691–700 of 748 posts
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He should not go to prison for life. Nobody should ever go to prison for life, for wasting money. Money is literally made up. Sure, opportunity cost is real, but seriously nobody should ever lose their life for money.
He stole billions of possible retirement money. Of course he should go to prison for life.
Here is SBF's full statement: https://www.forbes.com/sites/stevenehrlich/2022/12/13/exclus... Worth a read
This part's pretty incorrigible: "I have potentially pertinent information concerning future opportunities and financing for FTX and its creditors."
Sorry I don't understand. Can you elaborate?
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His Ponzi scheme started in 1991. Ponzi schemes are exponential, so more than 90% of the volume was after 2002. What's with the leading zeros?
the leading zeros are a sign that the poster is unusually short-sighted and only concerned about the next 98,000 years or so in their fixed-size date representations. before i get tarred and feathered, i'm just going for a cheap ironic laugh here, no offense intended! :) more seriously, i sorta doubt humanity is going to be around long enough to care, and if we are, the odds of some apocalypse resetting our calendars…
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I'm not familiar with what you are referring to, however I would argue that attempted assassination losing custodial funds.
DPR == Dread Pirate Roberts == Ross Ulbricht (Silk Road operator)
FBI agents who were proven to have access to that handle are also in prison for it. There's no 1:1 "Ross is DPR," and that's part of the problem.
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Maybe they already got their millions secured away in some untouchable country and don't really care what happens at this point.
They were already quite well off, now their son is in trouble. "My son is going to prison but I have secured my millions so it's fine" is generally not a thing.
I'll restrict my comment to condemning the empty cynicism behind Elon Musk's tweet [1] that, because SBF donated to Democrats, there would be no investigation of SBF, much less an indictment. And AFAIK Elon Musk hasn't publicly admitted that he was wrong. [1] https://nitter.net/elonmusk/status/1591822387267665921
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Surely by then we'll have had a powerful enough pope to rename the months at least once.
My hope is that some programmer dictator will instate a form of the discordian calender: - All 5 seasons are the same length - The days of the year always fall on the same week day, as the week is 5 days long - the year always starts with the first day of the week. - the leap day is not assigned a day Things I would change though: - start the year at winter solstice. - put the leap day at the end of the year. https:/…
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Not particularly. He had gained notoriety due to other behavior (raising drug prices to fund other drug research, his attitude during his Congressional testimony and media appearances, etc.), but it sounds like his fraud [or whatever he was specifically found guilty of] was very cut-and-dry against SEC and other relevant rules.
"On December 17, 2015, Shkreli was arrested by the FBI after a federal indictment in the U.S. District Court for the Eastern District of New York was filed, charging him with securities fraud. The charges were filed after an investigation into his tenure at MSMB Capital Management and Retrophin. U.S. Attorney Robert Capers said, "Shkreli essentially ran his company like a Ponzi scheme where he used each subsequent co…
This is a great example of a public show trial, where they basically make an example of someone while allowing companies to engage in the same disgusting behavior without any attempt to discourage it.
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Not particularly. He had gained notoriety due to other behavior (raising drug prices to fund other drug research, his attitude during his Congressional testimony and media appearances, etc.), but it sounds like his fraud [or whatever he was specifically found guilty of] was very cut-and-dry against SEC and other relevant rules.
"On December 17, 2015, Shkreli was arrested by the FBI after a federal indictment in the U.S. District Court for the Eastern District of New York was filed, charging him with securities fraud. The charges were filed after an investigation into his tenure at MSMB Capital Management and Retrophin. U.S. Attorney Robert Capers said, "Shkreli essentially ran his company like a Ponzi scheme where he used each subsequent co…