Quote:
Originally Posted by
sonatine
alameda just copped to loans being used to finance venture capital investments at the peak of the bull run being the root cause. the loans got called and they used investor capital to cover. its just not clear to me if/how thats going to get prosecuted.
there may be some bookkeeping charges coming but honestly you really cant prosecute when a fund goes batshit. at best you can sue and lest we forget, burry got sued for halting withdrawals from scion in 2007 and no one got a penny from him because he was within his contractual rights.
its just not clear to me what contractual boundaries alameda had in place, or what is / is not allowed in the bahamas...
https://pbs.twimg.com/media/Fhj-Beta...pg&name=medium
Yeah this might
be the center of any criminal case brought against these four people. If Caroline really did tell people that she knew the entire time that SBF stole $10 billion in order to invest elsewhere, that makes SBF clearly guilty, Caroline a direct accomplice, and the other two likely accomplices as well.
Does anyone know why that "other" Sam guy left Alameda in August? He was co-CEO with Caroline, prior to his departure. From reading replies to Caroline's tweets about it at the time, it seemed there was already some suspicion that things weren't quite right there. Maybe the guy bounced because he was uncomfortable regarding what was going on, and knew the shit would hit the fan soon enough?