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I don’t think his trip to the Bahamas was a coincidence so I think he will use his resources to make it difficult. Also another thing to consider is wether he
by Aleksdev 4y ago
I don’t think his trip to the Bahamas was a coincidence so I think he will use his resources to make it difficult.
Also another thing to consider is wether he will stay in the Bahamas if it becomes a problem.
- HWR_14 4y agoHe was based in the Bahamas for their lax securities regulations. He didn't run there when things went bad, he was living in a penthouse there.
- arthurcolle 4y ago*He and his polycule harem of mostly men and Caroline Ellison, someone with zero finance knowledge yet somehow running a multibillion dollar hedge fund
- HWR_14 4y agoThere is no evidence it was a polycule and if it was the fact that they are mostly men would only be brought up for homophobic reasons. He and Caroline Ellison were apparently involved. I have no idea why any of that really matters.
- arthurcolle 4y agoYou're right the wording in my original post was terrible, I apologize and can see that it could appear offensive as written. It doesn't matter and isn't relevant to the core facts that he clearly stole and misappropriated billions of dollars from his company's depositors and engaged in fraud, wire fraud, misuse of funds, self-dealing, and other criminal activities that were explicitly for the purpose of enriching himself. In my opinion, I do want to say that given the more provocative elements of the story, I get a sense that it seems to point to a larger-than-life lifestyle involving people working together and engaging in activities that mixed drugs, sex, and huge amounts of money - not to mention the "conspiratorial" elite connections to political figures and academics that are connected via SBF and Caroline Ellis. Given that so many people were impacted by what are crimes, as can be seen by how ferociously the twitter sphere is picking at all parts of the story - it appears that everything is under judgement, frankly.
- thfuran 4y ago>by what are crimes, as can be seen by how ferociously the twitter sphere is picking at all parts of the story Making Twitter angry is illegal now?
- HWR_14 4y agoTheir in-house psychiatrist to write them all scrips said that the amount of drugs and hooking up was way overstated. Maybe? Maybe it's the dealer saying there are no drugs? I have no idea. "Rich 20-somethings like drugs and sex on tropical beaches" is a pretty uninteresting story to me. "Rich 20-somethings do so much adderall that they code backdoors instead of having sex whith tropical beaches are outside" is at least more interesting to read about.
- Aleksdev 4y agoWell he did coincidentally go to the Bahamas and went MIA on social media right before things started to collapse. I would call that running.
- HWR_14 4y agoHe's still giving interviews on Twitter to Vox journalists and somehow to NYT journalists. The Bahamas are both his full time residence and as of last year his listed permanent residence. A minor detail in the scheme of decabillions of, at best, mismanagement.
- coffeebeqn 4y agoI do wonder how much money has gone to local/state officials pockets. From SBFs previous billions
- ALittleLight 4y agoI think the promise of future bribes buys you favors. Past bribes, and the inability to pay future bribes, won't get you very far.
- misiti3780 4y agoalso he is presumably not a citizen.
- blitzar 4y ago> I don’t think his trip to the Bahamas was a coincidence Not at all a coincidence. It is where he lived and where his company was based. No coincidence at all he was in the Bahamas when it all blew up!