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(CNBC)   Sam Bankman-Fried faces decades in prison for committing the one crime America still prosecutes: stealing from rich people   (cnbc.com) divider line
    More: Followup, Fraud, U.S. Securities and Exchange Commission, Sam Bankman-Fried, disgraced former CEO of FTX, Bankman-Fried, Bankman-Fried's press junket, U.S. Department of Justice, kind of criminal charge  
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488 clicks; posted to Business » on 05 Dec 2022 at 9:05 AM (9 weeks ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook



13 Comments     (+0 »)
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2022-12-05 9:10:26 AM  
...and he's already stating that he hasn't fled to Argentina, which he probably has.
 
2022-12-05 9:25:41 AM  
I predict he will spend a total of 0 days in prison.
 
2022-12-05 10:01:48 AM  
He set his girlfriend up to take the fall.  He's going to skate.
 
2022-12-05 10:04:44 AM  

HotWingConspiracy: I predict he will spend a total of 0 days in prison.


I'll take the under
 
2022-12-05 10:14:49 AM  
C'mon man give him a break! It's not like he tried to pass a counterfeit $20 bill or was selling cigarettes without tax stamps. Thoseare serious crimes that law enforcement should be focused on.
 
2022-12-05 10:51:54 AM  

HotWingConspiracy: I predict he will spend a total of 0 days in prison.


I don't know.  He submitted a finance report that explicitly had an "My embezzling fund" line item.  It's kinda hard to explain away officially admitting to taking money to go blow it on blackjack, hookers, and blow
 
2022-12-05 11:49:23 AM  
The $32 billion never really existed. It's more like a few hundred million dollars of people buying Internet farts from their minimum wage jobs, combined with $31.5 billion of "my Pokémon card is worth $20,000 because I traded a Red Fuzzy Cabbage Patch doll worth $15,000 and a signed photograph of David Caruso."
 
2022-12-05 12:17:23 PM  
Truer words were never spoken. Go look up how many people were successfully charged with poisoning the water in Flint. Now go see how long Madoff is serving. Theranos lady got convicted of stealing from rich people and went to jail for 11 years. If she were actually convicted of endangering thousands of regular peoples' lives instead, woulda been probation and we all know it.
 
2022-12-05 12:37:00 PM  
They set him up to be the patsy.  The real players won't be exposed.
 
2022-12-05 1:04:27 PM  

SafetyThird: They set him up to be the patsy.  The real players won't be exposed.


They set him up to knock him down and say "Good thing we cleaned up crypto and it's ok now, here's the federal reserve version, you're welcome".
 
2022-12-05 1:07:07 PM  
The former crypto titan has the SEC, CFTC, SDNY and DOJ on his case

Maybe they'll throw him in alphabet jail.
 
2022-12-05 3:27:51 PM  
I feel bad about that fatal boating accident he was in next week.
 
2022-12-06 7:22:19 AM  

broomballwilson: Truer words were never spoken. Go look up how many people were successfully charged with poisoning the water in Flint. Now go see how long Madoff is serving. Theranos lady got convicted of stealing from rich people and went to jail for 11 years. If she were actually convicted of endangering thousands of regular peoples' lives instead, woulda been probation and we all know it.


Bernie Madoff was sentenced to 150 years in prison. You may want to consider actual facts before you spout off.
 
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