Alright, well, now that that's done - let's go find all those people in the past threads who were saying things like SBF will never be arrested.
No, look forward and get Binance and the Tether guys.
SBF Arrested by Bahamian Authorities
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Re: SBF Arrested by Bahamian Authorities
#22Much 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.
SBF literally stole billions from a bank account. Not a very subtle crime.
Re: SBF Arrested by Bahamian Authorities
#23I guess this means he wont be testifying tomorrow ? https://techcrunch.com/2022/12/12/sbf-scheduled-to-testify-t...
Maybe this was the only way to ensure he testified
> Maybe this was the only way to ensure he testified
Nope, it doesn't make any sense to arrest him if the goal was to force him to testify in front of congress. Once he is placed under arrest then I'm pretty sure the house cannot make him testify if he is in custody, he becomes at the mercy of a judge and I imagine bail conditions will not allow him to talk in public about the case either.
Re: SBF Arrested by Bahamian Authorities
#24Alright, well, now that that's done - let's go find all those people in the past threads who were saying things like SBF will never be arrested.
Where "past" is about two hours ago.
Re: SBF Arrested by Bahamian Authorities
#25Much 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.
Nit: Madoff was faster, but that's because he confessed everything to his children.
Madoff was also planning to cash out and distribute the money he had left to family and friends. The FBI probably acted to prevent that
Re: SBF Arrested by Bahamian Authorities
#26Much 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.
SBF literally stole billions from a bank account. Not a very subtle crime.
He commingled bank accounts for two separate companies. It didn’t all go to him buying Lamborghinis
Re: SBF Arrested by Bahamian Authorities
#27Why did he stay in the bahamas? Was he allowed to travel?
I can't imagine why he wouldn't flee.
If i was committing ~9 figures worth of fraud, I would have huge stashes of 1oz gold bars buried in countries without extradition like Vietnam and venezuela.
He seems like he had no exit plan thought up.
Madoff got 150 years in prison, and i dont see any reason why SBF would get any less.
Re: SBF Arrested by Bahamian Authorities
#28[deleted]
Re: SBF Arrested by Bahamian Authorities
#29Hopefully we will see this as a powerful turning point, heralding an end to cryptocurrency, with all its false promises of financial utopia.
Turns out it was nothing more than a series of scams, and the ensuing court cases will prove this beyond a shadow of a doubt. This entire edifice will come crumbling down, and take this entire sordid industry with it. One can hope.
Re: SBF Arrested by Bahamian Authorities
#30Will people please stop calling this cretin by his cutesy name. This aura of personality over details of the operations of is a tell of a scammer.