4 ms·
SBF Guilty on All Charges
- Ajay-p 3y agoI never had any doubt but did anyone have doubt? Michael Lewis's book Going Infinite portrayed SBF (to me at least) as a hapless kid caught up in something he did not understand. Lewis is the only person I have read that seemed to defend SBF. Was he the only one?
- bilalq 3y agoOf his actual guilt? No. But there's a very real question about whether or not he'd actually be convicted. The justice system isn't really known for fairness.
- cyanydeez 3y agorich people need to work on their Teflon to some degree but usually they're smart enough to hire lawyers before they break the law
- Ajay-p 3y agoIn this case I think Mr. Bankman-Fried did more to talk himself into a conviction than anything he did. I read that reporters in the overflow room laughed aloud at his answers, which made me feel there was an eagerness on some to convict him. I cannot help but think of Martin Shkrelli and how similar he is to SBF in their attitudes.
- infecto 3y agoI don’t like this take and I don’t think it’s true. He is 31 and well into adulthood. He was a trader who at Jane street. He is far from hapless or confused. In comparison Zuckerberg was a billionaire by 23 I think? I just don’t like it perpetuated that he is some confused teen.
- M2Ys4U 3y agoEveryone referring to Bankman-Fried as a kid or child or whatever was defending him (or, more likely, defending their own interest in keeping the crypto grift going). And there were a lot of articles being published pushing that angle. He was 27 when he started FTX.
- spamizbad 3y ago27 is only 14 in white collar criminal years.
- pxmpxm 3y agoThat did come up at the trial - his was a manicured image to accomplish just that. "Look at that on-the-spectrum mathy kid! Cargo shorts, goofy hair... he doesn't even understand things like social decorum!" all while he was deliberately social engineering his way into the elitest social strata.
- YiraldyGuber 3y agoI think it's more likely they were defending SBF due to shared ancestry rather than a shared interest in crypto. I am very invested in "keeping the crypto grift going" and hope he dies in prison.
- Amorymeltzer 3y agoDiscussion via NYT story: https://news.ycombinator.com/item?id=38122061 https://news.ycombinator.com/item?id=38122061
- kemayo 3y agoMore discussion on the slightly earlier post of the NYT story: https://news.ycombinator.com/item?id=38122061 https://news.ycombinator.com/item?id=38122061
- AdamJacobMuller 3y agoHow did this trial happen so quickly! FTX went bankrupt less than a year ago!
- johnsillings 3y agogg
- ChrisArchitect 3y ago[dupe] https://news.ycombinator.com/item?id=38122061 https://news.ycombinator.com/item?id=38122061
- anonu 3y agoThe next thing to armchair debate is sentencing. His convictions sum up to 110+ years in prison. That seems a bit extreme to me. Going to guess he will get 25 years and then get out in 15.
- Gibbon1 3y agoProbably. Journalists love to sum the max sentences for each charge even through sentencing never works that way. At least that's my take away from an essay by a criminal lawyer.