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SBF Arrested by Bahamian Authorities

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Re: SBF Arrested by Bahamian Authorities

#61

Post by cm2187 »

object-a wrote: post #13
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.

People were mad that he kept getting invitations to speak, but I bet all those interviews and comments show up in evidence.

Don't think people were mad about interviews, in fact there are many questions people expect him to answer. They were mad about puff pieces.

Re: SBF Arrested by Bahamian Authorities

#64

Post by function_seven »

throw_m239339 wrote: post #33
jazzyjackson wrote: post #32

Earlier quoted context omitted.

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".

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

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

Jury: "We don't buy it. Guilty"

Re: SBF Arrested by Bahamian Authorities

#65

Post by 0cf8612b2e1e »

LudwigNagasena wrote: post #41
323 wrote: post #31

Earlier quoted context omitted.

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 Baham…

Surely he had enough money to order a private jet or yacht or both.

He could have just incognito slipped aboard a fishing vessel. Grease the right palms and his tails, “Could not believe he gave us the slip”

Re: SBF Arrested by Bahamian Authorities

#66

Post by gitfan86 »

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 doesn't matter. Taking deposits and investments from US citizens and then buying a 10 million dollar home for your parents with money from that company without your customers' permission is going to bring charges from regulators or a law enforcement agency.

He can claim it was just a mistake and an accounting error if he wants, but the judge and jury will have final say if he goes to jail.

Re: SBF Arrested by Bahamian Authorities

#67

Post by [deleted] »

beambot wrote: post #45
throw_m239339 wrote: post #23

Earlier quoted context omitted.

> 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.

If Congress issued a subpoena, why would any judge reasonably withhold a willing detainee? Also, it what universe would bail make sense for such an obvious flight risk?

[deleted]

Re: SBF Arrested by Bahamian Authorities

#68

Post by paulusthe »

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 Bahamas, not the US. He could still be prosecuted here for crimes committed here.
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