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The wheels of the law grind slowly. Look at Elizabeth Holmes. The WSJ article that started her downfall came out in 2015. And she's still walking around free (f

The wheels of the law grind slowly. Look at Elizabeth Holmes. The WSJ article that started her downfall came out in 2015. And she's still walking around free (for now).

SilasX 4y ago
Media isn’t the law and can be expected to grind a little faster. What were you responding to there?
nazgulsenpai 4y ago
Unless you wrote tornado.cash then they find you where you hide and jail you. Meanwhile SBF is walking around freely and giving interviews. *edit: phrasing
- polygamous_bat 4y ago
  Tornado cash was released almost 3 years ago. I would argue it took a lot longer than 3 weeks until its developer was arrested.
  - nazgulsenpai 4y ago
    Yes but it was only sanctioned a few months ago.
- AlbertCory 4y ago
  They have a saying about bank loans: If you borrow $100,000, the bank owns you. If you borrow $100,000,000, you own the bank. The bigger you are, the longer it takes the establishment to bring you down, if they ever do.
- HWR_14 4y ago
  > SBF is walking around freely and giving interviews. If I were the prosecutors, I would let him keep hanging himself with on the record interviews for as long as possible. Everything he says seems to make the case easier to win.
spamizbad 4y ago
Holmes is an interesting case because she got the opposite treatment as SBF: the press started running negative stories almost immediately while the tech industry was still neutral-to-defensive.
- kgwgk 4y ago
  “almost immediately” relative to when?
  - MichaelCollins 4y ago
    Once Bad Blood was published. It took a few years for the dam to break, but once it did the rest of the media piled on quick. The FTX dam broke a few weeks ago and so far the media generally seems unenthusiastic about covering the story. Most people I've mentioned it to haven't heard of it yet; that's the media's fault.
    - AlbertCory 4y ago
      The book came out in 2019. The first WSJ story was 2015. I don't think the media turned into a mob until after the book, as you said.
    - kgwgk 4y ago
      I don't think most people would recognize Elizabeth Holmes or Theranos. It's not like it's difficult to find FTX in the news anyway. https://usatoday.com/story/money/2022/11/17/ftx-collapse-ceo-regrets-bankruptcy-filing/10720437002/ https://usatoday.com/story/money/2022/11/17/ftx-collapse-ceo... https://usatoday.com/story/opinion/2022/11/19/ftxs-collapse-warning-investors-excessive-risk/10719414002/ https://usatoday.com/story/opinion/2022/11/19/ftxs-collapse-... https://usatoday.com/story/sports/nba/2022/11/22/miami-dade-asks-for-right-to-remove-ftx-name-from-heat-arena/50965343/ https://usatoday.com/story/sports/nba/2022/11/22/miami-dade-...
      - factsarelolz 4y ago
        > I don't think most people would recognize Elizabeth Holmes or Theranos. I tend to agree. I've never spoke of theranos or EH with friends or more specifically my wife. The other day she brings it up... "What do you know about Elizabeth Holmes? She just had a baby and is going to jail for 15 years" The pregnancy / child / jail is what made my wife interested. I told her that I didn't have much information on the subject other than the company said they could do x, pulled in a ton of cash, and couldn't do x. She then proceeded to watch every documentary / book / article she could find on EH and Theranos. It was the pregnancy topic that made my wife interested. Not the amount of money or fraud, pregnancy which is something she can relate to.

The wheels of the law grind slowly. Look at Elizabeth Holmes. The WSJ article that started her downfall came out in 2015. And she's still walking around free (for now).

SilasX 4y ago

Media isn’t the law and can be expected to grind a little faster. What were you responding to there?

nazgulsenpai 4y ago

Unless you wrote tornado.cash then they find you where you hide and jail you. Meanwhile SBF is walking around freely and giving interviews. *edit: phrasing

polygamous_bat 4y ago
Tornado cash was released almost 3 years ago. I would argue it took a lot longer than 3 weeks until its developer was arrested.
- nazgulsenpai 4y ago
  Yes but it was only sanctioned a few months ago.
AlbertCory 4y ago
They have a saying about bank loans: If you borrow $100,000, the bank owns you. If you borrow $100,000,000, you own the bank. The bigger you are, the longer it takes the establishment to bring you down, if they ever do.
HWR_14 4y ago
> SBF is walking around freely and giving interviews. If I were the prosecutors, I would let him keep hanging himself with on the record interviews for as long as possible. Everything he says seems to make the case easier to win.

spamizbad 4y ago

Holmes is an interesting case because she got the opposite treatment as SBF: the press started running negative stories almost immediately while the tech industry was still neutral-to-defensive.

kgwgk 4y ago
“almost immediately” relative to when?
- MichaelCollins 4y ago
  Once Bad Blood was published. It took a few years for the dam to break, but once it did the rest of the media piled on quick. The FTX dam broke a few weeks ago and so far the media generally seems unenthusiastic about covering the story. Most people I've mentioned it to haven't heard of it yet; that's the media's fault.
  - AlbertCory 4y ago
    The book came out in 2019. The first WSJ story was 2015. I don't think the media turned into a mob until after the book, as you said.
  - kgwgk 4y ago
    I don't think most people would recognize Elizabeth Holmes or Theranos. It's not like it's difficult to find FTX in the news anyway. https://usatoday.com/story/money/2022/11/17/ftx-collapse-ceo-regrets-bankruptcy-filing/10720437002/ https://usatoday.com/story/money/2022/11/17/ftx-collapse-ceo... https://usatoday.com/story/opinion/2022/11/19/ftxs-collapse-warning-investors-excessive-risk/10719414002/ https://usatoday.com/story/opinion/2022/11/19/ftxs-collapse-... https://usatoday.com/story/sports/nba/2022/11/22/miami-dade-asks-for-right-to-remove-ftx-name-from-heat-arena/50965343/ https://usatoday.com/story/sports/nba/2022/11/22/miami-dade-...
    - factsarelolz 4y ago
      > I don't think most people would recognize Elizabeth Holmes or Theranos. I tend to agree. I've never spoke of theranos or EH with friends or more specifically my wife. The other day she brings it up... "What do you know about Elizabeth Holmes? She just had a baby and is going to jail for 15 years" The pregnancy / child / jail is what made my wife interested. I told her that I didn't have much information on the subject other than the company said they could do x, pulled in a ton of cash, and couldn't do x. She then proceeded to watch every documentary / book / article she could find on EH and Theranos. It was the pregnancy topic that made my wife interested. Not the amount of money or fraud, pregnancy which is something she can relate to.