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SBF Arrested by Bahamian Authorities

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Re: SBF Arrested by Bahamian Authorities

#841
post #212

Earlier quoted context omitted.

Can you explain what makes this so clear?

As others have mentioned, there is circumstantial evidence in that she was photoographed recently at a Lower Manhattan Starbucks quite close to the Southern District of New York (who would handle any Federal prosectuion like this as it realtes to securities fraud). But you have to look at the larger picture: The Federal prosectuion conviction rate is 95%. The Federal government is very good at getting prosectuions in…

> A criminal indictment represents the end of the investigation, not the beginning.

That's oversimplified, especially when dealing with wide ranging investigations into complex issues, as the many indictments (including successive, either superceding or in different districts or, in some cases, both) indictments of the same party in the course of, for an obvious recent example, the Mueller investigation attest.

Re: SBF Arrested by Bahamian Authorities

#842

Earlier quoted context omitted.

"But he would offer only limited details about the central questions swirling around him: whether FTX improperly used billions of dollars of customer funds to prop up a trading firm that he also founded, Alameda Research. The Justice Department and the S.E.C. are examining that relationship." Covers the first two. They refer to how intermingled they were several times. Its a major point of the article. "He lived in a…

Singer-songwriter, and former free medical clinic employee Charles "Charlie" Manson, who wrote at least one song eventually recorded by the Beach Boys, died earlier today. Despite not being present at the scene of any of the crimes, Manson, a victim of America's "cradle-to-prison pipeline" starting at age 5 when his parents were both incarcerated, and was allegedly raped at a reform school, was convicted on seven cha…

I love this!

Re: SBF Arrested by Bahamian Authorities

#843

Earlier quoted context omitted.

Same when comparing racial disparity in crime/prison.

National Crime Victimization Survey (NCVS) does a pretty good job. It compiles the stats through interviewing victims of crime, so they aren't coming from enforcement branches.

Aren't there lots of terrible crimes without a victim? Like smoking or growing plants, or owning an NFA restricted firearm item? So looking at victims may not tell the whole picture.

Re: SBF Arrested by Bahamian Authorities

#844

Earlier quoted context omitted.

Arrested is great progress. Now lets see him convicted and sentenced, and ideally not allowed to suicide his way out of the process.

I wouldn't call suicide a winning move.

Winning? No. But I would call it a form of escaping justice.

Re: SBF Arrested by Bahamian Authorities

#845

Earlier quoted context omitted.

Yes but it improves the odds of escaping with your livelihood. Good luck getting your assets out of the legacy financial system. It's much harder than memorizing a seed phrase or transporting minuscule hardware.

For most people including myself, carrying your entire net worth in the form of gold concealed on your person is easy.

Fair enough.

Re: SBF Arrested by Bahamian Authorities

#846
post #832

Earlier quoted context omitted.

We're talking about two different things SBF was going to testify. He was going to do it remotely. My issue is remotely was not an option before the pandemic. It was allowed during the pandemic for good reason, but now that reason doesn't exist anymore. Therefore, remote testifying should not be allowed anymore either...

So if someone says "I'll only testify remotely" congress should refuse?

Congress can legally compel you to appear - but they cannot compel you to say things against yourself (ie. incriminate yourself). You still have to show up... but you can just refuse to answer.

Re: SBF Arrested by Bahamian Authorities

#847
post #370
post #267

Earlier quoted context omitted.

As much as I think cryptocoins are stupid, to compare a literal child rapist and someone who ran a crypto exchange (even fraudulently) is completely beyond the pale.

See edit. TL;DR: Nowhere did I say that the alleged criminal acts of SBF of JE are "comparable". To say that is an extremely gross and unfathomable misunderstanding of what I was saying. I'm not sure why you would do that, to be very honest with you.

You did compare them. But the reason Jeffery Epstein was powerful was because of the rich people who were on his plane/participating in his activities. AFAIK he wasn't a huge political donor. SBF was just throwing money around, which tons of people do. For better or (mostly) worse, donations to PACs and campaigns are entirely legal and not corrupt (well, assuming you got the money legally in the first place)

Re: SBF Arrested by Bahamian Authorities

#848

Earlier quoted context omitted.

It uses the same tone that SBF uses when characterizing the situation as a complicate mixup instead of what it really is, deliberate fraud using customer funds to increase leverage. If you want to compare tone, you can look up any NYT article on FB https://www.nytimes.com/topic/company/facebook-inc . If you want something specific to compare, just take a look at the headline/subtitle which about as far as most people…

You're streching now from puff piece to "tone".

So you don't think you can present the same 2 sets of facts with different tone/connotation and achieve drastically different outcomes in public opinion?

Re: SBF Arrested by Bahamian Authorities

#849
post #798

Earlier quoted context omitted.

People are angry and they aren't seeing the immediate consequences they want. It's not just an SBF thing though, I suspect that various police dramas have given people a very skewed view.

You’re right, but the political angle reinforces this. Note the posting history of the people who’ve been most consistently performing outrage about this — they’re pretty reliably cued by whatever the right-wing media is currently pushing, and right now that’s emphasizing his donations to Democrats and the idea that he bought leniency. I’m sure the emotion is genuine but it’s being stoked by a party eager to go back…

There's a lot of outrage performers invested in crypto who want to make this about _anything besides crypto_.

So instead of people taking a close look at the crypto space and saying "wait, maybe a lot of these other projects are flawed", their anger gets focused on the press and the regulators. It's pretty ridiculous when you think about it -- is the NYTimes really responsible for FTX because the tone of their pieces wasn't sufficiently harsh? I'm skeptical.

Re: SBF Arrested by Bahamian Authorities

#850
post #798

Earlier quoted context omitted.

You’re right, but the political angle reinforces this. Note the posting history of the people who’ve been most consistently performing outrage about this — they’re pretty reliably cued by whatever the right-wing media is currently pushing, and right now that’s emphasizing his donations to Democrats and the idea that he bought leniency. I’m sure the emotion is genuine but it’s being stoked by a party eager to go back…

There's a lot of outrage performers invested in crypto who want to make this about _anything besides crypto_. So instead of people taking a close look at the crypto space and saying "wait, maybe a lot of these other projects are flawed", their anger gets focused on the press and the regulators. It's pretty ridiculous when you think about it -- is the NYTimes really responsible for FTX because the tone of their pieces…

Yes — I'd especially want people to point to their own past warnings about projects before they failed. The kind of stuff coming out about FTX means basically anyone who worked there could have blown the whistle but did not, and I'd be shocked if other people in the field didn't have some idea that things were not as solid as advertised.
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