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Note that the SEC's is merely a civil action. The federal criminal indictment hasn't been unsealed yet (but should be soon, today [0]). [0] https://apnews.com/

Note that the SEC's is merely a civil action. The federal criminal indictment hasn't been unsealed yet (but should be soon, today [0]). [0] https://apnews.com/article/technology-business-bahamas-united-states-government-1de16cdf7e6956b401e998c34ad1fd11 https://apnews.com/article/technology-business-bahamas-unite... ("We expect to move to unseal the indictment in the morning and will have more to say at that time")

insaneirish 4y ago
> Note that the SEC's is merely a civil action. The SEC can only bring civil action, for those wondering why it's a civil action.
arcticbull 4y ago
I believe the federal criminal indictment is public now. [1] - First count: Conspiracy to commit wire fraud to defraud customers. - Second count: Wire fraud on customers. - Third count: Conspiracy to commit wire fraud on lenders. - Fourth count: Wire fraud on lenders. (again, specifically lenders to Alameda) - Fifth count: Conspiracy to commit commodities fraud. - Sixth count: Conspiracy to commit securities fraud. I believe there's more, I quoted the above text from a thread by Frances Coppola [2]. [1] https://www.johnreedstark.com/wp-content/uploads/sites/180/2022/12/SBF-indictment.pdf https://www.johnreedstark.com/wp-content/uploads/sites/180/2... [2] https://twitter.com/Frances_Coppola/status/1602687333169602562?s=20&t=z0yjP49dlEsIxJ4fAyM7NQ https://twitter.com/Frances_Coppola/status/16026873331696025...
- etimberg 4y ago
  https://www.bbc.com/news/live/world-us-canada-63953033 https://www.bbc.com/news/live/world-us-canada-63953033 shows counts 7 and 8 as - Conspiracy to Commit Money Laundering - Conspiracy to Defraud the United States and Violate Campaign Finance Laws
  - deleted 4y ago
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- deleted 4y ago
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- Finbarr 4y ago
  Imagine reading a document like this with "United States of America v Your Name" at the top. It would be terrifying. These charges are serious and SBF is going to go down for a long time if convicted. There's also a forfeiture section in the federal indictment that demands forfeiture of all any and all property that is traceable to the commission of the offences.
  - coolspot 4y ago
    > Imagine reading a document like this with "United States of America v Your Name" at the top. I once contested a traffic violation and the court paperwork stated “People of California vs <my_name>”. People of California have lost.
    - arcticbull 4y ago
      The forfeiture in rem ones are my favorite, for instance “United States v. Article Consisting of 50,000 Cardboard Boxes More or Less, Each Containing One Pair of Clacker Balls” [1] [1] https://en.m.wikipedia.org/wiki/United_States_v._Article_Consisting_of_50,000_Cardboard_Boxes_More_or_Less,_Each_Containing_One_Pair_of_Clacker_Balls https://en.m.wikipedia.org/wiki/United_States_v._Article_Con...
  - kibwen 4y ago
    On a lighter note, here's United States v. Approximately 64,695 Pounds of Shark Fins: https://en.m.wikipedia.org/wiki/United_States_v._Approximately_64,695_Pounds_of_Shark_Fins https://en.m.wikipedia.org/wiki/United_States_v._Approximate... (the shark fins won)
    - staticautomatic 4y ago
      in rem cases have the best captions
      - rkagerer 4y ago
        More of them here (scroll to US Examples): https://en.m.wikipedia.org/wiki/In_rem_jurisdiction#United_States https://en.m.wikipedia.org/wiki/In_rem_jurisdiction#United_S...
dang 4y ago
It's now being discussed here: The United States of America vs. Samuel Bankman-Fried Indictment [pdf] - https://news.ycombinator.com/item?id=33969896 https://news.ycombinator.com/item?id=33969896 I suppose we could merge these threads since it's not as if they're partitioned along the lines of "this thread for the civil complaint, that one for the criminal charges".

insaneirish 4y ago

> Note that the SEC's is merely a civil action. The SEC can only bring civil action, for those wondering why it's a civil action.

arcticbull 4y ago

I believe the federal criminal indictment is public now. [1] - First count: Conspiracy to commit wire fraud to defraud customers. - Second count: Wire fraud on customers. - Third count: Conspiracy to commit wire fraud on lenders. - Fourth count: Wire fraud on lenders. (again, specifically lenders to Alameda) - Fifth count: Conspiracy to commit commodities fraud. - Sixth count: Conspiracy to commit securities fraud. I believe there's more, I quoted the above text from a thread by Frances Coppola [2]. [1] https://www.johnreedstark.com/wp-content/uploads/sites/180/2022/12/SBF-indictment.pdf https://www.johnreedstark.com/wp-content/uploads/sites/180/2... [2] https://twitter.com/Frances_Coppola/status/1602687333169602562?s=20&t=z0yjP49dlEsIxJ4fAyM7NQ https://twitter.com/Frances_Coppola/status/16026873331696025...

etimberg 4y ago
https://www.bbc.com/news/live/world-us-canada-63953033 https://www.bbc.com/news/live/world-us-canada-63953033 shows counts 7 and 8 as - Conspiracy to Commit Money Laundering - Conspiracy to Defraud the United States and Violate Campaign Finance Laws
- deleted 4y ago
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deleted 4y ago
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Finbarr 4y ago
Imagine reading a document like this with "United States of America v Your Name" at the top. It would be terrifying. These charges are serious and SBF is going to go down for a long time if convicted. There's also a forfeiture section in the federal indictment that demands forfeiture of all any and all property that is traceable to the commission of the offences.
- coolspot 4y ago
  > Imagine reading a document like this with "United States of America v Your Name" at the top. I once contested a traffic violation and the court paperwork stated “People of California vs <my_name>”. People of California have lost.
  - arcticbull 4y ago
    The forfeiture in rem ones are my favorite, for instance “United States v. Article Consisting of 50,000 Cardboard Boxes More or Less, Each Containing One Pair of Clacker Balls” [1] [1] https://en.m.wikipedia.org/wiki/United_States_v._Article_Consisting_of_50,000_Cardboard_Boxes_More_or_Less,_Each_Containing_One_Pair_of_Clacker_Balls https://en.m.wikipedia.org/wiki/United_States_v._Article_Con...
- kibwen 4y ago
  On a lighter note, here's United States v. Approximately 64,695 Pounds of Shark Fins: https://en.m.wikipedia.org/wiki/United_States_v._Approximately_64,695_Pounds_of_Shark_Fins https://en.m.wikipedia.org/wiki/United_States_v._Approximate... (the shark fins won)
  - staticautomatic 4y ago
    in rem cases have the best captions
    - rkagerer 4y ago
      More of them here (scroll to US Examples): https://en.m.wikipedia.org/wiki/In_rem_jurisdiction#United_States https://en.m.wikipedia.org/wiki/In_rem_jurisdiction#United_S...

dang 4y ago

It's now being discussed here: The United States of America vs. Samuel Bankman-Fried Indictment [pdf] - https://news.ycombinator.com/item?id=33969896 https://news.ycombinator.com/item?id=33969896 I suppose we could merge these threads since it's not as if they're partitioned along the lines of "this thread for the civil complaint, that one for the criminal charges".