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The problem is not that he's "breaking the rules" (technically or not), the problem is that the government is afraid SBF will use the VPN to cash out crypto he
by cmeacham98 4y ago
The problem is not that he's "breaking the rules" (technically or not), the problem is that the government is afraid SBF will use the VPN to cash out crypto he has through a no-KYC exchange and make a run for it.
It's about bail - if you know somebody could easily obtain money without the government knowing (and is doing the thing that would enable them to do that), then they become much more of a flight risk (at least in the prosecution's eyes, and they hope the court agrees).
- notch898a 4y agoYou're talking about the reason for the rules. I'm saying as long as he has internet access they will be playing whack-a-mole to make rules that achieve the very goal you express. I don't see any reasons why both our statements cannot exist without opposing each other. As an aside, I would squabble that breaking the rules, or not, is a relevant problem.
- mywittyname 4y agoMaybe he shouldn't be out on bail if he's so huge of a risk.
- selectodude 4y agoI think most people would agree. Unfortunately the one person who matters is the judge and the 78 year old Lewis A. Kaplan does not seem to be swayed by that argument.
- radicaldreamer 4y agoObviously... bail was initially granted by a judge who's famous for being lenient to white collar criminals, until that judge stepped aside because her husband worked for a firm which did work for FTX...
- tombert 4y agoI think you're right, but I have to think that if this is something they're genuinely concerned about, then maybe he should, you know, not be given bail? IANAL, but isn't it pretty common for people who are flight risks to not be let out on bail?
- elif 4y agoNo, mostly they are concerned about him communicating with other defendants and/or victims and/or paid fall guys and pre-orchestrating his trial. He wouldn't get very far if he tried to outsmart interpol.