3 ms·
In general, we don't put people in jail before they are convicted unless we think they will pose a further danger or flee. We wait until after they have been pr
by HWR_14 4y ago
In general, we don't put people in jail before they are convicted unless we think they will pose a further danger or flee. We wait until after they have been proven guilty to lock people up to punish them.
He's already being prevented from leaving the country (note, the country is the Bahamas where he had been living for years). He doesn't have access to FTX's accounts. It seems like it's harmless to leave him out until proven guilty.
The FBI and the Bahamanian government are still trying to figure out how to timeshare who interviews him when. The prosecutors are still working on understanding the full scope of damage done. Heck, there are lawsuits moving forward on where the primary forum for FTX's bankruptcy is, let alone who gets to throw him in jail first.
Keep in mind that the CEO brought in to clean up after Enron was also brought in to clean up FTX and try to organize the bankruptcy. The first thing he said to the court was he needed more time because this has the worst books he's ever seen and he doesn't even know what FTX owns. Like, he cannot find the paperwork and is trying to reconstruct some of their ownership from "third-party materials".
At least in the US, there are laws against multiple prosecutions. So if the prosecutors came at him with an easy case, they could accidentally give him immunity from the other related cases. So they have to build a big one before they actually prosecute. Imagine the uproar if he was prosecuted and punished for stealing $10MM and that kept him from being prosecuted for the rest of everything. Or if the prosecutors hinged everything on his cryptographic signed orders and it turns out the keys were taped to his monitor and, boom, reasonable doubt, so he walks.
It takes time. That's frustrating. But that little bit more time now had better be enjoyed. He's not getting out of jail for decades once he goes in.
- mlindner 4y ago> In general, we don't put people in jail before they are convicted unless we think they will pose a further danger or flee. We wait until after they have been proven guilty to lock people up to punish them. We publicly crucify people all the time, even when no crime has been committed. Just look at the treatment of Elon Musk versus SBF. SBF commits likely crime, gets almost no negative press. Elon Musk buys a company and people go onto national news and declare that he needs to be investigated for every crime under the sun. If people were consistent I'd be more okay with how SBF is being treated, but they're clearly not. As SBF donated heavily to media organizations it's obvious that they're treating him with kid gloves because of those donations.
- HWR_14 4y agoOpinion people saying something on TV is not like a newspaper (or news TV show) making a claim.