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> At the risk of stating the obvious, the reason Madoff was arrested so quickly is because he confessed to every element of criminal fraud… From a European per
by masswerk 4y ago
> At the risk of stating the obvious, the reason Madoff was arrested so quickly is because he confessed to every element of criminal fraud…
From a European perspective, this is strangely backwards: Madoff confessed and was fully cooperative, hence, there was no need to deprive him of freedoms without a process. In the SBF/FTX affair, on the other hand, there are no signs of full cooperation and there's some danger of obstruction of justice and tampering with potential evidence. (Which should be, apart from risk of recurrence and/or acute danger, the only reason for depriving anyone of granted freedoms without a due process.)