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Interesting to compare this with the ongoing FTX disaster. I think these two cases are sort of parallels: people assumed that someone was a genius to such an e
by jasonhansel 4y ago
Interesting to compare this with the ongoing FTX disaster.
I think these two cases are sort of parallels: people assumed that someone was a genius to such an extent that they disregarded any signs of fraud and sought little proof of the assertions being made.
- wpride 4y agoAlso, accumulating powerful backers and friends to signal "this is a successful company" instead of building an actual company.
- throw422223 4y ago[flagged]
- sesm 4y agoThe primate behavior part doesn’t make sense to me. As a primate, I don’t want females in my tribe to mate with low value males.
- 0xy 4y agoSBF will get a lower sentence or might even dodge jail altogether considering how many political palms he's greased, including throughout the current administration.
- jasonhansel 4y agoI'd give it a couple months.
- shapefrog 4y agoI would happily suggest that Elizabeth Holmes was orders of magnitude BETTER connected than SBF.
- DuckFeathers 4y agoBut Holmes did not donate hundreds of millions to various groups and definitely did not help launder large amounts of money from war torn country. You have to be connected closer to the swamp to be protected by them.
- regularjack 4y agoI keep seeing this sort of reply here but I don't get it. Isn't the judiciary system in the US independent from politics? If you can donate your way out of jail, something is seriously wrong with the justice system.
- 0xy 4y agoThe courts are independent, but for criminal matters government prosecutors decide whether someone even makes it to court. Consider the case of Hillary Clinton, who by textbook definition mishandled classified documents, which other people have been jailed for. She was not even referred for prosecution because of her widespread connections and political machinery. There's numerous other examples of connected people getting light or no sentences. Jussie Smollett is another one.
- cedws 4y agoI wonder if these people are just psychopaths remarkably good at showing the right signs, or if there's just a huge supply of moronic investors.
- kfarr 4y agoYes
- amrangaye 4y agoSorry this is an aside: but why’re we still doing this? It stopped being funny a long long time ago, doesn’t contain any information in regards to OP’s question, and we all know in real life people mean XOR when they say OR. so I’m just curious: did you recently find out about this and still find it amusing? What is it adding to the discussion? Nothing personal / maybe I’m just getting too old :)
- rullelito 4y agoElon says hi.