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SBF clearly cared more about being thought a fraudster in the court of public opinion than being found a fraudster in the court of, well, actual court.
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Dec 17, 2022 16:28
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kw0134 posted:The real explanation is the same as many people under the scrutiny of a criminal investigation: they think they can talk themselves out of trouble. There's an innocent explanation in their minds that will clear up this misunderstanding. Cops and prosecutors love these people because 99.999999999% of the time you're gonna gab yourself into a felony charge. And even if you don't tick the exact checkboxes, the criminal statutes are longer than you think and there's likely something they can throw at you by your admissions. I think it's really funny how SBF uses the exact same strategies as a teenager that caught robbing a convenience store with their friends. 1. Minimize involvement. "I was only in the car with them, I didn't know they had a gun! Okay, so i was the lookout, but I didn't plan it or anything. I didn't even go in the store!" 2. Put it all on someone else. "Robbie had the gun. He's crazy. He said he'd kill me if I didn't go through with it!" Except with SBF its. 1. "I was negligent but only unintentionally. Sure, okay, there were some accounting quirks and maybe they led to commingling of funds, but it was only because I was so busy." 2. "Now I'm not going to say it was Alamada stealing from FTX. I'm NOT putting this all on Caroline Ellison. That's not what I'm doing. But something fishy was going on in Alamada and it's all Caroline Ellisons fault." These people aren't clever or creative. They're no smarter than your average criminal and in many ways much dumber, at least seasoned criminals know to keep their mouth shut. "Can AND WILL be used against you." AND WILL motherfuckers. 2022 is the year of the meritocracy getting exposed.
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Dec 17, 2022 16:29
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A lot of it is that, like the person I quoted initially, is a fundamental misunderstanding of what the law is. Fraud is so broad that the only "intent" required is that you had to have known you were lying or otherwise misleading people. That's it. It's not that SBF "intended" to rip people off, it's very simply he made a statement, that statement was aimed at people to get them to give him money/property/business, and he knew that statement was false or misleading. All the post hoc explanations of what he did and why only dig the hole deeper, the simple fact is he claimed to have a process and lied about it. He knew he was lying because he tried to say that whatever the lapse was inadvertent but we don't give a poo poo why your standards weren't up to snuff, only that you knew that your standards were poo poo but still said it was good anyway to get people to give you money.
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Dec 17, 2022 16:35
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At this point, its safe to assume that every major exchange/crypto org is run by people like SBF. Its easy to see him as a character, but I truly think he's unremarkable in the line-up of silicon valley rejects that make up the crypto space. He's just the one that got caught first.
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Dec 17, 2022 16:42
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Trillhouse posted:
The most hilarious possible outcome would be, as the rumours persist, while he's been attempting to throw her under the bus. She's actually been throwing him under the bus by spilling everything to the feds in return for a plea deal.
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Dec 17, 2022 17:04
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Deptfordx posted:The most hilarious possible outcome would be, as the rumours persist, while he's been attempting to throw her under the bus. She's actually been throwing him under the bus by spilling everything to the feds in return for a plea deal. Yeah she hired a white-shoe lawfirm that specializes in plea deals apparently. Unlike SBF, she knew to keep her mouth shut and threw him under the bus with actual conviction, so she'll probably get off light. THIS person is the smarter of the two lol.
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Dec 17, 2022 17:16
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tbf she looks smarter
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Dec 17, 2022 17:25
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Wonder if the other senior
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Dec 17, 2022 17:33
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The risk of being the so-called mastermind is that no prosecutor wants to take down a mere lieutenant, so having that lieutenant turn state's evidence is a well-worn playbook that practically clicks into place on the white collar crime cliche bingo card. Edit: ^^^ almost certainly this will be the start of a bunch of people going to jail. Conspiracies to commit fraud by definition require another person to conspire with, but most of SBF's unindicted conspirators haven't been blabbing mycrimes.mov to anyone who would listen, so their cases are going to take the more usual length of time. kw0134 fucked around with this message at 17:39 on Dec 17, 2022 |
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Dec 17, 2022 17:33
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graventy posted:tbf she looks smarter
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Dec 17, 2022 17:45
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Strong 'Akshully, I'm Ravenclaw' energy.
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Dec 17, 2022 17:46
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can't get over how giant that picture makes her look
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Dec 17, 2022 17:50
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Boxturret posted:can't get over how giant that picture makes her look lol its so good. she's like 5'0" IRL too. In other news...this seems familiar. https://twitter.com/edzitron/status/1604155626187153408
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Dec 17, 2022 18:25
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Binance 17 and Binance 18? Why, they are my favourite Binances!
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Dec 17, 2022 18:27
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Bi-nance Of course there's 2 of them. It's right in the name.
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Dec 17, 2022 18:42
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Bis Nance
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Dec 17, 2022 18:47
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I cannot believe how brain dead you would have to be to leave your coins/cash sitting on an exchange right now. Even if you are 100% all in on crypto there has to be a part of you that wants to cold-store everything until exchanges stop collapsing for a few weeks.
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Dec 17, 2022 19:00
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Trillhouse posted:Yeah she hired a white-shoe lawfirm that specializes in plea deals apparently. Unlike SBF, she knew to keep her mouth shut and threw him under the bus with actual conviction, so she'll probably get off light. And HE'S the one with two Stanford law professor parents, lol.
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Dec 17, 2022 19:09
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Rotten Red Rod posted:And HE'S the one with two Stanford law professor parents, lol. i think she also has professor parents lol
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Dec 17, 2022 19:13
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I love that photo because she is wearing the most new-money outfit that has maybe ever existed.
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Dec 17, 2022 19:17
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Boxturret posted:i think she also has professor parents lol She does, her dad is the chair of the MIT econ department which makes it even funnier that Alameda was so loving bad at being a hedge fund.
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Dec 17, 2022 19:19
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people with serious parents rebel by being hippies people with hippy parents rebel by being serious people with professor lawyer finance parents rebel by being as dumb with money as possible
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Dec 17, 2022 19:22
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Salt Fish posted:I love that photo because she is wearing the most new-money outfit that has maybe ever existed. kinda looks like shes going to audition to be a backup dancer for a razzlekhan music video
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Dec 17, 2022 19:26
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Still no SBF - Caroline sex tape. (USER WAS PUT ON PROBATION FOR THIS POST)
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Dec 17, 2022 19:27
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I would blow Dane Cook posted:Still no SBF - Caroline sex tape. Are you disappointed?
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Dec 17, 2022 19:29
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I would blow Dane Cook posted:Still no SBF - Caroline sex tape. 
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Dec 17, 2022 19:29
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I would blow Dane Cook posted:Still no SBF - Caroline sex tape. Just slap a couple of raw turkeys together and film it yourself.
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Dec 17, 2022 19:41
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I always thought the sex tape was fake. The person claiming to have it wouldn’t release it unless “more eyes were on it” which was asinine. It would go viral instantly if it were real moron.
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Dec 17, 2022 19:47
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I would blow Dane Cook posted:Still no SBF - Caroline sex tape. Ultimately the biggest tragedy in all of this
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Dec 17, 2022 19:52
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Trillhouse posted:Yeah she hired a white-shoe lawfirm that specializes in plea deals apparently. Unlike SBF, she knew to keep her mouth shut and threw him under the bus with actual conviction, so she'll probably get off light. By white-shoe lawyers do you mean the shoes are sneakers or are they like fancy spectator brogues or tapdancing spats please tell me this it is vitally important to me quote:THIS person is the smarter of the two lol. Did the textures on her clothes fail to load?
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Dec 17, 2022 20:11
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This has to be a photoshop. The lighting on her face looks wrong to me.
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Dec 17, 2022 20:55
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Murderion posted:Did the textures on her clothes fail to load? Usually that means the graphics card is overheating, which shouldn't be a surprise considering where she probably got it from.
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Dec 17, 2022 21:09
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Murderion posted:By white-shoe lawyers do you mean the shoes are sneakers or are they like fancy spectator brogues or tapdancing spats please tell me this it is vitally important to me More like what happened when a dog throws up after eating a ball of yarn
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Dec 17, 2022 21:28
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Paladinus posted:Binance 17 and Binance 18? Why, they are my favourite Binances! Two good vintages. Can't go wrong with either. Just make sure you open em up before the feds show up; no booze allowed in prison after all.
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Dec 17, 2022 21:40
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Scam Likely posted:Now that they've opened the floodgates on sports gambling, this only seems natural given how commercial breaks are already flooded with extremely manipulative and questionable gambling ads. Over the past few months I've grown to find the sports gambling boom significantly more terrifying then the crypto ponzi boom. There is much much more real money in sports gambling, it's going to gently caress over many more people on earth. And all that money is going to go to some of the most evil people on earth. There is a 100% chance that Peter Thiel has their finger in the sports gambling pie, and they are going to leverage it to bring about their blood drinking fascist dreams.
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Dec 17, 2022 22:59
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One of my favorite scams is in sports betting. You need several dozen marks to pull it off, but you tell half of them to bet on one team and half to bet on the other. Then you split the marks who won into two groups. Again you tell half to bet on one team and half to bet on another. You repeat this until you have the last mark standing. The last mark in your cohort is flush with cash because you just won them several bets in a row. You tell them this next bet is a sure thing and all they need to do is send you some money and you'll place the bet for them. Ludwig, one of the largest streamers on twitch, fell for exactly this scam and gave a guy 100,000 in crypto (lmfao) to bet on a tennis match and he just ran off with it.
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Dec 17, 2022 23:12
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Murderion posted:By white-shoe lawyers do you mean the shoes are sneakers or are they like fancy spectator brogues or tapdancing spats please tell me this it is vitally important to me The white-shoe firms are basically the oldest, most expensive and prestigious firms around.
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Dec 17, 2022 23:24
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Splicer posted:Yeah that's the look of someone used to weaponizing other people's tendency to underestimate them. Except it turns out she's as inept, in fact more so, than she looks
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Dec 17, 2022 23:40
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Murderion posted:By white-shoe lawyers do you mean the shoes are sneakers or are they like fancy spectator brogues or tapdancing spats please tell me this it is vitally important to me White-shoe firm: quote:A white-shoe firm is an American term used to describe prestigious professional services firms that have traditionally been associated with the upper-class elite who graduated from Ivy League colleges. The term is most often used to describe leading old-line law firms and Wall Street financial institutions, as well as accounting firms that are over a century old, typically in New York City and Boston. I've only ever heard of white shoe law firms but I guess that means I'm just not the sort of person those accounting firms are looking to reach.
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Dec 18, 2022 00:14
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Murderion posted:Did the textures on her clothes fail to load? What's depressing is these clothes probably cost more they what I earn in a year, she is wearing something out of a Louis Vuitton line. gently caress I bet her bag alone is worth that.
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Dec 18, 2022 00:36
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