6 ms·

So the interesting thing is that he massively toned down his public/online presence, was that a part of the deal or what else has changed?

notyourwork 4y ago
When the years of jail time start racking up you usually stop talking as much.
- twelve40 4y ago
  Um they were racking up a month ago just the same
  - spookthesunset 4y ago
    But a month ago the idea the feds would get him was just fantasy (in his mind). Shit probably got very real once somebody slapped some handcuffs on him.
- 0cf8612b2e1e 4y ago
  Is there any interpretation where he is not going down for all of the crypto ills? That the fraud was so straightforward, I expect the book to be thrown at him to make an example. What more could he say at this point to make the situation any worse? His lawyers were surely telling him to stop shut up for the past two months and he didn’t listen then.
tofuahdude 4y ago
Living at your parent's house with an ankle bracelet, only out of jail on a $250 million bond is quite a different scenario than being in a Bahamian mansion.
- notch656c 4y ago
  Dude is staring down the barrel of the rest of his youthful years in jail, meanwhile he lives close enough to a coastline where he could board a yacht and be well into international waters god knows where in an anonymous fishing boat with hundreds of millions in crypto before sunrise. The most baffling part of all of this is that he has never attempted to escape. Surely a Liberian or Somalian warlord or something will protect him in exchange for $1MM / annum and probably provide him a harem and a nice plot of desert.
  - vkou 4y ago
    I have doubts that the FBI are just going to let him waltz off onto a yacht and sail into the sunset. They might let him waltz off onto a yacht, and sail just far enough to slap some charges for violating his bail terms, though.
  - lordfrito 4y ago
    > The most baffling part of all of this is that he has never attempted to escape. SBF is either a criminal genius, or so self-deluded he might be borderline psychotic. A criminal genius, knowing what they're doing is a crime, would have an exit strategy. The fact there wasn't an exit strategy tells me that SBF really believed in what he was doing. That he really was the genius everyone has been telling him he was. So the conclusion I'm drawing is this just self-delusion on a grand scale. I mean, there's really no other explanation for him running his mouth against his lawyers advice, talking about how everyone doesn't understand this will all work out he was about to close another $8B etc. He really believes he's the smartest guy in the room. If only we regular folk could understand him. He's not living in reality. Usually the worst guys like this do is con their friends/family out of a $100k to start some wild ass venture that "can't go wrong". This guy talked his way into how many billions? I suppose the difference is attributable to how well connected he was. If so, what a damning indictment on the rich, well connected, cultural elite in and around SBFs world. The right has been pointing out for a while that the cultural elite seem disconnected from reality. We'll, here's some hard evidence that supposition may in fact be correct. Call it an "elite" bubble, where they're so disconnected from reality that whatever they seem to believe works out, so they must all be geniuses. The people setting cultural policy in this country are untethered from any sort of day-to-day reality. I mean, SBFs mother wrote that piece about not assigning blame when things go wrong. [1] Parents with this kind of thinking raise deluded kids like SBF. And his well connectedness got him the $Bs needed to create this disaster. If my hypothesis is correct, then this guy is heading towards a huge mental breakdown. He's never been challenged by reality, and frankly won't know what to do with himself once the prosecution gets running and the blows start landing fast and furious. It was only two days ago the judge told him to stop accessing Alameda funds, at which point SBF became "animated". [2] This rich kid is in for a collosal wake up call. [1] https://www.businessinsider.com/sam-bankman-frieds-mom-wrote-essay-questioning-blame-problems-2022-11 https://www.businessinsider.com/sam-bankman-frieds-mom-wrote... [2] https://twitter.com/molcranenewman/status/1610363438748020736 https://twitter.com/molcranenewman/status/161036343874802073... edit: edited to point out this is an indictment of the trusted people in and around SBFs world, not "wokes" or "elites" in general.
chessgecko 4y ago
I'm a fan of the conspiracy that he's the fall guy here and it was on purpose to draw all the attention. Can't ham it too hard though or it'll get suspicious.
- WJW 4y ago
  You have to be one hell of a fall guy to accept life in prison. What's in it for him? Who would he want to protect that hard to accept decades of prison time, and/or what could they have on him that would make life in prison preferable to them revealing it? It's a fun conspiracy but it doesn't make a lot of sense.
  - jessaustin 4y ago
    There is nothing he could say or do to stay out of prison right now. He will certainly receive a very long sentence. His handler might be dangling the possibility of an early release on "good" behavior, or a less appealing result on "bad" behavior. He'll still be young in a decade. His handler might be lying to him, but the Epstein case was very recent so for now SBF has to believe. He might be dumb but he's not naïve enough to believe in USA justice system.
zactato 4y ago
I actually sat across the aisle from him on his way back from NYC -> SF this past week. He really didn't want to make eye contact with anyone.

notyourwork 4y ago

When the years of jail time start racking up you usually stop talking as much.

twelve40 4y ago
Um they were racking up a month ago just the same
- spookthesunset 4y ago
  But a month ago the idea the feds would get him was just fantasy (in his mind). Shit probably got very real once somebody slapped some handcuffs on him.
0cf8612b2e1e 4y ago
Is there any interpretation where he is not going down for all of the crypto ills? That the fraud was so straightforward, I expect the book to be thrown at him to make an example. What more could he say at this point to make the situation any worse? His lawyers were surely telling him to stop shut up for the past two months and he didn’t listen then.

tofuahdude 4y ago

Living at your parent's house with an ankle bracelet, only out of jail on a $250 million bond is quite a different scenario than being in a Bahamian mansion.

notch656c 4y ago
Dude is staring down the barrel of the rest of his youthful years in jail, meanwhile he lives close enough to a coastline where he could board a yacht and be well into international waters god knows where in an anonymous fishing boat with hundreds of millions in crypto before sunrise. The most baffling part of all of this is that he has never attempted to escape. Surely a Liberian or Somalian warlord or something will protect him in exchange for $1MM / annum and probably provide him a harem and a nice plot of desert.
- vkou 4y ago
  I have doubts that the FBI are just going to let him waltz off onto a yacht and sail into the sunset. They might let him waltz off onto a yacht, and sail just far enough to slap some charges for violating his bail terms, though.
- lordfrito 4y ago
  > The most baffling part of all of this is that he has never attempted to escape. SBF is either a criminal genius, or so self-deluded he might be borderline psychotic. A criminal genius, knowing what they're doing is a crime, would have an exit strategy. The fact there wasn't an exit strategy tells me that SBF really believed in what he was doing. That he really was the genius everyone has been telling him he was. So the conclusion I'm drawing is this just self-delusion on a grand scale. I mean, there's really no other explanation for him running his mouth against his lawyers advice, talking about how everyone doesn't understand this will all work out he was about to close another $8B etc. He really believes he's the smartest guy in the room. If only we regular folk could understand him. He's not living in reality. Usually the worst guys like this do is con their friends/family out of a $100k to start some wild ass venture that "can't go wrong". This guy talked his way into how many billions? I suppose the difference is attributable to how well connected he was. If so, what a damning indictment on the rich, well connected, cultural elite in and around SBFs world. The right has been pointing out for a while that the cultural elite seem disconnected from reality. We'll, here's some hard evidence that supposition may in fact be correct. Call it an "elite" bubble, where they're so disconnected from reality that whatever they seem to believe works out, so they must all be geniuses. The people setting cultural policy in this country are untethered from any sort of day-to-day reality. I mean, SBFs mother wrote that piece about not assigning blame when things go wrong. [1] Parents with this kind of thinking raise deluded kids like SBF. And his well connectedness got him the $Bs needed to create this disaster. If my hypothesis is correct, then this guy is heading towards a huge mental breakdown. He's never been challenged by reality, and frankly won't know what to do with himself once the prosecution gets running and the blows start landing fast and furious. It was only two days ago the judge told him to stop accessing Alameda funds, at which point SBF became "animated". [2] This rich kid is in for a collosal wake up call. [1] https://www.businessinsider.com/sam-bankman-frieds-mom-wrote-essay-questioning-blame-problems-2022-11 https://www.businessinsider.com/sam-bankman-frieds-mom-wrote... [2] https://twitter.com/molcranenewman/status/1610363438748020736 https://twitter.com/molcranenewman/status/161036343874802073... edit: edited to point out this is an indictment of the trusted people in and around SBFs world, not "wokes" or "elites" in general.

chessgecko 4y ago

I'm a fan of the conspiracy that he's the fall guy here and it was on purpose to draw all the attention. Can't ham it too hard though or it'll get suspicious.

WJW 4y ago
You have to be one hell of a fall guy to accept life in prison. What's in it for him? Who would he want to protect that hard to accept decades of prison time, and/or what could they have on him that would make life in prison preferable to them revealing it? It's a fun conspiracy but it doesn't make a lot of sense.
- jessaustin 4y ago
  There is nothing he could say or do to stay out of prison right now. He will certainly receive a very long sentence. His handler might be dangling the possibility of an early release on "good" behavior, or a less appealing result on "bad" behavior. He'll still be young in a decade. His handler might be lying to him, but the Epstein case was very recent so for now SBF has to believe. He might be dumb but he's not naïve enough to believe in USA justice system.

zactato 4y ago

I actually sat across the aisle from him on his way back from NYC -> SF this past week. He really didn't want to make eye contact with anyone.