6 ms·
Give him a chance to wrap things up. He’s not going anywhere in the interim.
by pbj1968 3y ago
Give him a chance to wrap things up. He’s not going anywhere in the interim.
- pb7 3y agoWrap up what things? He’s sitting in jail. Nothing to wrap up.
- tempsy 3y agothere’s an appeal process
- datavirtue 3y agoYeah, you work on that while you are in jail.
- chasil 3y agoWhy is this guy even in the country? He could have chartered a boat to Venezuela and taken a few hundred million with him. Of course, all the people he defrauded might follow him.
- duxup 3y agoI suspect most people aren’t really up for life on the run.
- chasil 3y agoVersus decades of prison? Is there not a house next to Edward Snowden? Why stay?
- fallingknife 3y agoRussia has a place for people who leak embarrassing secrets of the US. A thief like SBF has no value to them.
- duxup 3y agoOh they maybe are worth exactly the amount they bring… and someone will want it.
- klyrs 3y agoHe may be safer inside than out in countries without extradition treaties. He burnt a lot of money that wasn't his to burn.
- chasil 3y agoThat makes a lot of sense.
- Scoundreller 3y agoExtradition treaties aren’t the only thing to watch out for. Plenty of countries without them will happily fall over and hand someone wanted over. Extradition treaty mainly just lets some foreign country start a process in local courts to hand someone over. You need to butter up a place with adversarial relations. Or go somewhere with ironclad constitutional protections against extradition. And even then, e.g. France only has those for its own citizens and may still prosecute you locally for your crimes abroad.
- salamanderss 3y agoWhy would they need go to a country subject to treaties. Unrecognized territories like transnistria (weev!),rojava,Somaliland,Ambazonia, western Sahara, Palestine (before invasion), fractions of Myanmar, idlib, rebel held congo fractions, etc. Basically no diplomatic relations and they will likely not eject someone seen locally as supporting their cause. Its a big world out there and a shockingly large portion is free of recognized government control. In such places you pretty much live by your own bootstraps rather than what some far away western country says, at least on the individual level. What really really shocks me though is that SBF didn't just jump on a yacht out right after the failure as he easily could have done. If he had sailed to the right part of Latam or West Africa he'd have a decent chance at not getting caught.
- Scoundreller 3y agoIn any unrecognized territory, you risk becoming a pawn in exchange for a prisoner release. And pray that the unrecognized territory continues to exist as is.
- duxup 3y agoI’m not sure Russia there’s much protection in Russia if you don’t serve a purpose…
- jowea 3y agoThe right place to go in this case is probably the sort of place that will take your money and not extradite you. I heard the United Arab Emirates helps. Maybe Hong-Kong?
- duxup 3y agoYeah I wonder what a good place would be. If you’re known I gotta think there aren’t many places.
- kleton 3y agoIn his case, Israel would have been the best bet.
- nolongerthere 3y agoIn most cases this is true, Israel rarely extradites jews and generally the US doesn't try too hard in forcing exceptions (like tying aid to extradition of accused), but this was way too high profile, and SBFs politics in general don't align with Israel's, so I could see Israel not working out for him.
- paxys 3y agoMostly hubris. "I did nothing wrong, I have the best lawyers, I will beat the charges."
- jowea 3y agoHe also did a media tour after things blew up instead of just shutting up, which from what I gathered isn't the best idea for staying out of jail. Real overconfidence in his charisma? The fact that he did this instead of executing a planned escape and going to hangout with Ruja Ignatova is the main reason for me to think he believed his own shit.
- bensecure 3y agoEither he believed his own shit or he was certain that he was smarter than everyone else.
- JohnFen 3y agoI suspect the latter. I suspect even worse -- that he believes not only in his own genius, but that everyone else is actively stupid.
- paxys 3y agoDid media tours while out on bail. Leaked his ex-gf's private diaries in an attempt to intimidate her. Decided to testify at his own trial. I'm almost certain that he thought he would give a grand speech and all the jurors would instantly take his side, just like he had experienced with VCs, journalists, employees and other sycophants for the past decade.
- chasil 3y agoHubris, thy name is psyche.
- ww520 3y agoHe ran out of cash?
- prepend 3y agoRemember he tried that when he was in the Bahamas. But he ran out of money and the Bahamians turned him over.
- harambae 3y agoYeah I remember one of Sam's lawyers insisted he stay in the Bahamas and fight extradition if he was to have any chance of staying out of jail and the other lawyer said he should do the opposite and accept extradition. Given how harsh the US is on financial crimes, I always thought the former opinion was smarter. Nick Leeson only got sentenced to 6 1/2 years in Singapore (and served 4). Or, alternatively, most stats show higher levels of corruption he could've finessed in his favor in the Bahamas. As soon as he arrived on US soil it was over for him IMO.
- selimthegrim 3y agoWhy even follow him, I’m sure hitmen are pretty cheap in Venezuela. I guess security guards are too.
- Moto7451 3y agoAnother softball interview at the New York Times I’m sure.