bb88 »

JumpCrisscross wrote: post #91

SBF's public conduct over the past weeks, and alleged conduct over the past years, reinforces an image of unintelligence. Be it genuine stupidity, stimulants or both, he isn't top-of-the-doghouse material. (Granted, easy to say ex post facto .) The elephants in the room are Binance and Tether, together with certain high-profile investors. Taking some of these out could likely be worth a plea bargain. (For optics, he…

Anything less than 20 years will be a joke.
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