5 ms·

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

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...
- oblio 4y ago
  That's strangely... not "lighter". Those shark fins represented about 30 000 sharks killed (!) illegally (!!!). They even amended the law to block such future abuses.
valleyjo 4y ago
Will his political donors have to give back the donations?
- dragonwriter 4y ago
  He is the donor. And, no, recipients of legal donations don’t have to give them back because they came from a bad person. (The illegal donations he seems to have admitted to might have to be given up, but that’s a separate legal issue.)
  - lesuorac 4y ago
    Not a lawyer but it does sound like any of the donations could be considered "not legal" would be "clawbacked". https://www.google.com/search?q=sbf+political+donations+clawback https://www.google.com/search?q=sbf+political+donations+claw...
    - dragonwriter 4y ago
      Well, yes, bankruptcy clawbacks are another issue on top of both the criminal forfeiture discussed upthread and the campaign finance issue I raised in response.
  - 121110987654321 4y ago
    "The illegal donations he seems to have admitted to..." Source?
    - arcticbull 4y ago
      He’s done a lot of ill advised Spaces, I’m sure it’s in one of those.
    - dragonwriter 4y ago
      Here’s discussion of the complaint based on his admission: https://www.cnbc.com/2022/12/08/ftx-ceo-sam-bankman-fried-hit-with-campaign-finance-complaint.html https://www.cnbc.com/2022/12/08/ftx-ceo-sam-bankman-fried-hi... Count eight of the indictment also seems related, but its not a “speaking” indictment, so its not super clear.
greggh 4y ago
It is indeed terrifying. I have one, it was not fun.

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...
oblio 4y ago
That's strangely... not "lighter". Those shark fins represented about 30 000 sharks killed (!) illegally (!!!). They even amended the law to block such future abuses.

valleyjo 4y ago

Will his political donors have to give back the donations?

dragonwriter 4y ago
He is the donor. And, no, recipients of legal donations don’t have to give them back because they came from a bad person. (The illegal donations he seems to have admitted to might have to be given up, but that’s a separate legal issue.)
- lesuorac 4y ago
  Not a lawyer but it does sound like any of the donations could be considered "not legal" would be "clawbacked". https://www.google.com/search?q=sbf+political+donations+clawback https://www.google.com/search?q=sbf+political+donations+claw...
  - dragonwriter 4y ago
    Well, yes, bankruptcy clawbacks are another issue on top of both the criminal forfeiture discussed upthread and the campaign finance issue I raised in response.
- 121110987654321 4y ago
  "The illegal donations he seems to have admitted to..." Source?
  - arcticbull 4y ago
    He’s done a lot of ill advised Spaces, I’m sure it’s in one of those.
  - dragonwriter 4y ago
    Here’s discussion of the complaint based on his admission: https://www.cnbc.com/2022/12/08/ftx-ceo-sam-bankman-fried-hit-with-campaign-finance-complaint.html https://www.cnbc.com/2022/12/08/ftx-ceo-sam-bankman-fried-hi... Count eight of the indictment also seems related, but its not a “speaking” indictment, so its not super clear.

greggh 4y ago

It is indeed terrifying. I have one, it was not fun.