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Would there have been a chance that he could have looked any better if he did the smart thing and not testify?
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Nov 3, 2023 01:49
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Arguably SBF would attempt more financial harm a free man so the altruistic thing to do is to keep him imprisoned.
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Nov 3, 2023 01:55
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Don't feel bad Sam. By going to prison forever, you're saving a gazillion trillion people from getting a mote of dust in their eyes.
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Nov 3, 2023 01:58
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Is it 110 years by the actual sentencing guidelines, or "110 years" by just adding up the potential sentences for each crime in isolation?Unlucky7 posted:Would there have been a chance that he could have looked any better if he did the smart thing and not testify? I mean, any hypothetical is an excercise in wishgranting at some point, but probably not.
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Nov 3, 2023 01:58
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Neito posted:Is it 110 years by the actual sentencing guidelines, or "110 years" by just adding up the potential sentences for each crime in isolation? I think it's adding the max to each count
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Nov 3, 2023 01:59
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Seth Pecksniff posted:
I’m sure he’ll be here soon enough to let us know. Also, lol
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Nov 3, 2023 02:02
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This is great for bitcoin. We can now focus on the not-fraud applications of the blockchain, such as
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Nov 3, 2023 02:04
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Seth Pecksniff posted:Lmao that's extraordinarily fast You might even say it's as if someone pulled the rug out from under him.
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Nov 3, 2023 02:11
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 SBF will be pinning his own weasel for a loooooong time
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Nov 3, 2023 02:15
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Now he needs to appeal, double down on his defence, and walk away with even more prison time. It's how he ran FTX, so it'll work here!
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Nov 3, 2023 02:16
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Won't worry, he'll be the first Ramen and cigarette block chain billionaire prisoner.
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Nov 3, 2023 02:22
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happyhippy posted:Won't worry, he'll be the first Ramen and cigarette block chain billionaire prisoner. Mackerel-chain Ross beat him to that
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Nov 3, 2023 02:39
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DerekSmartymans posted:Mackerel-chain Ross beat him to that No that wasn't Ross, that was someone else...maybe one of the Bruces (Brice?)
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Nov 3, 2023 02:40
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Shame Molly White didn’t cover the prosecution/SBF cross. Why is sentencing going to take 4 months?
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Nov 3, 2023 03:04
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Boxturret posted:No that wasn't Ross, that was someone else...maybe one of the Bruces (Brice?) You’re telling me there is not only a free Ross, but multiple Bruces (Brucies?)
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Nov 3, 2023 03:06
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Quotey posted:Shame Molly White didn’t cover the prosecution/SBF cross. She totally did? quote:Why is sentencing going to take 4 months? There's lots of procedure to make everything official, there's time needed to prepare briefs from each side regarding sentencing, and it's not like other crimes aren't also happening constantly. Lots of other trials are already scheduled. Plus, they need time to collect enough shrimp reserves for sam's eventual home.
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Nov 3, 2023 03:08
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Bruceii? Brucen? e: just learned that the proper scientific plural of Bruce is also Bruce, like the plural of moose SatansOnion fucked around with this message at 03:11 on Nov 3, 2023 |
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Nov 3, 2023 03:09
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Is SBF free to go home between now and March, or is he spending Christmas in jail before graduating to prison?
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Nov 3, 2023 03:13
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ullerrm posted:Is SBF free to go home between now and March, or is he spending Christmas in jail before graduating to prison? I'm sure his lawyers will make the argument, but with him being found super-mega guilty of 7 felonious charges I don't see how that's happening.
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Nov 3, 2023 03:15
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Him being out on bail yet continuing to do further crimes and forcing them to throw him in jail before the trail probably wouldn't help with his chances either.
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Nov 3, 2023 03:19
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ashpanash posted:I'm sure his lawyers will make the argument, but with 7 guilty verdicts I don't see how that's happening. True, but it’s non-violent* crime, and I could totally see them remand him to home confinement until sentencing. “Get your shrimps in while you can.” Disappointing, and I totally expect an escape attempt, but it’s probably what should happen. *: Sir Terry Pratchett’s Pump-14 had opinions about the victims of financial crime.
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Nov 3, 2023 03:20
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Boxturret posted:Him being out on bail yet continuing to do further crimes and forcing them to throw him in jail before the trail probably wouldn't help with his chances either. Yeah you might say that in this whole process he's not exactly proven his trustworthiness "We'll let you go for a bit Sam, we know you're good for it."
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Nov 3, 2023 03:25
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He’ll flee the Stanford campus into the redwood forests above it and live out the rest of his days as a mischievous sprite
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Nov 3, 2023 03:30
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Just dropping in to say
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Nov 3, 2023 03:32
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ullerrm posted:True, but it’s non-violent* crime, and I could totally see them remand him to home confinement until sentencing. “Get your shrimps in while you can.” I'd suspect with Internet restrictions tbh.
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Nov 3, 2023 03:45
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Neito posted:Is it 110 years by the actual sentencing guidelines, or "110 years" by just adding up the potential sentences for each crime in isolation? 4x: 18 U.S.C. § 1343: "Fraud by wire, radio, or television": No more than 20 years [(conspiracy, actually doing) x (against customers, against lenders)] 2x: 18 U.S.C. § 1348: "Conspiracy to commit offense or to defraud United States": No more than 5 years [commodities fraud, securities fraud] 1x: 18 U.S.C. § 1956(a)(1)(B)(1): "Laundering of monetary instruments": No more than 20 years (4 * 20) + (2 * 5) + 20 => The law authorizes no more than 110 years for those. Guidelines will recommend much lower, and things in parallel
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Nov 3, 2023 04:01
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What is the actual likely sentence?
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Nov 3, 2023 04:08
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Impossibly Perfect Sphere posted:What is the actual likely sentence? Time served
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Nov 3, 2023 04:11
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Impossibly Perfect Sphere posted:What is the actual likely sentence? 608 pages of tables and directions This is not a good table for him (the maximum Offense Level is 43): 
Foxfire_ fucked around with this message at 04:31 on Nov 3, 2023 |
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Nov 3, 2023 04:21
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Boxturret posted:Him being out on bail yet continuing to do further crimes and forcing them to throw him in jail before the trail probably wouldn't help with his chances either. Keep doubling down Sam! Maybe if he makes the perfect fraud bets and gets everyone’s money back, they’ll let him go!
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Nov 3, 2023 04:28
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Quotey posted:Shame Molly White didn’t cover the prosecution/SBF cross. She actually went to New York to watch it in person and then debrief in livestreams. https://www.youtube.com/playlist?list=PL870ZiG2I9IK9PyZwRreDyaNrYrrgIYxR
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Nov 3, 2023 04:31
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Foxfire_ posted:That takes way too much sentencing guideline math to figure out Bitcoin: 608 pages of tables and directions
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Nov 3, 2023 04:33
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Bitcoin: SBF's Offense Level is over 9000!
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Nov 3, 2023 04:37
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Given the number of people defrauded and how much was lost, we're looking at the max ranges for many of the charges. Some will run concurrently but some will be tacked on separately. I'm pretty terrible at calculating this but there will be quite a few upward adjustments and sentencing enhancements. My guess is between 20-30 years but take that with a large grain of salt.
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Nov 3, 2023 04:41
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Quotey posted:Shame Molly White didn’t cover the prosecution/SBF cross. Her livestreams were on YouTube: https://www.youtube.com/@molly0xfff
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Nov 3, 2023 04:48
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Madoff got like 150 years. He lost 5x the money or so?
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Nov 3, 2023 05:09
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Pirate Radar posted:He’ll flee the Stanford campus into the redwood forests above it and live out the rest of his days as a mischievous sprite  If you see him, your startup is guaranteed* to go unicorn* because its financed with russian oligarch buttcoinsBig rear end On Fire posted:Madoff got like 150 years. He lost 5x the money or so? Madoff notably pled guilty and did not cooperate with investigators, taking the bullet for any conspirators. The 12-20b that Madoff stole hasn't just evaporated because Alameda Research made a shitload of dumb bitcoin investments, that money is gone and Madoff never said where it went. Vampire Panties fucked around with this message at 05:34 on Nov 3, 2023 |
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Nov 3, 2023 05:29
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Big rear end On Fire posted:Madoff got like 150 years. He lost 5x the money or so? Edit: ^^ it was a classic Ponzi, so a lot of money basically came in from one client, went out to another. It would have been impossible to trace all the funds given how long the scam went but we can probably assume 10% went to funding his lifestyle and the other 90% basically was a carousel of money in, money out, and there was a huge ado because some people actually made money while the scam was active so there were many lawsuits to claw back money from certain clients. A big part of the "loss" was the promised returns that evaporated that were never earned in the first place, so how much principal -- cash paid directly to Madoff, minus illusory gains -- is a matter of probable continuing dispute. kw0134 fucked around with this message at 05:43 on Nov 3, 2023 |
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Nov 3, 2023 05:37
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Impossibly Perfect Sphere posted:Was reading about SafeMoon and came across this bit: This happens constantly and it never fails to get a great laugh out of me. All the can do is beg the thieves to return the money and are willing to settle for some of it Money of the future
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Nov 3, 2023 05:39
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Nuttcoin
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Nov 3, 2023 05:43
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