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Epstein clearly had some kind of blackmail or leverage. He should have gone to jail earlier. I'm not sure why you think people should have gone to jail in 2008
by HWR_14 4y ago
Epstein clearly had some kind of blackmail or leverage. He should have gone to jail earlier.
I'm not sure why you think people should have gone to jail in 2008. It was people doing a shitty job. That's not illegal. Similarly, MtGox was hacked. And, IIRC, people loaned Celsius money they then lost, not embezzled.
HSBC seems horrible, but I'm not sure they were able to identify individuals who violated the law beyond a shadow of doubt. It was one of those "everyone can point the finger at someone else" things. But, more importantly, they were still a financially large/successful company. So they could pay a fine and continue operating with new rules in place. Part of paying that fine is an agreement protecting the executives. I agree that happens too often.
I don't see how SBF fits into those. He doesn't seem to have blackmail material. It's not like everyone at FTX can claim it was someone else who did it (he's admitting it to reporters!) because it's a giant enterprise. It's not like FTX cannot be shut down because it's too big to fail/too big to jail.
But, yeah, the news doesn't report people are accused of crimes before formal indictments. Formal indictments wait until the charges are in place. Right now, they are still reconstructing just how much money SBF stole.
But I'll put my money where my mouth is. I'll totally bet that he goes to jail.
- chaosbolt 4y agoI'm sure many people did illegal things in 2008, in HSBC, in MtGox, etc. and I'm also sure SBF will not go to jail. As I said before that, we will be given by the media a good enough reason why he didn't do anything wrong. >the news doesn't report people are accused of crimes before formal indictments Did you seriously just say this? The media spent years saying false things about multiple politicians with 0 evidence. Like come on at this point if you can't see the corruption then you never will but it's become so obvious it's like they're not even trying to hide it.
- HWR_14 4y agoI agree someone broke the law at HSBC, although I doubt they could identify who. I doubt anyone broke any law in the economic collapse of 2008 where such law breaking was a major contributor to the collapse (Im sure some people used the chaos to steal money for instance). Other than the hackers, im not sure what law you think anyone involved in MtGox broke. I'm willing to bet money SBF ends up in prison. I've never heard the NEWSmedia accuse a politician of violating a specific law with zero evidence. Any examples of it done flagrantly? (I'm sure some reasonable errors slipped through). But even then, it's purposefully much harder for political actors to prove libel or slander suits.