4 ms·

You don't go to prison when you are the 2nd biggest donor to the current president's campaign. Mark Karpales didn't go to prison for Mt Gox, he spent some mont

You don't go to prison when you are the 2nd biggest donor to the current president's campaign. Mark Karpales didn't go to prison for Mt Gox, he spent some months in jail because they were afraid he might leave Japan + Japan isn't like the west he prpbably doesn't have connections there, then left and worked for different financial companies and then started another company assessing risk or something. Alex Mashinsky (founder of Celcius) didn't go to prison either. On the other hand, Do Kwon (Terra) is a fugitive and interpol is looking for him, and Satish Kumbhani (Bitconnect) got indicted but disappeared so the cops are looking for him. So yeah you have to turn off your pattern recognition or else be called a bad name.

eterm 4y ago
To be accurate, Mark Karpeles was sentenced to prison, albeit a suspended setence.
- michaelt 4y ago
  Calling a suspended sentence "didn't go to prison" is accurate, because you do not go to prison. So I'm not sure what you're correcting here.
sschueller 4y ago
Does anyone remember Marc Rich? "Clinton's critics alleged that Rich's pardon had been bought, as Denise Rich had given more than $1 million[36] to Clinton's political party (the Democratic Party), including more than $100,000 to the Senate campaign of the president's wife, Hillary Rodham Clinton, and $450,000 to the Clinton Library foundation during Clinton's time in office.[31]" https://en.wikipedia.org/wiki/Marc_Rich https://en.wikipedia.org/wiki/Marc_Rich
- pjc50 4y ago
  Is there a Presidential pardon that wasn't abusive of the system? From Nixon to Iran-Contra to war crimes in Afghanistan?
  - jasonwatkinspdx 4y ago
    Lots. The abusive ones get the press but there's a lot more than just never get attention. Obama issued a ton of clemency and pardons, a large portion of which were non violent drug sentences.
oldgradstudent 4y ago
These things take a ridiculous amount of time. Theranos was exposed as a fraud in 2015. but only now, in 2012, Elizabeth Holmes' trial has reached sentencing with the prosecution asking for 15 years. It's an unbelievable amount of for persecutors to untangle the web of transactions to be able to prove to a jury the existence and scale of fraud. I would bet that both Mashinsky and SBF will spend a lot of quality time in a federal prison.
- chaosbolt 4y ago
  >I would bet that both Mashinsky and SBF will spend a lot of quality time in a federal prison. They won't, Mashinsky will NEVER go to prison for Celsius, and SBF, if somehow was to go to prison, will commit suicide on his first day there (suicide will be commited upon him but potato potato).
pjc50 4y ago
> yeah you have to turn off your pattern recognition or else be called a bad name I don't see what's wrong with having "crypto=fraud" pattern recognition? (Especially "staking"/"yield farming"! Anyone offering risk free high return is being dishonest about one of those two aspects) Another good piece of pattern recognition: is this being run from a financial secrecy or tax evasion jurisdiction? (In this case, the Bahamas)
- chaosbolt 4y ago
  Well you didn't understand what I was implying: Enron's Skilling is in prison, Theranos' Holmes is being sentenced to prison, Do Kwon of Terra is a fugitive, the Bitconnect guy is a fugitive. The only guy from 2008 to go to prison was Kareem Serageldin, an Egyptian. Celsius' Mashinsky, MtGox's Karpales didn't go to prison, and I bet Bankman-Fried won't either. Epstein has been investigated by the FBI for 20 years before going to prison and during the Deutsche Bank - Epstein trial a pizza delivery guy rang the door of the son of the judge overseeing the trial, and shot him dead after he opened the door. Is you don't see a pattern between the two paragraphs then what do you want me to tell you, just stick to the news.
quickthrowman 4y ago
Why would anyone help him out when he won’t be able to donate in the next election cycle? I’m just speculating since I’m not a billionaire lobbying congress, but I’d imagine there’s little reason to help someone who cannot donate in the future.
guilhas 4y ago
Maybe the victims can get some millions from Alex Jones

eterm 4y ago

To be accurate, Mark Karpeles was sentenced to prison, albeit a suspended setence.

michaelt 4y ago
Calling a suspended sentence "didn't go to prison" is accurate, because you do not go to prison. So I'm not sure what you're correcting here.

sschueller 4y ago

Does anyone remember Marc Rich? "Clinton's critics alleged that Rich's pardon had been bought, as Denise Rich had given more than $1 million[36] to Clinton's political party (the Democratic Party), including more than $100,000 to the Senate campaign of the president's wife, Hillary Rodham Clinton, and $450,000 to the Clinton Library foundation during Clinton's time in office.[31]" https://en.wikipedia.org/wiki/Marc_Rich https://en.wikipedia.org/wiki/Marc_Rich

pjc50 4y ago
Is there a Presidential pardon that wasn't abusive of the system? From Nixon to Iran-Contra to war crimes in Afghanistan?
- jasonwatkinspdx 4y ago
  Lots. The abusive ones get the press but there's a lot more than just never get attention. Obama issued a ton of clemency and pardons, a large portion of which were non violent drug sentences.

oldgradstudent 4y ago

These things take a ridiculous amount of time. Theranos was exposed as a fraud in 2015. but only now, in 2012, Elizabeth Holmes' trial has reached sentencing with the prosecution asking for 15 years. It's an unbelievable amount of for persecutors to untangle the web of transactions to be able to prove to a jury the existence and scale of fraud. I would bet that both Mashinsky and SBF will spend a lot of quality time in a federal prison.

chaosbolt 4y ago
>I would bet that both Mashinsky and SBF will spend a lot of quality time in a federal prison. They won't, Mashinsky will NEVER go to prison for Celsius, and SBF, if somehow was to go to prison, will commit suicide on his first day there (suicide will be commited upon him but potato potato).

pjc50 4y ago

> yeah you have to turn off your pattern recognition or else be called a bad name I don't see what's wrong with having "crypto=fraud" pattern recognition? (Especially "staking"/"yield farming"! Anyone offering risk free high return is being dishonest about one of those two aspects) Another good piece of pattern recognition: is this being run from a financial secrecy or tax evasion jurisdiction? (In this case, the Bahamas)

chaosbolt 4y ago
Well you didn't understand what I was implying: Enron's Skilling is in prison, Theranos' Holmes is being sentenced to prison, Do Kwon of Terra is a fugitive, the Bitconnect guy is a fugitive. The only guy from 2008 to go to prison was Kareem Serageldin, an Egyptian. Celsius' Mashinsky, MtGox's Karpales didn't go to prison, and I bet Bankman-Fried won't either. Epstein has been investigated by the FBI for 20 years before going to prison and during the Deutsche Bank - Epstein trial a pizza delivery guy rang the door of the son of the judge overseeing the trial, and shot him dead after he opened the door. Is you don't see a pattern between the two paragraphs then what do you want me to tell you, just stick to the news.

quickthrowman 4y ago

Why would anyone help him out when he won’t be able to donate in the next election cycle? I’m just speculating since I’m not a billionaire lobbying congress, but I’d imagine there’s little reason to help someone who cannot donate in the future.

guilhas 4y ago

Maybe the victims can get some millions from Alex Jones