4 ms·
It really is bizarre seeing how some people are complaining about a $250 million bond as being a "slap on the wrist". It's not a fine, it's not a punishment --
by bavila 4y ago
It really is bizarre seeing how some people are complaining about a $250 million bond as being a "slap on the wrist". It's not a fine, it's not a punishment -- he hasn't even been convicted of anything yet. He is nothing more than a pre-trial detainee. And, yes, being under house arrest still constitutes detention.
Just seems like there's so much bloodlust here against someone who -- under the United States Constitution -- is still presumed innocent until found to be proven guilty beyond a reasonable doubt in a court of law by a jury of his peers. Sorry.
- Sebb767 4y agoThis is not bloodlust. SBF has squandered away billions, including investing several hundred millions in himself. A bond is intended to be high enough so that fleeing will be unlikely but, given SBFs history, him wasting another $250 million doesn't seem that improbable compared to what he pulled off this year.
- dredmorbius 4y agoNot only high enough to make it unlikely for him, but if there have been other financial dealings (say, money laundering, offshoring, or various forms of criminal activity), which might serve interests to not see surfaced in court, then to make disappearing him overly financially painful for them as well.