331–340 of 886 posts
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.
Quoted post unavailable.
Earlier quoted context omitted.
Hm... does that mean she gets away scot-free? Not sure that's fair, she seems very complicit.
I haven’t seen any evidence Alameda itself committed any crime, only that they were terrible traders and lost many billions on margin through FTX, who gave them special treatment for collateral. SBF then tried to bail them out with FTX customer funds since he owned both. I think Ellison will get off scot free since she only controlled Alameda, and not entirely. Her crimes are probably minor and worth forgiving for he…
Earlier quoted context omitted.
The political donations that demonstrate high corruption within government and will prevent him from facing consequences…or something.
Ah, remember those times that crypto was heralded as some sort of wedge against "2008-level government sponsored corruption? , That was a nice thought while it lasted. Don't get me wrong though, I'd say 2008 was blamed a lot on an industry that largely played fairly outside of some truly revolting players. Letting too many bent actors get away with their misgivings emboldens the next generation, and you could certain…
How did any of that change exactly?
That 2008 style Wallstreet corruption is bigger than ever, it's just a matter of time before the world sees that the upcoming/ongoing inflation is not actually "due to the war in Europe and Covid".
Earlier quoted context omitted.
According the US Dept of State[0], Venezuela has an extradition treaty with the US, apparently since 1923. All North and South American countries do. All Caribbean countries too. Even Cuba. Parts of Africa and Asia look pretty safe. Madagascar is nice this time of year. 0. https://2009-2017.state.gov/documents/organization/71600.pdf
Just because a country doesn't have an extradition treaty doesn't mean it won't extradite on a case by case basis. The vast majority of countries are signed on to at least one international treaty that covers extradition like the United Nations Convention against Corruption. People like Ghosan are safe because they flee to countries that won't extradite their own nationals as a matter of long standing policy. They ha…
This is good for Crypto. Seriously. Because SBF is probably going to help the US make their case against Binance and that will flush out all the bad actors. Many coins will go to zero. The entire ecosystem will wither and die, but if Crypto survives it will be because there is some fundamental value to it besides digital beanie babies.
Why would the Bahamian government risk their relations with the US over someone like SBF? Kinda absurd...
This article has some context, including this part about possible penalties if found guilty: > Legal experts told CNBC that if the federal government pursues wire or bank fraud charges, Bankman-Fried could face life in prison without the possibility of supervised release. Such a severe punishment would be unusual but not extraordinary. Ponzi scheme mastermind Bernie Madoff was sentenced to 150 years in prison, an eff…
Madoff got a long sentence, but lets not forget that 'legal experts' were predicting a pretty long sentence for Elizabeth Holmes, too, based on federal formulas. It's optimistic at this early stage to legitimately expect SBF to get life behind bars.