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Does it ensure that he shows up to trial though? If a person ripped off a million people, it’s a tentative assumption that they wouldn’t rip off their parents
by benjaminwootton 4y ago
Does it ensure that he shows up to trial though?
If a person ripped off a million people, it’s a tentative assumption that they wouldn’t rip off their parents too.
If my child was facing decades in prison for a non-violent crime with mitigating circumstances then I would sacrifice my home in a heartbeat, so its tentative from that direction too. I’m sure SBF could also pay them back easily enough.
He likely has substantial resources to aid any escape and a history of extradition. So he has the means.
We have the ankle tag, but if that is a foolproof solution then there wouldn’t even need to be a bail system as pretty much everyone could be tagged until trial.
If you were facing 100 years in prison after the fall from grace he has had, surely a private jet to Russia looks to have very appealing odds?
- twblalock 4y agoFrom the article: > His parents co-signed the bond, meaning they are on the hook for that amount (which they can’t pay, obviously) if he breaks the terms of the bond. In addition to that, they are required to pledge their home equity. If he flees, they are screwed. They have a very strong incentive to make sure he makes his court date.
- StanislavPetrov 4y ago>If he flees, they are screwed. Unless they flee too, to a country that doesn't have extradition. Given the good chance he has countless millions stashed somewhere, this is definitely a non-zero chance. It is also made more likely due to the political connections SBF and his family have due to the tens of millions of dollars he has funneled to politicians. While not necessarily likely, it is far from impossible (anyone who thinks it is should look up Mark Rich). If anyone should be locked up without bail while waiting trial, it is SBF.
- twblalock 4y agoEvery politician they gave money to is trying hard to distance themselves. Nobody is going to stick their neck out for SBF or his family. What on earth would be in it for them? Besides, why is SBF in the USA right now? He could have tried to stay in the Bahamas. He came here because he knows that his chances with other countries’ justice systems are far worse. And what country in the world would give him shelter? He ripped people off all over the world. Anywhere he might go, there is a strong chance he would be arrested there.
- StanislavPetrov 4y ago>Every politician they gave money to is trying hard to distance themselves. Nobody is going to stick their neck out for SBF or his family. What on earth would be in it for them? What was in it for Bill Clinton when he pardoned Mark Rich? >Besides, why is SBF in the USA right now? He could have tried to stay in the Bahamas. In the Bahamas he was in jail. Hours after landing in the USA he is in a mansion in California. Is it really that hard to understand?
- twblalock 4y ago> In the Bahamas he was in jail. Hours after landing in the USA he is in a mansion in California. Is it really that hard to understand? Think about the long term. He knows he is screwed. He is choosing where he will serve his time.
- creato 4y ago> In the Bahamas he was in jail. Hours after landing in the USA he is in a mansion in California. Is it really that hard to understand? Yes, it is. I’d endure extreme life threatening hardship for a few months if it meant a decent chance at avoiding a likely multi decade prison sentence, even if I got to hang out in a mansion for a few months before prison. It’s hard to imagine a rational person doing otherwise.