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SBF Arrested by Bahamian Authorities

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Re: SBF Arrested by Bahamian Authorities

#31

Post by 323 »

mardifoufs wrote: post #7

Why did he stay in the bahamas? Was he allowed to travel?

It's an island. Tough to get off even if not arrested. I'm sure if he tried to get on a plane all kinds of "problems" would have appeared (computer not working, ...) If he tried a boat, "oh look, it's leaking oil, we can't let it leave and pollute the waters".

Bahamas will have absolutely not let him get out of their sight. They have so much egg on their face.

I can even see the titles if he left "Did he bribed Bahamas officials to look the other way?" ...

Re: SBF Arrested by Bahamian Authorities

#32

Post by jazzyjackson »

throw_m239339 wrote: post #12

Just one day before the hearing at the US house? very interesting. Why not let him talk if he was going to incriminate himself more? Somebody sure didn't want him to talk tomorrow...

Whatever, he's been talking plenty in Twitter Spaces, pretty much confessing to co-mingling funds.

Re: SBF Arrested by Bahamian Authorities

#33

Post by throw_m239339 »

jazzyjackson wrote: post #32
throw_m239339 wrote: post #12

Just one day before the hearing at the US house? very interesting. Why not let him talk if he was going to incriminate himself more? Somebody sure didn't want him to talk tomorrow...

Whatever, he's been talking plenty in Twitter Spaces, pretty much confessing to co-mingling funds.

> Whatever, he's been talking plenty in Twitter Spaces, pretty much confessing to co-mingling funds.

None of that was under auth.

"the prosecutor: but you said this on Twitter?"

"SBF: I was no longer the CEO of FTX and I was just kidding".

Re: SBF Arrested by Bahamian Authorities

#34

Post by rjbwork »

chrchang523 wrote: post #14
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.

Nit: Madoff was faster, but that's because he confessed everything to his children.

You're right. I was thinking of the 3 months between the arrest and the sentencing, not the collapse and arrest. You'll have to forgive a memory 13 years hence. ;)

Re: SBF Arrested by Bahamian Authorities

#37

Post by CSMastermind »

throw_m239339 wrote: post #12

Just one day before the hearing at the US house? very interesting. Why not let him talk if he was going to incriminate himself more? Somebody sure didn't want him to talk tomorrow...

Or the feds knew he was secretly planning to flee or something else. Hard to tell.

Though I do wish he had testified and further incremented himself.

Re: SBF Arrested by Bahamian Authorities

#39

Post by simple-thoughts »

mardifoufs wrote: post #7

Why did he stay in the bahamas? Was he allowed to travel?

Seems a bit ignorant of politics. For instance he planned to travel to Dubai which would obviously extradite him. Silver spoon son of Stanford profs probably thought his donations made him invulnerable. Thankfully it’s embarrassing enough to the right people that he is wrong.

Re: SBF Arrested by Bahamian Authorities

#40

Post by _jal »

FormerBandmate wrote: post #26
323 wrote: post #22

Earlier quoted context omitted.

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

> It didn’t all go to him buying Lamborghinis

Beachfront properties, random companies, journalists... but no Lamborghinis.

Got it.

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