Quote:
Originally Posted by
Sanlmar
Why do you think SBF will get a “really stiff sentence”?
This offshore entity in an unregulated industry.
Don’t confuse your outrage with penalty. You of all people. That is rarely how things work as your experience in poker should have informed you.
This might be why the guy with relationships to really well connected and highly educated lawyers might be chillin’ and not runnin.
He’ll do some time perhaps but he isn’t gonna be Ross Ulbricht
this is really a big part of the point i was making yesterday.
fraud is when you line your own pockets with a rug pull.
the overwhelming majority of missteps that brought down ftx _appear_ to simply be impulsive gestures based on shit that worked a hundred times before it didnt.
the recent 'hacks' are a different convo, we dont know what happened there. im more inclined to chalk it up to north korea than insiders but whatever.
there were so many incredibly high risk plays made that were obviously not designed to deceive, but simply to be flashy 'i can so i will' type maneuvers... i dont know what a court can do with that, and i dont know what court would even have jurisdiction.