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Even if he could find victims gullible enough to trust him, he’s under too much scrutiny from other less gullible people. Reoffending is impossible.

by creato 4y ago

collectedparts 4y ago
Agreed on the basic point that he won't win any more confidence games. I think the main thing is that we haven't seen what he might do now that he knows for sure that he's (by default) headed for a lifetime in jail. It seems that before the arrest, he was pretty delusional / "high on his own supply" and believed he was going to somehow talk his way out of trouble, as he'd ostensibly been doing for so long. So the thought experiment now is: do we believe that there's anything nefarious that he could do now, that he'd stopped himself from doing back when he was still trying to maintain an illusion? For example, he could have various wallet private keys (secretly?) memorized [1], and could take steps to move the funds to new wallets. TBH the idea that his (fiat) transactions are limited to $1k is a little laughable for someone who until recently, and perhaps still, has access to billions in crypto. [1] https://en.bitcoin.it/wiki/Brainwallet https://en.bitcoin.it/wiki/Brainwallet
- lolc 4y ago
  Don't the bail conditions forbid all financial transactions, even if they are in some shitcoin? Touching his wallets would violate that. So he could move funds around, but risk bankrupting his parents in doing so. The ultra-high bail means it would be hard for him to compensate them.
  - snapcaster 4y ago
    I wouldn't be surprised if he had access to wallets nobody else knows about with some of the customer money stashed away
    - lolc 4y ago
      It's a possibility. But the way I understand it, he thought he was somehow above board with what he was doing. At least recoverable, eventually above board. Having dark wallets would not have been consistent with that. Of course, that's what he wants me to think. I'm ready to learn that my take is too naive. But so far, evidence of a bigger plot is missing for me.
    - collectedparts 4y ago
      In case this concern seemed theoretical: https://twitter.com/wizardofsoho/status/1606610665795379201 https://twitter.com/wizardofsoho/status/1606610665795379201
doctomaton 4y ago
What about Jordan Belfort? He had an entire movie named after him and he’s still pulling scams https://youtu.be/RZOHYm2TpVM https://youtu.be/RZOHYm2TpVM
- deleted 4y ago
  [deleted]
navane 4y ago
It wouldnt surprise me if somehow a substantial part of the population is convinced he did nothing wrong, is being prosecuted by the reptiles/deepstate/etc, and would gladly hand him over more money. The past years have shown that we cant rely on common sense.

Even if he could find victims gullible enough to trust him, he’s under too much scrutiny from other less gullible people. Reoffending is impossible.

by creato 4y ago

Even if he could find victims gullible enough to trust him, he’s under too much scrutiny from other less gullible people. Reoffending is impossible.

collectedparts 4y ago

Agreed on the basic point that he won't win any more confidence games. I think the main thing is that we haven't seen what he might do now that he knows for sure that he's (by default) headed for a lifetime in jail. It seems that before the arrest, he was pretty delusional / "high on his own supply" and believed he was going to somehow talk his way out of trouble, as he'd ostensibly been doing for so long. So the thought experiment now is: do we believe that there's anything nefarious that he could do now, that he'd stopped himself from doing back when he was still trying to maintain an illusion? For example, he could have various wallet private keys (secretly?) memorized [1], and could take steps to move the funds to new wallets. TBH the idea that his (fiat) transactions are limited to $1k is a little laughable for someone who until recently, and perhaps still, has access to billions in crypto. [1] https://en.bitcoin.it/wiki/Brainwallet https://en.bitcoin.it/wiki/Brainwallet

lolc 4y ago
Don't the bail conditions forbid all financial transactions, even if they are in some shitcoin? Touching his wallets would violate that. So he could move funds around, but risk bankrupting his parents in doing so. The ultra-high bail means it would be hard for him to compensate them.
- snapcaster 4y ago
  I wouldn't be surprised if he had access to wallets nobody else knows about with some of the customer money stashed away
  - lolc 4y ago
    It's a possibility. But the way I understand it, he thought he was somehow above board with what he was doing. At least recoverable, eventually above board. Having dark wallets would not have been consistent with that. Of course, that's what he wants me to think. I'm ready to learn that my take is too naive. But so far, evidence of a bigger plot is missing for me.
  - collectedparts 4y ago
    In case this concern seemed theoretical: https://twitter.com/wizardofsoho/status/1606610665795379201 https://twitter.com/wizardofsoho/status/1606610665795379201

doctomaton 4y ago

What about Jordan Belfort? He had an entire movie named after him and he’s still pulling scams https://youtu.be/RZOHYm2TpVM https://youtu.be/RZOHYm2TpVM

deleted 4y ago
[deleted]

navane 4y ago

It wouldnt surprise me if somehow a substantial part of the population is convinced he did nothing wrong, is being prosecuted by the reptiles/deepstate/etc, and would gladly hand him over more money. The past years have shown that we cant rely on common sense.