4 ms·

Seems like there's a group of people who want him to be obliterated and will be dissatisfied at every step if it isn't mounting his head on a pike. It's honestl

Seems like there's a group of people who want him to be obliterated and will be dissatisfied at every step if it isn't mounting his head on a pike. It's honestly one of the more disturbing parts of the story for me.

cageface 4y ago
At least in my circle the people screaming the loudest for his head are the same people that are adamantly opposed to any government regulation of crypto. I think they're just mad that SBF spoiled their get rich quick scheme.
- plsbenice34 4y ago
  He was pushing for absurd regulations himself, such as KYC for front-ends of decentralised exchanges, so it is no surprise that they weren't his fan. More importantly, people who are in those groups tend to be aware how much he stinks of government corruption given his family ties, religion etc. - so it has always been assumed that he will get unfair treatment - and now it is seemingly turning out to go as expected. He is part of 'the establishment' that acted against the interests of the space. Regulations are also seen as only protecting the interests of the traditional financial system rather than actually protecting people; that's exactly how it seems to go so far
  - maxbond 4y ago
    > More importantly, people who are in those groups tend to be aware how much he stinks of government corruption given his [...] religion... He "stinks of corruption" in part because he's Jewish? How am I meant to interpret this as anything other than bigotry?
  - cageface 4y ago
    How is it turning out as to be expected? He's being prosecuted and faces a very severe sentence if convicted.
JumpCrisscross 4y ago
> group of people who want him to be obliterated and will be dissatisfied at every step if it doesn't result in his head on a pike He’s a fraudster who was content evading justice in the Bahamas for years to come. Of course there is popular desire for retribution, even beyond that which exists and continues to build against crypto at large.
- maxbond 4y ago
  If you believe he's guilty beyond a shadow of doubt, it shouldn't disturb you that he's on house arrest instead of in prison. His trial will last a year or two, his sentence probably be 10 to life (probably closer to the "life").
  - JumpCrisscross 4y ago
    > believe he's guilty beyond a shadow of doubt, it shouldn't disturb you that he's on house arrest instead of in prison I don’t believe in his guilt beyond even reasonable suspicion. I do think he is a flight risk. He is delusional enough to attempt it, and may have the hidden means by which to make it.
    - maxbond 4y ago
      Okay. So he's on house arrest, wearing an ankle monitor, and if he flees his parents will never recover financially. What's the problem?
      - JumpCrisscross 4y ago
        > on house arrest, wearing an ankle monitor, and if he flees his parents will never recover financially. What's the problem? That it’s not a jail. Jails are tougher to get out of than ankle bracelets. His parents are going to spend the rest of their lives fighting civil lawsuits, if not criminal cases of their own. Losing their home is a matter of time. It is difficult to even say to what degree their plight matters to him.
olol 4y ago
actually it seems like the opposite
loeg 4y ago
It's just clearly not a $250M bond. Almost nothing to do with SBF himself. I mean, also, fuck the guy, but the prosecutors claiming this is a 250M bond are just being absurd. This is a $4M bond, or maybe up to $12M depending on the assets pledged by the lesser guarantors. It's a far cry from $250M claimed by the prosecution.
- dragonwriter 4y ago
  > It's just clearly not a $250M bond. It is, in fact, a $250M bail bond, people just have a very wrong mental model, based on a bad generalization from an already slightly wrong mental model of the terms when an arms-length bail agent provides surety to the court for the defendant, of what that means.
  - gemstones 4y ago
    I get that this is technically not how bail works - it just turns out that how bail works is stupid.
  - loeg 4y ago
    > people just have a very wrong mental model, based on a bad generalization from an already slightly wrong mental model of the terms when an arms-length bail agent provides surety to the court for the defendant, of what that means. Are you familiar with the "please don't sneer" guideline?
    - maxbond 4y ago
      I don't think "please don't sneer" means "forego all metacommentary," and I didn't interpret this as particularly sneering or mean or rude. Cursory inspection of dang's citing this rule seems to be really broad, really rude snark, I don't think this comment fits the pattern I'm seeing there. I'd propose our discourse would be hobbled if we couldn't make comments like, "many people in this discussion have misconception X". But perhaps "very wrong mental model" was too many superlatives and "misunderstanding" would've been sufficient.
moralestapia 4y ago
What?(!) The guy stole billions from average people AND big time investors (he pissed on both buckets), he then proceeded to make such dumb mistakes that make him seem like it has a borderline mental issue, he also happens to be an absolute zero for charisma. How do you expect someone to sympathize with him, honestly? What would you like to happen then?
- maxbond 4y ago
  He's been charged, there's a mountain of evidence against him, and he's facing trial. That's what my expectations were. I don't think see a need to crank every step of the process up to 11. He's on a conveyor belt leading to a meat grinder.
  - fanso99 4y ago
    People are upset that he is getting special treatment. Again. He doesn't deserve it.
    - maxbond 4y ago
      Is he getting special treatment or do people not have detailed knowledge of how the criminal justice system operates and so are objecting to any perceived leniency at every step?
      - fanso99 4y ago
        No, probably just special treatment: https://twitter.com/whalechart/status/1606293657518080001 https://twitter.com/whalechart/status/1606293657518080001
        maxbond 4y ago
        That judge recused herself because their husband works at a law firm that advised FTX - note the husband did not work with FTX, other people in the same law firm did. We found out about it from the judge, to avoid the appearance of impropriety - not because any impropriety is alleged to have happened. This wasn't even the same judge who approved the bail. I'm not seeing the conspiracy. This really seems to me like a Thursday in the criminal justice system, with every single step being scrutinized and cast into the worst possible light. https://www.yahoo.com/entertainment/judge-sbf-case-recuses-herself-024156533.html https://www.yahoo.com/entertainment/judge-sbf-case-recuses-h...

cageface 4y ago

At least in my circle the people screaming the loudest for his head are the same people that are adamantly opposed to any government regulation of crypto. I think they're just mad that SBF spoiled their get rich quick scheme.

plsbenice34 4y ago
He was pushing for absurd regulations himself, such as KYC for front-ends of decentralised exchanges, so it is no surprise that they weren't his fan. More importantly, people who are in those groups tend to be aware how much he stinks of government corruption given his family ties, religion etc. - so it has always been assumed that he will get unfair treatment - and now it is seemingly turning out to go as expected. He is part of 'the establishment' that acted against the interests of the space. Regulations are also seen as only protecting the interests of the traditional financial system rather than actually protecting people; that's exactly how it seems to go so far
- maxbond 4y ago
  > More importantly, people who are in those groups tend to be aware how much he stinks of government corruption given his [...] religion... He "stinks of corruption" in part because he's Jewish? How am I meant to interpret this as anything other than bigotry?
- cageface 4y ago
  How is it turning out as to be expected? He's being prosecuted and faces a very severe sentence if convicted.

JumpCrisscross 4y ago

> group of people who want him to be obliterated and will be dissatisfied at every step if it doesn't result in his head on a pike He’s a fraudster who was content evading justice in the Bahamas for years to come. Of course there is popular desire for retribution, even beyond that which exists and continues to build against crypto at large.

maxbond 4y ago
If you believe he's guilty beyond a shadow of doubt, it shouldn't disturb you that he's on house arrest instead of in prison. His trial will last a year or two, his sentence probably be 10 to life (probably closer to the "life").
- JumpCrisscross 4y ago
  > believe he's guilty beyond a shadow of doubt, it shouldn't disturb you that he's on house arrest instead of in prison I don’t believe in his guilt beyond even reasonable suspicion. I do think he is a flight risk. He is delusional enough to attempt it, and may have the hidden means by which to make it.
  - maxbond 4y ago
    Okay. So he's on house arrest, wearing an ankle monitor, and if he flees his parents will never recover financially. What's the problem?
    - JumpCrisscross 4y ago
      > on house arrest, wearing an ankle monitor, and if he flees his parents will never recover financially. What's the problem? That it’s not a jail. Jails are tougher to get out of than ankle bracelets. His parents are going to spend the rest of their lives fighting civil lawsuits, if not criminal cases of their own. Losing their home is a matter of time. It is difficult to even say to what degree their plight matters to him.

olol 4y ago

actually it seems like the opposite

loeg 4y ago

It's just clearly not a $250M bond. Almost nothing to do with SBF himself. I mean, also, fuck the guy, but the prosecutors claiming this is a 250M bond are just being absurd. This is a $4M bond, or maybe up to $12M depending on the assets pledged by the lesser guarantors. It's a far cry from $250M claimed by the prosecution.

dragonwriter 4y ago
> It's just clearly not a $250M bond. It is, in fact, a $250M bail bond, people just have a very wrong mental model, based on a bad generalization from an already slightly wrong mental model of the terms when an arms-length bail agent provides surety to the court for the defendant, of what that means.
- gemstones 4y ago
  I get that this is technically not how bail works - it just turns out that how bail works is stupid.
- loeg 4y ago
  > people just have a very wrong mental model, based on a bad generalization from an already slightly wrong mental model of the terms when an arms-length bail agent provides surety to the court for the defendant, of what that means. Are you familiar with the "please don't sneer" guideline?
  - maxbond 4y ago
    I don't think "please don't sneer" means "forego all metacommentary," and I didn't interpret this as particularly sneering or mean or rude. Cursory inspection of dang's citing this rule seems to be really broad, really rude snark, I don't think this comment fits the pattern I'm seeing there. I'd propose our discourse would be hobbled if we couldn't make comments like, "many people in this discussion have misconception X". But perhaps "very wrong mental model" was too many superlatives and "misunderstanding" would've been sufficient.

moralestapia 4y ago

What?(!) The guy stole billions from average people AND big time investors (he pissed on both buckets), he then proceeded to make such dumb mistakes that make him seem like it has a borderline mental issue, he also happens to be an absolute zero for charisma. How do you expect someone to sympathize with him, honestly? What would you like to happen then?

maxbond 4y ago
He's been charged, there's a mountain of evidence against him, and he's facing trial. That's what my expectations were. I don't think see a need to crank every step of the process up to 11. He's on a conveyor belt leading to a meat grinder.
- fanso99 4y ago
  People are upset that he is getting special treatment. Again. He doesn't deserve it.
  - maxbond 4y ago
    Is he getting special treatment or do people not have detailed knowledge of how the criminal justice system operates and so are objecting to any perceived leniency at every step?
    - fanso99 4y ago
      No, probably just special treatment: https://twitter.com/whalechart/status/1606293657518080001 https://twitter.com/whalechart/status/1606293657518080001
      - maxbond 4y ago
        That judge recused herself because their husband works at a law firm that advised FTX - note the husband did not work with FTX, other people in the same law firm did. We found out about it from the judge, to avoid the appearance of impropriety - not because any impropriety is alleged to have happened. This wasn't even the same judge who approved the bail. I'm not seeing the conspiracy. This really seems to me like a Thursday in the criminal justice system, with every single step being scrutinized and cast into the worst possible light. https://www.yahoo.com/entertainment/judge-sbf-case-recuses-herself-024156533.html https://www.yahoo.com/entertainment/judge-sbf-case-recuses-h...