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The United States of America vs. Samuel Bankman-Fried Indictment [pdf]

justice.gov

41–50 of 748 posts

Re: The United States of America vs. Samuel Bankman-Fried Indictment [pdf]

#41

> "did transmit and cause to be transmitted by wire, radio, and television communication" Note to self: Remember to use only free-space lightwave communications to avoid committing wire fraud. Edit: Removed "fiber" because it looks too much like a wire and avoid being busted by outside1234!

Carrier pigeons should still work.

Re: The United States of America vs. Samuel Bankman-Fried Indictment [pdf]

#42
What are these campaign finance charges doing here? They seem to be completely unrelated to the FTX collapse, he is accused of bypassing campigan finance limits by donating under other people's names.

Was he already under investigation for these, or was it something they discovered while investigating FTX?

Re: The United States of America vs. Samuel Bankman-Fried Indictment [pdf]

#43
post #34

Earlier quoted context omitted.

It means that they have identified acts back to 2019 but are not foreclosing on finding more acts earlier.

Things that happened earlier than 2019 have dates less than 2019, no?

The law is definitely not a formal grammar like we have in computer languages, yes. :)

Re: The United States of America vs. Samuel Bankman-Fried Indictment [pdf]

#44

Earlier quoted context omitted.

I don't pity SBF, but this advice is important for innocent citizens. It's unfortunate that anything you say to law enforcement can be used against you - but none of it can be used for you. A police officer can testify against you, but if they try to support you it will be dismissed as "hearsay".

https://m.youtube.com/watch?v=d-7o9xYp7eE obligatory “don’t talk to the police” link.

I'm impressed it took a whole 33 minutes for this to be linked!

Re: The United States of America vs. Samuel Bankman-Fried Indictment [pdf]

#45
post #41

> "did transmit and cause to be transmitted by wire, radio, and television communication" Note to self: Remember to use only free-space lightwave communications to avoid committing wire fraud. Edit: Removed "fiber" because it looks too much like a wire and avoid being busted by outside1234!

Carrier pigeons should still work.

Then you have to worry about falcons, or Blackadder. Smoke signs, maybe... but then you have to worry about the weather and wild fires... Seems they thought that one through!

Re: The United States of America vs. Samuel Bankman-Fried Indictment [pdf]

#46

Earlier quoted context omitted.

I don't pity SBF, but this advice is important for innocent citizens. It's unfortunate that anything you say to law enforcement can be used against you - but none of it can be used for you. A police officer can testify against you, but if they try to support you it will be dismissed as "hearsay".

If an officer testified in support of you about what he witnessed, why would that be hearsay?

If you tell a police officer that you did a crime, then your words are admissible as evidence against you. If you tell a police officer that you did not commit a crime, you can't have the police officer testify in your defense that you told him that you did not commit the crime.

Witnessing things is a completely different matter.

Re: The United States of America vs. Samuel Bankman-Fried Indictment [pdf]

#47
post #42

What are these campaign finance charges doing here? They seem to be completely unrelated to the FTX collapse, he is accused of bypassing campigan finance limits by donating under other people's names. Was he already under investigation for these, or was it something they discovered while investigating FTX?

> What are these campaign finance charges doing here?

If police get a warrant to search your basement for heroin and find a pile of dead bodies, what do you think happens next?

Re: The United States of America vs. Samuel Bankman-Fried Indictment [pdf]

#48

So 4 counts on wire fraud and then also commodities fraud, securities fraud, money laundering and campaign finance laws. For the moment, if we set aside whether these will be proven, how bad does a stack of charges like this look for him if they are proven?

Knowing how connected the guy is, I'm guessing he'll only serve a few years at most. I sincerely hope I'm mistaken.

Being extraordinarily connected did not help Madoff much: he was sentenced to 150 years in prison and died there last year.

Re: The United States of America vs. Samuel Bankman-Fried Indictment [pdf]

#49

Earlier quoted context omitted.

I don't pity SBF, but this advice is important for innocent citizens. It's unfortunate that anything you say to law enforcement can be used against you - but none of it can be used for you. A police officer can testify against you, but if they try to support you it will be dismissed as "hearsay".

If an officer testified in support of you about what he witnessed, why would that be hearsay?

Because hearsay is an out-of-court statement, but there are exceptions, including a statement against the person's interest. FRE 804(b)(3).*

In other words, if you try to introduce an out-of-court statement that supports your case, it's hearsay; if the statement is against your interest, it's allowable.

Of course there are other exceptions and nuances, but this is the jist of it.

* https://www.rulesofevidence.org/article-viii/rule-804/

Re: The United States of America vs. Samuel Bankman-Fried Indictment [pdf]

#50

How anyone could look at this man's behavior over the last few weeks and not think he was on a fast track to a federal penitentiary is beyond me. A word to the unwise: If you have done something, anything, that you have a credible reason to believe the United States government thinks is illegal, shut up . Do not do any of the following: * Go on a podcast and talk about it * Go on a Twitter livestream and talk about i…

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