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Bleusilences posted: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. weird part is the wrist watch who wears a watch these days. https://www.youtube.com/watch?v=EpGDxv3U6m0 also midnights edge had a stupid theory that disney was in on FTX....lol....then something weird igers name gets mentioned. at like 8 minute mark
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Dec 18, 2022 00:39
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MickeyFinn posted:This has to be a photoshop. The lighting on her face looks wrong to me. The original is from a different crypto fraud: https://twitter.com/RichardHeartWin/status/1560347968447840262
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Dec 18, 2022 00:43
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sat on my keys! posted: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. I dunno, gels with everything I've ever heard about Western economics.
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Dec 18, 2022 01:16
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that's one bored ape
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Dec 18, 2022 01:30
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Boxturret posted:imagine a mutated trump nft series, his eyeballs popping out, all sorts of skin diseases, his flesh melting off, just think of the value That would be a way to expand their market. If you don't like Trump, you can apply a "Horrific Mutation Juice" to your NFT, and mint a new mutilated Trump.
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Dec 18, 2022 02:17
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I would blow Dane Cook posted:Still no SBF - Caroline sex tape. Small mercies.
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Dec 18, 2022 02:51
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Enough money to hire a personal tailor who knows what you mean when you ask for "that JoJo look," not enough to hire one who can actually pull it off.
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Dec 18, 2022 03:48
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https://twitter.com/Bitfinexed/status/1604258835908001793 As articulately pointed out elsewhere: "why he look like doughboy bebop"
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Dec 18, 2022 05:20
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SBF literally could not stop playing League of Legends on his twitter space apology calls his dopamine receptors are completely fried he is in agony in jail.
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Dec 18, 2022 09:30
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Elden Lord Godfrey posted:SBF literally could not stop playing League of Legends on his twitter space apology calls his dopamine receptors are completely fried he is in agony in jail. https://twitter.com/aoc/status/1592339195720134657
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Dec 18, 2022 09:38
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I'll play DotA during meetings for billions of VC money, HMU
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Dec 18, 2022 09:53
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poo poo i've been playing videogames in meetings for years. It's called Work from home and muting your microphone.
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Dec 18, 2022 10:44
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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 refers to the grade of lawyer a certain former reality TV host hasn't been able to hire in several years https://abovethelaw.com/2022/09/donald-trump-has-the-kind-of-lawyers-you-get-when-you-offer-to-pay-your-attorneys-in-livestock-if-at-all/
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Dec 18, 2022 11:57
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He fully expects to be let out on bail, or go to trial quickly and be found innocent, doesn't he? What's the usual sort of sentence for the charges he's facing? 10-20 years?
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Dec 18, 2022 12:10
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Dec 18, 2022 12:17
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Clarence posted:He fully expects to be let out on bail, or go to trial quickly and be found innocent, doesn't he? Madoff got 150 years, Theranos lady got 17, anyone's guess really
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Dec 18, 2022 12:21
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Failkids are allowed to play with money, even rich people's money, they have to piss off someone real powerful real hard to get more than a smack on the wrist.
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Dec 18, 2022 12:42
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Extremely funny that this idiot spent weeks running his mouth off and incriminating himself and he’s now had the tiniest taste of life in the slammer and shat his pants immediately.
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Dec 18, 2022 12:57
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Think how horrible this must be for him. His only entertainment is the one he hates most... Books.
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Dec 18, 2022 14:13
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League of Legend popup book
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Dec 18, 2022 14:16
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if hideo kojima made a video game that subtly critiques capitalism, there would be a character called Bank Fraudman
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Dec 18, 2022 14:20
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sebmojo posted:Madoff got 150 years, Theranos lady got 17, anyone's guess really Holmes got 11, didn’t she? Balwani got 13
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Dec 18, 2022 15:52
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Holmes also didn't use the stolen money to enrich herself, which apparently matters a lot for sentencing. SBF bought all sorts of mansions and poo poo with his money.
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Dec 18, 2022 16:03
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Trillhouse posted:Holmes also didn't use the stolen money to enrich herself, which apparently matters a lot for sentencing. shrimp, he bought millions of shrimp and ate them. because he's vegan.
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Dec 18, 2022 16:18
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it's okay to eat shrimp 'cuz they don't have any feelings
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Dec 18, 2022 16:24
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LifeSunDeath posted:shrimp, he bought millions of shrimp and ate them. Makes sense, since he was a crypto whale.
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Dec 18, 2022 16:31
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https://www.washingtonpost.com/nation/2022/12/17/sbf-prison-bahamas/quote:NASSAU, Bahamas — Sam Bankman-Fried, the disgraced and indicted former cryptocurrency executive, spends his days in a Bahamian jail watching movies and reading news articles about himself, holding out a sliver of hope that he will be granted bail and soon leave, according to a prison official who interacts with him on a regular basis. Missed this article that explains what his stay in prison is like.
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Dec 18, 2022 16:31
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Rotten Red Rod posted:Think how horrible this must be for him. His only entertainment is the one he hates most... Books. https://www.youtube.com/watch?v=gkS9EO42UVQ
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Dec 18, 2022 16:41
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The various wire frauds have sentencing maxes of 30 years, so per the sentencing guidelines, with an economic loss of greater than $550 million without any prior criminal history that's an offense level of 37 with a band of 210-262 months (17.5 to 22 years) per charge. However, this starts getting into sentencing alchemy that I'm not really qualified to make confident statements about what he'll actually get, but the gist is that he's in serious trouble. Also unlike Holmes I seriously doubt that the case will be very complex, since the fraud was straightforward and there are so many incriminating statements.
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Dec 18, 2022 16:43
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So will the number of counts of fraud be per user or per transaction?
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Dec 18, 2022 16:47
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Elden Lord Godfrey posted:SBF literally could not stop playing League of Legends on his twitter space apology calls his dopamine receptors are completely fried he is in agony in jail. his reddit ama will be legendary
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Dec 18, 2022 16:51
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In the case of fraud like this usually it's per "type" basis. If I advertise that my FDIC insured bank is super duper secure while knowing it's a shack in the middle of the woods that the FDIC has no idea about, and I get 100 depositors, that's one count of wire fraud and a count of bank related fraud. Madoff made multiple different misrepresentations to multiple different types of parties over an extended period of time, which is why he got nailed with so many different charges. Same with Holmes. SBF (so far) is being nailed for lying about how he would handle customer funds, plus campaign related stuff. Maybe we'll get a superceding indictment that piles it on more, but odds are there's enough low-hanging fruit in the current one to put him away for a long time.
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Dec 18, 2022 16:55
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https://twitter.com/DataFinnovation/status/1604423045564682241?t=0avn2inCyc0eIURB-vbLXg&s=19
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Dec 18, 2022 16:58
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it's just nice to see "never talk without a lawyer" be validated by some of his statements after the crash showing up in the indictments. people were seriously thinking he was getting away with it and that his stupid "plan" was working. meanwhile, actual lawyers were like "woah he just gave mens rea out. just blurted it out."
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Dec 18, 2022 17:00
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Trillhouse posted:Holmes also didn't use the stolen money to enrich herself, which apparently matters a lot for sentencing. Holmes was loving with peoples healthcare though, not just their funny internet money. Bankman-Fried is also young and dumb enough that he might be able to get off light. Really depends on what they find in the investigation. I'm sure they're going to dig up quite a bit of slimy behavior by him that will undermine this idea of him being naive. We already know he was misleading investors about the state of FTX's finances. If there's enough lies and enough evidence to show he was a straight up conman, they might end up trying to make an example out of him.
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Dec 18, 2022 17:02
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Yeah, from what I've heard, SBF's main problem is the amount of money involved is so huge it just blows through the upper range of sentence guidelines and he's hosed regardless of any white collar/first time offender pleas he might make in mitigation. That much money means the hammer is coming down.
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Dec 18, 2022 17:34
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Kind of hoping he tries to prove that the actual money he lost was less than the stated valuation of the digital assets. Just bring down the whole thing to protect himself. It won't help him, but it would be super funny.
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Dec 18, 2022 18:57
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Tricky Ed posted:Kind of hoping he tries to prove that the actual money he lost was less than the stated valuation of the digital assets. Just bring down the whole thing to protect himself. People do that all the time with Kovel accountants (I've been engaged to do that to get reductions in sentencing guideline ranges, projected tax losses, etc.)
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Dec 18, 2022 19:03
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kw0134 posted:The various wire frauds have sentencing maxes of 30 years, so per the sentencing guidelines, with an economic loss of greater than $550 million without any prior criminal history that's an offense level of 37 with a band of 210-262 months (17.5 to 22 years) per charge. However, this starts getting into sentencing alchemy that I'm not really qualified to make confident statements about what he'll actually get, but the gist is that he's in serious trouble. Also unlike Holmes I seriously doubt that the case will be very complex, since the fraud was straightforward and there are so many incriminating statements. He's a prosecutors dream tbh "I have committed these crimes, and here's how it happened" is like a wet dream for any prosecuting attorney
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Dec 18, 2022 19:13
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if i just honestly explain what happened, i'm sure the authorities will understand and go easy on me. i mean, it always worked with mom and dad
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Dec 18, 2022 19:17
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