4 ms·

... the crime revolved around use of computers and incentivizing people to fund and use his FTX computer based "exchange." It seems like a hard stretch to not

• qwytw 4y ago
  Any financial crime in the past 20-30 years is computer based according to that definition.
• maxbond 4y ago
  So is every fraudster since like 2010 a "computer criminal?" People are usually restricted from using a computer because they're alleged to be hackers, eg, they're using a computer to break the law, not conducting business over a computer that happens to be fraudulent. He was already forbidden to do the thing he may have done. If he did, things are going to go very poorly for him. Again, from where I'm standing, it's just as likely that he gave the wallet up to prosecutors, perhaps as part of a plea deal. It's entirely possible he's attempting to make off with it, but I don't see any reason to jump to that conclusion without additional evidence. ETA: The no KYC exchange is certainly a strong indication it wasn't prosecutors. Perhaps he's been hacked, but that wouldn't be my first hypothesis. Seems like extraordinarily poor judgment, but hey, that's kind of his deal I guess. Or I guess the explanation we're all ignoring is; the court did approve this. Possibly, as someone pointed out elsewhere in the thread, to pay his legal fees.